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    Property profile & analytics

    856 Ritter Dr Beaver, WV 25813-9513

    • Office buildings
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US94-0085136
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dababnah Clinic / Doctor
    • Mousa I Dababnah / Doctor / Family Practice Physician

    Property Details for 856 Ritter Dr

    Lot size
    0.25 lot acres
    Property type
    Office buildings
    APN
    41-08-1004-0118.0000
    APU
    4108100401180000

    Description

    This exceptional commercial property, located at 856 Ritter Drive in Beaver, West Virginia, presents a unique investment opportunity. Spanning nearly three-quarters of an acre, this highly visible site boasts a prime location directly across from the Kroger Shopping Center, ensuring significant foot and vehicle traffic. The property's level topography makes it ideal for a variety of commercial ventures. Previously utilized as a medical office, the existing structure offers a solid foundation for a new business. The seller, a recently retired physician, is highly motivated to sell. The property is being sold "as is," with measurements considered approximate. A key advantage is the inclusion of two additional buildings/offices on the site, offering versatile options for expansion, additional rental income, or diverse business operations. This presents a rare chance to acquire a substantial commercial property in a thriving location with high visibility and significant potential. The asking price is $585,000. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $305,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $380,000
      Mixed-Use
      $290,000
      Hospitality
      $385,000
      Educational
      $335,000
      Residential Income
      $300,000
      Energy
      $310,000
      Income-Based Land
      $360,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Beaver
    County
    Raleigh
    State
    West Virginia
    Longitude
    -81.1359
    Latitude
    37.7488
    CBSA code
    13220
    CBSA name
    BECKLEY, WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,698
    $37,080
    $33,600
    $70,680
    -
    $61,800
    $56,000
    $117,800

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      171 Sullivan Rd

      OFFICE BUILDING • 1.00 Acre
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      View Details
    • Value Estimation by Request
      0.55 Acres

      600 Ritter Dr

      OFFICE BUILDING • 0.55 Acres
      600 Ritter Dr, Beaver, WV 25813
      View Details
    • Value Estimation
      $275,000
      1.12 Acres

      Redden Rdg Rd

      OFFICE BUILDING • 1.12 Acres
      Redden Rdg Rd, Beaver, WV 25813
      View Details
    • Value Estimation
      $240,000
      0.69 Acres

      385 Airport Rd

      OFFICE BUILDING • 0.69 Acres
      385 Airport Rd, Beaver, WV 25813-9596
      View Details
    • Value Estimation
      $295,000
      1.00 Acre

      199 Blue Angel Ln

      OFFICE BUILDING • 1.00 Acre
      199 Blue Angel Ln, Beaver, WV 25813
      View Details
    • Value Estimation
      $250,000
      0.52 Acres

      627 Industrial Park Rd

      OFFICE BUILDING • 0.52 Acres
      627 Industrial Park Rd, Beaver, WV 25813-9543
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Retail and Office Space Available

      Retail and office spaces in a highly trafficked shopping center.
      123 Beaver Plz, Beaver, WV 25813
      View Details
    • Contact for pricing
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      View Details
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    856 Ritter Dr
    Beaver, WV 25813-9513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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