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    Property profile & analytics

    Nitro, WV 25143

    • Warehouses
    • 2.61 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US94-0717484
    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

    • Warehouses

    Property Details

    Lot size
    2.61 lot acres
    Property type
    Warehouses
    APN
    40-08-226B-0043.0008
    APU
    4008226B00430008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $315,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $360,000
      Mixed-Use
      $325,000
      Hospitality
      $300,000
      Educational
      $380,000
      Residential Income
      $355,000
      Energy
      $285,000
      Income-Based Land
      $295,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Nitro
    County
    Putnam
    State
    West Virginia
    Longitude
    -81.8296
    Latitude
    38.4421
    CBSA code
    26580
    CBSA name
    HUNTINGTON-ASHLAND, WV-KY-OH 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
    2024
    $4,716
    $62,340
    $146,880
    $209,220
    -
    $103,900
    $244,800
    $348,700

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      Blackwood Ln

      WAREHOUSE, STORAGE • 0.23 Acres
      Blackwood Ln, Nitro, WV 25143
      View Details
    • Value Estimation by Request
      0.09 Acres

      Shaheen Ln

      MINI-WAREHOUSE, STORAGE • 0.09 Acres
      Shaheen Ln, Nitro, WV 25143
      View Details
    • Value Estimation by Request
      0.31 Acres

      200 19th St

      WAREHOUSE, STORAGE • 0.31 Acres
      200 19th St, Nitro, WV 25143-1836
      View Details
    • Value Estimation by Request
      83.12 Acres

      Plant Rd

      WAREHOUSE, STORAGE • 83.12 Acres
      Plant Rd, Nitro, WV 25143
      View Details
    • Value Estimation by Request
      10.43 Acres

      Jw Dr

      WAREHOUSE, STORAGE • 10.43 Acres
      Jw Dr, Nitro, WV 25143
      View Details
    • Value Estimation
      $300,000
      0.82 Acres

      100 Armour Rd

      WAREHOUSE, STORAGE • 0.82 Acres
      100 Armour Rd, Nitro, WV 25143-1004
      View Details

    Similar Nearby for Sale

    • $75,000
      1,440 SF

      Nitro Office Building - Great Investment

      1440 sq ft Office Space, $75,000
      2208 2Nd Ave, Nitro, WV 25143
      View Details
    • $390,000
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      Nitro Office Building - Great Investment

      6,354 sq ft Office, 0.62 Acres
      410 1St Ave, Nitro, WV 25143
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    • $690,000
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      Office Building with Parking

      Well-maintained office building with parking in Nitro, WV.
      106 21St St, Nitro, WV 25143
      View Details
    • $1,739,141
      10,640 SF

      Dollar General NNN Investment Property

      Newly opened Dollar General with a 15-year lease.
      422 1St Ave S, Nitro, WV 25143
      View Details
    • $900,000
      11,574 SF

      Retail Property on Main Avenue

      Retail property available for sale on Main Avenue.
      804 Main Ave, Nitro, WV 25143
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    • $950,000
      Pending

      Nitro WV Retail Property

      Retail property with drive-through, ample parking, and recent renovations.
      101 21St St, Nitro, WV 25143
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      441,499 SF

      Nitro Marketplace Retail Spaces

      West Virginia retail space for lease.
      1000 Nitro Market Pl, Nitro, WV 25143
      View Details
    • Contact for pricing
      3,000 SF

      Nitro Office Space Available

      3000 sq ft office space for rent in Nitro.
      4115 1St Ave, Nitro, WV 25143
      View Details
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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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