For Sale
$1,900,000

484 Industrial Rd Saint Albans, WV 25177

Prime WV Industrial Park, Two Tenants

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 28.63-acre industrial land parcel in Saint Albans, West Virginia, presents a compelling investment opportunity. Located at 484 Industrial Rd, 25177, this fee-simple property boasts a highly desirable location, just minutes from the I-64 Saint Albans exit, offering convenient access to major transportation routes. The property currently generates a strong net operating income (NOI) of $172,000, resulting in a pro-forma capitalization rate of 9.05%. The asking price is $1,900,000. Two long-term, national tenants—Ferguson and an Asphalt Plant—are currently under triple-net (NNN) leases, providing stable and predictable income streams. The property is zoned for commercial use and offers additional river frontage, providing valuable potential for future development or expansion. Its strategic location is further enhanced by its proximity to Columbia Soccer Fields and a TransCanada facility. This is a rare opportunity to acquire a well-established, income-producing industrial property with significant upside potential in a thriving West Virginia market. The property is for sale by owner.

Highlights

  • Two strong national tenants with long-term NNN leases.
  • River access included.
  • Excellent location, minutes from I-64 Exit in Saint Albans.

Property Details for 484 Industrial Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
1,247,123 SF

Location Insight

City
Saint Albans
County
Kanawha
State
West Virginia
Latitude
38.4111869
Longitude
-81.8518447

FAQs

What type of property is this?
Land - Prime WV Industrial Park, Two Tenants
Where is the land located?
The property is located at 484 Industrial Rd Saint Albans, WV.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Two strong national tenants with long-term NNN leases.; River access included.; Excellent location, minutes from I-64 Exit in Saint Albans.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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484 Industrial Rd
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