1975 Kelmont LnSissonville, WV 25320

Property Details for 1975 Kelmont Ln

Lot size

1.52 AC

Property type

Day care centers & nurseries

APN

20-24- 35F-0015.0000

APU

202435F00150000

Description

This expansive 17,200 square foot mixed-use building, situated on a 1.3-acre lot at 1975 Kelmont Lane Unit 1975, Sissonville, WV, presents a remarkable investment opportunity. Previously operating successfully for over 30 years as a daycare center, the property offers a turnkey solution for a similar business or the potential for diverse adaptations. The building boasts a semi-commercial kitchen, numerous large rooms providing ample space for various uses, and extensive parking, making it highly adaptable to a wide range of commercial ventures. Imagine transforming this space into a community center, photography studio, fitness facility, or any number of other businesses that could thrive in this location. The substantial size and versatile layout offer significant flexibility for future tenants or owners. The property's established history and prime location in Sissonville provide a solid foundation for a successful business venture. The asking price is $398,000. This is a rare opportunity to acquire a substantial commercial property with significant potential for growth and adaptation. Don't miss out on this exceptional investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $11,265,982

  6.5%

  $10,399,368

  7%

  $9,656,556

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,122,384

  Geo Method

  $7,122,384

• Alternative Use

  Use

  Valuation

  Residential

  $13,192,037

  Hospitality

  $12,083,835

  Educational

  $10,053,609

  Medical

  $10,399,368

  Retail

  $15,638,947

Location Insight

City

Sissonville

County

Kanawha

State

West Virginia

Latitude

38.4889

Longitude

-81.6477

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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