500 Lee StCharleston, WV 25301

Property Details for 500 Lee St

Lot size

1.99 AC

Property type

Office buildings

APN

20-11- 9-0065.0000

APU

2011900650000

Description

Laidley Tower offers exceptional Class A office suites in Charleston, West Virginia's Central Business District. This eighteen-story, single building high-rise boasts 214,000 square feet of prime office space, perfect for multiple tenants. Currently, there are eight available suites ranging in size from 1,120 to 12,317 square feet, providing flexibility for businesses of various scales. Built in 1984 and extensively renovated in 2020, the building features modern amenities designed for optimal productivity and comfort. These include a convenient on-site banking facility, enhancing accessibility for financial transactions. Security is paramount, with 24/7 on-site security and a keycard entry system ensuring a safe and controlled environment. High-speed internet access is readily available throughout the building, supporting seamless connectivity. A micro-market provides convenient on-site food and beverage options. Parking is ample, with a total of 549 spaces available, combining surface and covered parking. Five modernized high-speed elevators ensure efficient and convenient vertical transportation. The elegant atrium lobby, renovated in 2020, provides a welcoming and impressive first impression. This is a truly exceptional opportunity to secure prestigious office space in a well-maintained and amenity-rich building within the heart of Charleston's business district.

• CAP approach

  CAP return

  Valuation

  6%

  $15,089,021

  6.5%

  $13,928,328

  7%

  $12,933,447

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,108,422

  Geo Method

  $8,108,422

• Alternative Use

  Use

  Valuation

  Residential

  $17,271,126

  Hospitality

  $15,820,259

  Educational

  $13,162,269

  Medical

  $13,614,940

  Retail

  $20,474,642

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3531

Longitude

-81.6344

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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