209 Leon Sullivan WayCharleston, WV 25301

Property Details for 209 Leon Sullivan Way

Lot size

0.13 AC

Property type

Parking lots & garages

APN

20-11- 14-0028.0000

APU

20111400280000

Description

This exceptional commercial land parcel, located at 209 Leon Sullivan Way in Charleston, West Virginia, presents a prime opportunity for new business development. Priced at $230,000, this property encompasses two parcels, specifically parcels 27 and 28, making it an expansive site ready for immediate construction. The address is officially 209 Leon Sullivan Way, situated in Kanawha County, WV, zip code 25301. Its convenient downtown Charleston location offers excellent visibility and accessibility. The property's APN is 20-0011-0014-0027-0000. A significant advantage is the presence of all utilities on-site, simplifying the construction process and reducing initial development costs. This eliminates the need for extensive utility hookups, saving both time and money for the future owner. The property is ideally suited for a variety of commercial ventures, capitalizing on the vibrant and growing Charleston business environment. This is a rare opportunity to acquire a fully-serviced, build-ready lot in a desirable downtown location. Don't miss this chance to establish your business in a thriving West Virginia city.

• CAP approach

  CAP return

  Valuation

  6%

  $1,152,050

  6.5%

  $1,063,430

  7%

  $987,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $550,906

  Geo Method

  $550,906

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,100,660

  Mixed-Use / Specialty

  $1,048,790

  Hospitality / Lodging

  $755,329

  Office

  $1,031,250

  Institutional / Educational

  $1,086,440

  Residential Income

  $1,271,130

  Multifamily

  $1,584,700

  Automotive / Energy

  $931,231

  Parking / Income-Based Land

  $332,081

  Restaurant / Food Service

  $522,316

  Healthcare / Senior Housing

  $1,086,640

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3482

Longitude

-81.6317

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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