209 Leon Sullivan WayCharleston, WV 25301

Property Details for 209 Leon Sullivan Way

Lot size

0.13 AC

Property type

Retail properties

Property subtype

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%

  $1,449,059

  6.5%

  $1,337,593

  7%

  $1,242,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,334,887

  Geo Method

  $1,334,887

• Alternative Use

  Use

  Valuation

  Residential

  $1,128,310

  Hospitality

  $1,033,526

  Educational

  $859,881

  Medical

  $889,454

  Retail

  $1,337,593

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

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