8409 Maccorkle AveMarmet, WV 25315

Property Details for 8409 Maccorkle Ave

Lot size

0.32 AC

Property type

Retail space

APN

20-21- 2-0012.0000

APU

2021200120000

Description

This exceptional commercial property, located at 8409 MacCorkle Avenue in Marmet, West Virginia, presents a unique investment opportunity. The property is being sold at a public auction on Tuesday, December 3rd, at noon, with online bidding available. This substantial building boasts a retail-style layout featuring multiple display rooms, ideal for a variety of commercial uses. An included office area provides convenient workspace, complete with a half bath. Additional storage is provided within the main building and in two separate, large outbuildings located on the property. The 0.34-acre lot offers excellent road frontage and ample parking, a significant advantage for any business. The property features a fenced perimeter for added security, enhancing its overall appeal. Recent improvements include a newer awning and a newer rubber roof, minimizing maintenance concerns for the new owner. The corner lot location provides high visibility and accessibility. This property is a prime opportunity for an investor seeking a versatile commercial space with significant potential. The auction format offers a competitive and transparent sales process. Detailed auction information and bidding instructions can be found online. Don't miss this chance to acquire a substantial commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,566,737

  6.5%

  $3,292,372

  7%

  $3,057,203

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,285,712

  Geo Method

  $3,285,712

• Alternative Use

  Use

  Valuation

  Residential

  $2,777,240

  Hospitality

  $2,543,936

  Educational

  $2,116,525

  Medical

  $2,189,316

  Retail

  $3,292,372

Location Insight

City

Marmet

County

Kanawha

State

West Virginia

Latitude

38.2519

Longitude

-81.5721

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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