4518 Maccorkle AveSouth Charleston, WV 25309

Property Details for 4518 Maccorkle Ave

Lot size

0.21 AC

Property type

Retail properties

Property subtype

Retail space

APN

20-18- 7-0073.0000

APU

2018700730000

Description

This exceptional single-tenant warehouse, located at 4518 MacCorkle Ave SW in South Charleston, West Virginia, presents a unique investment opportunity. The property boasts a substantial 5,800 square feet of warehouse space situated on a 1.4-acre lot, providing ample room for operations and potential expansion. Built in 1930, the single-story building features one dock-high door, facilitating efficient loading and unloading. With a prominent 200-foot frontage on MacCorkle Ave SW, the property benefits from high visibility and convenient access. The property includes 100 total parking spaces, ensuring ample parking for employees and visitors. The zoning is Commercial, allowing for a variety of uses. The property is classified as Class C and is situated in Kanawha County, West Virginia, with a zip code of 25309. The building's location at the intersection of MacCorkle Ave SW and Division Street offers excellent accessibility. The owner is open to build-to-suit options for qualified tenants with a long-term lease agreement. This versatile property is ideal for businesses seeking a well-located, spacious warehouse in a thriving commercial area. The property's size and location make it a prime candidate for various industrial, distribution, or manufacturing uses. This is a rare opportunity to acquire a substantial warehouse property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,340,807

  6.5%

  $2,160,745

  7%

  $2,006,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,156,374

  Geo Method

  $2,156,374

• Alternative Use

  Use

  Valuation

  Residential

  $1,822,669

  Hospitality

  $1,669,555

  Educational

  $1,389,050

  Medical

  $1,436,822

  Retail

  $2,160,745

Location Insight

City

South Charleston

County

Kanawha

State

West Virginia

Latitude

38.3563

Longitude

-81.7256

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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