4518 Maccorkle AveSouth Charleston, WV 25309
- Retail space
- 0.21 AC
Property Details for 4518 Maccorkle Ave
- Lot size
- 0.21 AC
- Property type
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,861,020
- 6.5%
- $1,717,870
- 7%
- $1,595,160
-
Comparable approach
- Method
- Valuation
- Relative Method
- $889,932
- Geo Method
- $889,932
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,393,400
- Mixed-Use / Specialty
- $1,694,210
- Hospitality / Lodging
- $1,220,160
- Office
- $1,665,880
- Institutional / Educational
- $1,755,030
- Residential Income
- $2,053,380
- Multifamily
- $2,559,930
- Automotive / Energy
- $1,504,310
- Parking / Income-Based Land
- $536,443
- Restaurant / Food Service
- $843,749
- Healthcare / Senior Housing
- $1,755,360
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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