4510 Pennsylvania AveBig Chimney, WV 25302

  • Office buildings
  • 0.42 AC
For Lease
$11/SF/YR View listing

Property Details for 4510 Pennsylvania Ave

Lot size
0.42 AC
Property type
Office buildings
APN
20-15- 37A-0041.0000
APU
201537A00410000

Description

This exceptional two-story office building, situated on 2.14 acres in the desirable Big Chimney submarket of Kanawha County, presents a fantastic opportunity for businesses seeking flexible space. The 32,724 square foot Class B building, constructed in 1967, features a total of six suites, with two currently available. These spaces offer a range of sizes, accommodating needs from 2,300 to a maximum contiguous 6,801 square feet. Currently, 9,101 square feet are vacant, providing ample room for expansion or multiple tenants. The building boasts convenient amenities including 100 parking spaces and elevators. The location offers easy access to Interstate 79, enhancing accessibility for employees and clients. Two available second-floor suites measure 4,247 and 3,250 square feet respectively. Rent starts at $11.00 per square foot, with utilities included. The property's APN is 15-37A-41, 15-37B-113, and 126. This is a rare opportunity to secure prime office space in a convenient and well-connected location. The building's zoning is currently unlisted. This property is ideal for businesses seeking a comfortable and functional workspace in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,184,598
    6.5%
    $2,939,628
    7%
    $2,729,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,711,314
    Geo Method
    $1,711,314
  • Alternative Use

    Use
    Valuation
    Residential Income
    $3,645,139
    Hospitality / Lodging
    $3,338,928
    Institutional / Educational
    $2,777,949
    Healthcare / Senior Housing
    $2,873,487
    Retail / Commercial
    $4,321,254

Location Insight

City
Charleston
County
Kanawha
State
West Virginia
Latitude
38.4061
Longitude
-81.5397
CBSA code
16620
CBSA name
CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,125
$59,880
$619,800
$679,680
-
$99,800
$1,033,000
$1,132,800

FAQs

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