109 Chase DrHurricane, WV 25526
- Office properties
- 0.12 AC
Property Details for 109 Chase Dr
- Lot size
- 0.12 AC
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 40-11-222R-0018.0000
- APU
- 4011222R00180000
Description
This exceptional Class A office building, located at 109 Chase Drive in Hurricane, West Virginia, presents a unique investment opportunity. Built in 2008, this two-story structure is situated within the desirable Chase Park Commercial Business Park, offering convenient access to both the Teays Valley and Hurricane exits (approximately 2.5 miles from each). The property features a total of 0 square feet (exact square footage to be determined), and is currently vacant, allowing for immediate occupancy. The second floor boasts a well-designed layout including a reception area, four individual offices, a dedicated conference room, a kitchen, a shared common workspace, and a bathroom. Ample shared parking is available for tenants and visitors. The property is listed as a gross lease, simplifying the financial aspects of tenancy. The building's APN is 11-222R-0018-0000-0000. This property is ideally suited for a variety of businesses seeking a modern, well-maintained office space in a prime location within Putnam County, WV, zip code 25526. The property type is listed as Office and Land. Further details regarding square footage are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $909,860
- 6.5%
- $839,871
- 7%
- $779,880
-
Comparable approach
- Method
- Valuation
- Relative Method
- $488,934
- Geo Method
- $488,934
-
Alternative Use
- Use
- Valuation
- Residential
- $1,041,440
- Hospitality
- $953,953
- Educational
- $793,678
- Medical
- $820,974
- Retail
- $1,234,610
Location Insight
- City
- Hurricane
- County
- Putnam
- State
- West Virginia
- Latitude
- 38.4431
- Longitude
- -81.9752
- CBSA code
- 26580
- CBSA name
- HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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