109 Chase DrHurricane, WV 25526

Property Details for 109 Chase Dr

Lot size

0.12 AC

Property type

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.

• 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 Income

  $1,041,440

  Hospitality / Lodging

  $953,953

  Institutional / Educational

  $793,678

  Healthcare / Senior Housing

  $820,974

  Retail / Commercial

  $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

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