3743 Teays Valley RdHurricane, WV 25526

  • Retail properties
  • 0.79 AC
For Sale
$850,000 View listing

Property Details for 3743 Teays Valley Rd

Lot size
0.79 AC
Property type
Retail properties
Property subtype
Retail space
APN
40-10-222P-0042.0000
APU
4010222P00420000

Description

This exceptional 3,000 square foot single-story commercial building presents a lucrative investment opportunity in Hurricane, WV. Located at 3743 Teays Valley Road, Unit 3743, this property boasts a highly desirable location with excellent visibility and substantial traffic flow. Currently fully leased to two separate businesses, the building is divided into three easily adaptable suites, offering flexibility for a variety of tenants or a single large occupant. The layout allows for diverse business types, maximizing rental income potential. The 0.76-acre lot provides ample parking for tenants and customers, a significant advantage in this busy area. The property's design prioritizes accessibility and mobility, making it an attractive option for a wide range of businesses. Furthermore, the existing site offers potential for future expansion, allowing for the development of additional structures or further parking expansion to meet growing needs. Priced at $799,000, this investment property offers a strong return on investment with its prime location, current rental income, and potential for future growth. Don't miss this chance to acquire a thriving commercial property in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,783,144
    6.5%
    $8,107,518
    7%
    $7,528,410
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,091,116
    Geo Method
    $8,091,116
  • Alternative Use

    Use
    Valuation
    Residential
    $6,838,994
    Hospitality
    $6,264,482
    Educational
    $5,211,976
    Medical
    $5,391,224
    Retail
    $8,107,518
3743 Teays Valley Rd, Hurricane, West Virginia

Location Insight

City
Hurricane
County
Putnam
State
West Virginia
Latitude
38.4456
Longitude
-81.9656
CBSA code
26580
CBSA name
HUNTINGTON-ASHLAND, WV-KY-OH 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
$3,608
$105,540
$54,540
$160,080
-
$175,900
$90,900
$266,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].