3683 Ohio River RdPoint Pleasant, WV 25550

Property Details for 3683 Ohio River Rd

Lot size

1.21 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

26-14- 222-0001.0009

APU

261422200010009

Description

This exceptional retail property, located at 3683 Ohio River Road in Point Pleasant, West Virginia, presents a compelling investment opportunity. The building boasts 5,550 square feet of well-maintained space, ideally suited for a variety of retail uses. Situated on a generous 1.21-acre lot, ample parking is readily available for customers and employees. The property's strategic location offers significant advantages, particularly its proximity to the new Nucor facility. This proximity makes the property exceptionally attractive to businesses seeking to establish a corporate presence near this major industrial development. The building's current configuration suggests a history as a medical office building, offering a versatile layout adaptable to various retail needs. The asking price for this prime retail space is $1,425,000. The property's address is 3683 Ohio River Road, Point Pleasant, WV 25550. This is a rare opportunity to acquire a substantial retail property in a growing market with excellent access and visibility. The property's size and location make it an ideal investment for both established businesses and new ventures seeking to capitalize on the economic growth spurred by the nearby Nucor plant.

• CAP approach

  CAP return

  Valuation

  6%

  $9,174,844

  6.5%

  $8,469,086

  7%

  $7,864,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,930,306

  Geo Method

  $4,930,306

• Alternative Use

  Use

  Valuation

  Residential

  $10,501,667

  Hospitality

  $9,619,471

  Educational

  $8,003,286

  Medical

  $8,278,532

  Retail

  $12,449,557

Location Insight

City

Point Pleasant

County

Mason

State

West Virginia

Latitude

38.907

Longitude

-82.1198

CBSA code

38580

CBSA name

POINT PLEASANT, WV-OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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