1025 10Th StHuntington, WV 25704

  • Warehouses
  • 0.92 AC
For Sale
$395,000 View listing

Property Details for 1025 10Th St

Lot size
0.92 AC
Property type
Warehouses
APN
06-07- 42-0329.0000
APU
6074203290000

Description

This exceptional commercial property, located at 1025 10th Street West in Huntington, West Virginia, presents a unique investment opportunity. Priced at $395,000, the property offers significant potential for redevelopment or repurposing. While the square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact footprint ideal for a variety of commercial ventures. The property's "Other" classification indicates its versatility and adaptability to diverse business needs. Its Huntington location provides excellent access to local amenities, transportation routes, and a thriving community. The absence of existing building information allows for complete design freedom, making it an attractive proposition for entrepreneurs seeking a blank canvas to build their dream business. Investors will appreciate the potential for significant return on investment, given the strategic location and the opportunity to tailor the property to specific market demands. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the property's exact dimensions and zoning regulations can be obtained upon request. This is a rare chance to acquire a prime commercial property in a desirable West Virginia location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,673,900
    6.5%
    $14,468,200
    7%
    $13,434,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,971,740
    Geo Method
    $5,971,740
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $7,298,600
    Mixed-Use / Specialty
    $7,177,510
    Hospitality / Lodging
    $5,142,130
    Office
    $7,035,840
    Institutional / Educational
    $7,427,740
    Residential Income
    $8,690,450
    Multifamily
    $10,949,900
    Automotive / Energy
    $6,366,630
    Parking / Income-Based Land
    $2,290,970
    Restaurant / Food Service
    $3,530,180
    Healthcare / Senior Housing
    $7,457,890

Location Insight

City
Huntington
County
Cabell
State
West Virginia
Latitude
38.4117
Longitude
-82.4399
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
$3,477
$43,680
$59,220
$102,900
-
$72,800
$98,700
$171,500

FAQs

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