730 4Th AveHuntington, WV 25701

  • Office properties
  • 0.15 AC
For Sale

Property Details for 730 4Th Ave

Lot size
0.15 AC
Property type
Office properties
Property subtype
Office buildings
APN
06-07- 17-0168.0001
APU
6071701680001

Description

This exceptional commercial property, located at 730 4th Avenue in the heart of Huntington, West Virginia, presents a compelling investment opportunity. Situated on a sizable 0.15-acre lot, this office building offers significant potential for a variety of uses. While the precise square footage is currently unavailable, the property's central location and ample land provide a strong foundation for a successful business venture. Its prime downtown Huntington address ensures high visibility and easy access to a thriving business community. The property's strategic positioning offers excellent connectivity to major transportation routes, making it convenient for employees and clients alike. This presents a rare chance to acquire a well-situated commercial property in a dynamic and growing city. The asking price of $20 million reflects the significant potential inherent in this location and the opportunity to develop or renovate the existing structure to meet specific business needs. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and specifications are available upon request. Don't miss this chance to secure a valuable asset in a desirable West Virginia market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,079,246
    6.5%
    $996,227
    7%
    $925,068
  • Comparable approach

    Method
    Valuation
    Relative Method
    $598,937
    Geo Method
    $598,937
  • Alternative Use

    Use
    Valuation
    Residential
    $1,235,321
    Hospitality
    $1,131,548
    Educational
    $941,434
    Medical
    $973,812
    Retail
    $1,464,453
730 4Th Ave, Huntington, West Virginia

Location Insight

City
Huntington
County
Cabell
State
West Virginia
Latitude
38.4207
Longitude
-82.4465
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
$4,000
$26,880
$91,500
$118,380
-
$44,800
$152,500
$197,300

FAQs

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