555 5Th AveHuntington, WV 25701

  • Data centers and call centers
  • 1.04 AC
For Sale
$1,750 View listing

Property Details for 555 5Th Ave

Lot size
1.04 AC
Property type
Data centers and call centers
APN
06-07- 29-0087.0000
APU
6072900870000

Description

This exceptional commercial property located at 555 5th Avenue, Suite 4, Huntington, WV, presents a unique investment opportunity. Situated on a generous 1.02-acre lot, this office building offers significant potential for a variety of businesses. The property's address places it in a convenient and accessible location within Huntington, providing easy access to major transportation routes and local amenities. While the precise square footage is currently unavailable, the ample land area suggests substantial building size or expansion possibilities. The asking price of $1750 represents a compelling entry point into the Huntington commercial real estate market. This property is ideal for businesses seeking a prominent location with room to grow and establish a strong presence in the community. The expansive lot offers significant flexibility for future development or expansion of existing structures. Further details regarding the building's interior and specifications are available upon request. Serious inquiries are encouraged to explore this promising investment opportunity in a thriving West Virginia market. Don't miss the chance to own this strategically located commercial property in Huntington.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,650,626
    6.5%
    $7,062,117
    7%
    $6,557,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,245,780
    Geo Method
    $4,245,780
  • Alternative Use

    Use
    Valuation
    Residential
    $8,757,025
    Hospitality
    $8,021,388
    Educational
    $6,673,700
    Medical
    $6,903,219
    Retail
    $10,381,312

Location Insight

City
Huntington
County
Cabell
State
West Virginia
Latitude
38.418
Longitude
-82.4491
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
$15,109
$122,580
$324,600
$447,180
-
$204,300
$541,000
$745,300

FAQs

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