612 6Th AveHuntington, WV 25701

Property Details for 612 6Th Ave

Lot size

0.18 AC

Property type

Office buildings

APN

06-07- 29-0118.0000

APU

6072901180000

Description

This exceptional investment opportunity presents a well-situated office building at 612 6th Avenue in the vibrant city of Huntington, West Virginia. Priced competitively at $155,000, this property offers significant potential for return. While the exact square footage is currently unavailable, the building's location on 6th Avenue provides excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. The property sits on a lot with zero acres, suggesting a compact and potentially easily managed space. The building's classification as an "Office" property indicates its suitability for professional use, potentially including administrative offices, consulting firms, or other similar enterprises. Given its location in Huntington, WV, the property benefits from the city's established infrastructure and local economy. Further due diligence is recommended to ascertain the precise square footage and internal layout of the building, allowing potential buyers to fully assess its suitability for their specific needs and business plans. This is a rare opportunity to acquire a well-positioned office building in a thriving West Virginia city at an attractive price point. Interested parties should act quickly to secure this promising investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,359,716

  6.5%

  $1,255,122

  7%

  $1,165,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $749,723

  Geo Method

  $749,723

• Alternative Use

  Use

  Valuation

  Residential

  $1,556,352

  Hospitality

  $1,425,610

  Educational

  $1,186,090

  Medical

  $1,226,882

  Retail

  $1,845,030

Location Insight

City

Huntington

County

Cabell

State

West Virginia

Latitude

38.4176

Longitude

-82.4478

CBSA code

26580

CBSA name

HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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