2008 7Th AveHuntington, WV 25703

  • Schools
  • 0.28 AC
For Sale
$949,000 View listing

Property Details for 2008 7Th Ave

Lot size
0.28 AC
Property type
Schools
APN
06-05- 19-0594.0000
APU
6051905940000

Description

This exceptional 16,000 square foot mixed-use property, located at 2008 7th Avenue Unit 2008 in Huntington, West Virginia, presents a compelling investment opportunity. Situated on a sizable 1.4-acre lot, this property boasts significant development potential. The existing zoning, designated as R5 and NCD, allows for a variety of uses, including the addition of multi-unit residential development. Furthermore, the property is compliant with Huntington's zoning ordinances (specifically 1327.02), permitting light commercial ventures. This flexibility makes it an ideal canvas for creative entrepreneurs and savvy investors seeking to capitalize on a prime location within a thriving community. The substantial lot size offers ample space for expansion or redevelopment, allowing for significant future growth and increased return on investment. This property's versatility and strategic location make it a rare find in the Huntington market. The asking price of $949,000 reflects the property's considerable potential and presents a strong value proposition for discerning buyers. Serious inquiries are encouraged to explore the possibilities this unique property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,353,149
    Hospitality
    $2,155,472
    Educational
    $1,793,327
    Medical
    $1,855,002
    Retail
    $2,789,620

Location Insight

City
Huntington
County
Cabell
State
West Virginia
Latitude
38.4207
Longitude
-82.4214
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
-
$36,900
$324,840
$361,740
-
$61,500
$541,400
$602,900

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