445 Adams AveHuntington, WV 25701

Property Details for 445 Adams Ave

Lot size

0.16 AC

Property type

Warehouses

APN

06-07- 27-0421.0000

APU

6072704210000

Description

This exceptional mixed-use property, located at 445 Adams Avenue in Huntington, West Virginia, presents a compelling investment opportunity. The building is situated on a 0-acre lot and offers significant potential for a variety of uses, given its mixed-use zoning classification. While the precise square footage is currently unavailable, the property's substantial size and central location within Huntington make it an attractive prospect for both investors and entrepreneurs. The asking price is $299,000, reflecting the property's strong potential for future growth and income generation. Its prime location in Huntington offers easy access to major transportation routes, local amenities, and a thriving community. The building's versatility allows for a range of development possibilities, from retail and commercial spaces to residential units or a combination thereof. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal use for this unique investment opportunity. Interested parties are urged to act quickly, as properties of this caliber in such a desirable location are rarely available. The property's current condition and potential for renovation or expansion should be considered as part of a comprehensive investment analysis. This is a chance to acquire a significant asset in a growing West Virginia market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,652,320

  6.5%

  $2,448,300

  7%

  $2,273,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,010,530

  Geo Method

  $1,010,530

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,235,060

  Mixed-Use / Specialty

  $1,214,570

  Hospitality / Lodging

  $870,145

  Office

  $1,190,600

  Institutional / Educational

  $1,256,910

  Residential Income

  $1,470,590

  Multifamily

  $1,852,930

  Automotive / Energy

  $1,077,350

  Parking / Income-Based Land

  $387,676

  Restaurant / Food Service

  $597,372

  Healthcare / Senior Housing

  $1,262,020

Location Insight

City

Huntington

County

Cabell

State

West Virginia

Latitude

38.4157

Longitude

-82.4633

CBSA code

26580

CBSA name

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

Property Tax & Assessments

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