1114 Harper RdBeckley, WV 25801

  • Retail properties
  • 0.44 AC
For Sale
$350,000 View listing

Property Details for 1114 Harper Rd

Lot size
0.44 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
41-01- 10-0055.0000
APU
41011000550000

Description

This exceptional 1.79-acre commercial land parcel, located at 1114 Harper Road in Beckley, West Virginia, presents a unique investment opportunity. Zoned for commercial use, this property boasts high visibility from its prime Harper Road location, making it ideal for a variety of businesses. The expansive lot size offers ample space for development, allowing for flexibility in design and construction plans. The property is being sold in its "as is" condition, providing buyers with the opportunity to customize the land to their specific needs and vision. Situated in Raleigh County, with a 25801 zip code, this location offers convenient access to local amenities and transportation routes. The coordinates are 37.77720315328248 latitude and -81.19977733251511 longitude. This is a rare chance to acquire a substantial commercial property in a thriving West Virginia market. The asking price for this remarkable opportunity is $350,000. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,070,055
    6.5%
    $2,833,897
    7%
    $2,631,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,089,066
    Geo Method
    $8,123,362
  • Alternative Use

    Use
    Valuation
    Residential
    $2,390,498
    Hospitality
    $2,189,683
    Educational
    $1,821,791
    Medical
    $1,884,445
    Retail
    $2,833,897
1114 Harper Rd, Beckley, West Virginia

Location Insight

City
Beckley
County
Raleigh
State
West Virginia
Latitude
37.777
Longitude
-81.1996
CBSA code
13220
CBSA name
BECKLEY, WV 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
2023
$1,407
$37,620
$10,860
$48,480
-
$62,700
$18,100
$80,800

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