4235 National RdTriadelphia, WV 26003
- Retail properties
- 3,880 SF
Property Details for 4235 National Rd
- Year built
- 1920
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 3,880 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 35-07- TW4-0012.0000
- APU
- 3507TW400120000
Description
This exceptional 3,520 square foot executive office building in Wheeling, West Virginia, presents a compelling investment opportunity. Located on National Road (US 40), just one mile from I-70/470, this well-maintained property boasts 100% occupancy with two long-term tenants: Precision Printed Products (since 2001) and A Journey Within (since 2010). The building, constructed in 1920, sits on a 0.27-acre lot and features a recently updated roof (2010), furnace (2018), drainage system (2017), hot water tank (2014), and new gutters (2023). Ample parking and storage are available on an additional rear lot. The property is zoned commercial and offers a steady income stream with significant potential for future appreciation. This turnkey investment is priced at $150,000, representing a price per square foot of $42.61. The property's prime location and strong tenant history make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. APN: 07 TW400120000; 07 TW400040000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,084,694
- 6.5%
- $1,001,256
- 7%
- $929,738
-
Comparable approach
- Method
- Valuation
- Relative Method
- $914,597
- Geo Method
- $914,597
-
Alternative Use
- Use
- Valuation
- Residential
- $844,597
- Hospitality
- $773,646
- Educational
- $643,665
- Medical
- $665,801
- Retail
- $1,001,256
Location Insight
- City
- Triadelphia
- County
- Ohio
- State
- West Virginia
- Latitude
- 40.0523
- Longitude
- -80.6315
- CBSA code
- 48540
- CBSA name
- WHEELING, WV-OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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