4235 National RdTriadelphia, WV 26003

  • Retail properties
  • 3,880 SF
For Sale
$150,000 View listing

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
4235 National Rd, Triadelphia, West Virginia

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

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
$1,757
$9,360
$53,160
$62,520
-
$15,600
$88,600
$104,200

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