500 Avery StParkersburg, WV 26101
- Auto shops
- 0.52 AC
For Sale
$425,000
View listing
Property Details for 500 Avery St
- Lot size
- 0.52 AC
- Property type
- Auto shops
- APN
- 54-05- 93-00A1.0000
- APU
- 54059300A10000
Description
This 0.52-acre lot at 500 Avery Street in Parkersburg, WV, presents a unique opportunity for entrepreneurs. Previously an Exxon gas station, the property has undergone environmental remediation, with all pumps and tanks removed. The 2,840 square foot lot boasts a prime downtown location, experiencing high traffic volume with an Annual Average Daily Traffic count of 19,300 vehicles. This ensures significant visibility and accessibility for any new business venture. The property is being sold as real estate only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,751,456
- 6.5%
- $5,309,036
- 7%
- $4,929,820
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,298,296
- Geo Method
- $5,298,296
-
Alternative Use
- Use
- Valuation
- Residential
- $4,478,371
- Hospitality
- $4,102,164
- Educational
- $3,412,952
- Medical
- $3,530,329
- Retail
- $5,309,036
Location Insight
- City
- Parkersburg
- County
- Wood
- State
- West Virginia
- Latitude
- 39.2648
- Longitude
- -81.559
- CBSA code
- 37620
- CBSA name
- PARKERSBURG-MARIETTA-VIENNA, 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
2024
$3,539
$75,360
$37,740
$113,100
-
$125,600
$62,900
$188,500
Comparable in this City
Similar Nearby for Sale
FAQs
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