500 Avery StParkersburg, WV 26101

Property Details for 500 Avery St

Lot size

0.52 AC

Property type

Retail properties

Property subtype

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

• 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

FAQs

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