12905 Emerson AveParkersburg, WV 26104

  • Office properties
  • 2.60 AC
For Sale
$485,000 View listing

Property Details for 12905 Emerson Ave

Lot size
2.60 AC
Property type
Office properties
Property subtype
Office buildings
APN
54-12- 360-0032.0000
APU
541236000320000

Description

This exceptional commercial property at 12905 Emerson Avenue, Parkersburg, WV, offers 18,360 square feet of versatile office space spread across multiple levels. Situated on a 2.6-acre lot just outside city limits, it provides both privacy and convenient access to major transportation routes. Previously used as drafting and print space, and more recently as an oil and gas office, this building is adaptable to a wide range of uses, including multiple business offices or a rehabilitation facility. The upper floor boasts a reception area with restrooms and kitchenette, nine individual offices, a dedicated server room, and two large conference rooms. A connecting hallway leads to a west wing containing an oversized conference room and seven additional offices. An open-air atrium provides access to the lower level, which features an updated kitchen, bathrooms, three spacious offices, and extensive file/storage areas. The building's strategic location offers easy access to I-77, Wood County Airport, and Route 31 interchange. High-speed internet connectivity is ensured with CAT5 wiring, supporting high-demand computer and multi-phone systems. Further enhancing accessibility, the Mid Ohio Valley Transit Authority plans to extend bus service to Route 31. This property presents a unique opportunity for businesses seeking a substantial and well-located office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,084,838
    6.5%
    $18,539,852
    7%
    $17,215,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,593,966
    Geo Method
    $10,593,966
  • Alternative Use

    Use
    Valuation
    Residential
    $22,989,416
    Hospitality
    $21,058,182
    Educational
    $17,520,160
    Medical
    $18,122,704
    Retail
    $27,253,582
12905 Emerson Ave, Parkersburg, West Virginia

Location Insight

City
Parkersburg
County
Wood
State
West Virginia
Latitude
39.3325
Longitude
-81.4291
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
$5,175
$22,620
$194,880
$217,500
-
$37,700
$324,800
$362,500

FAQs

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