12905 Emerson AveParkersburg, WV 26104

Property Details for 12905 Emerson Ave

Lot size

2.60 AC

Property type

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.

• 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

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

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