12905 Emerson AveParkersburg, WV 26104
- Office properties
- 2.60 AC
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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