2303 Murdoch AveParkersburg, WV 26101

Property Details for 2303 Murdoch Ave

Lot size

0.10 AC

Property type

Office buildings

APN

54-05- 53-0036.0000

APU

54055300360000

Description

This exceptional commercial property, situated at 2303 Murdoch Avenue in Parkersburg, West Virginia, presents a fantastic opportunity for business owners. Boasting just under 2,000 square feet of space, this versatile building is ideally suited for a company office or small retail establishment. The property benefits from a prime location on Murdoch Avenue, a high-traffic area with an impressive Annual Average Daily Traffic count of 11,310 vehicles, ensuring significant visibility and potential customer reach. Recent improvements enhance the property's appeal and functionality. These upgrades include a brand-new metal roof, providing lasting protection and durability, and a complete electrical service overhaul, ensuring modern and reliable power. Furthermore, the building has undergone both interior and exterior remodeling, resulting in a refreshed and updated space ready for immediate occupancy. The property sits on a 0.1-acre lot, offering ample space for parking and potential future expansion. Priced competitively at $260,000, this property represents an excellent investment opportunity in a thriving commercial area. Don't miss the chance to establish your business in this highly visible and well-maintained building. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $868,026

  6.5%

  $801,254

  7%

  $744,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $411,576

  Geo Method

  $411,576

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,632,160

  Retail / Commercial

  $826,259

  Mixed-Use / Specialty

  $814,880

  Hospitality / Lodging

  $586,871

  Institutional / Educational

  $844,132

  Residential Income

  $987,635

  Multifamily

  $1,231,270

  Automotive / Energy

  $723,542

  Parking / Income-Based Land

  $258,018

  Restaurant / Food Service

  $405,826

  Healthcare / Senior Housing

  $844,293

Location Insight

City

Parkersburg

County

Wood

State

West Virginia

Latitude

39.2808

Longitude

-81.5496

CBSA code

37620

CBSA name

PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].