109 Cambridge PlBridgeport, WV 26330

  • Office properties
  • 2.19 AC
For Lease
$15.75/SF/YR View listing

Property Details for 109 Cambridge Pl

Lot size
2.19 AC
Property type
Office properties
Property subtype
Office buildings
APN
17-16- 309-0015.0000
APU
171630900150000

Description

This exceptional 3,000 square foot office suite is located in Cambridge Place Office Park, Building VI, a premier Class A property in Bridgeport, West Virginia. Built in 2005, this single-story building boasts attractive all-brick facades, meticulously maintained landscaping, and ample surface parking. The suite, identified as Suite 109, is ideal for traditional office use, and is part of a multi-tenant building. The property enjoys a highly visible location off Thomson Drive, offering easy access to I-79 via Exit 119 (Route 50), making it strategically positioned for businesses seeking both local and regional accessibility. Its proximity to I-79 and Route 50 provides excellent visibility and convenient access for employees and clients. The area benefits from high traffic volume, with Lodgeville Road seeing approximately 8,816 vehicles daily and Route 50 seeing nearly 29,734 vehicles daily (WVDOT, 2023). This location is particularly advantageous given its proximity to the heart of Marcellus Shale activity along Route 50 and its convenient access to numerous amenities. The office park is home to a variety of professional office users, creating a thriving and desirable business environment. This is a rare opportunity to secure high-quality office space in a prime location. The suite is available immediately.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,230,902
    6.5%
    $15,905,448
    7%
    $14,769,345
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,923,342
    Geo Method
    $8,923,342
  • Alternative Use

    Use
    Valuation
    Residential
    $19,722,756
    Hospitality
    $18,065,938
    Educational
    $15,030,649
    Medical
    $15,547,576
    Retail
    $23,381,010
109 Cambridge Pl, Bridgeport, West Virginia

Location Insight

City
Bridgeport
County
Harrison
State
West Virginia
Latitude
39.286
Longitude
-80.2695
CBSA code
17220
CBSA name
CLARKSBURG, WV MICROPOLITAN 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
$16,845
$164,520
$394,980
$559,500
-
$274,200
$658,300
$932,500

FAQs

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