12256 Veterans Memorial HwyReedsville, WV 26547

Property Details for 12256 Veterans Memorial Hwy

Lot size

2.43 AC

Property type

Banks

APN

39-14- V19-0034.0003

APU

3914V1900340003

Description

This unique commercial property, located at 12256 VETERANS MEMORIAL Highway in Reedsville, West Virginia, presents a compelling investment opportunity. The building offers 1,823 square feet of adaptable space, ideal for a variety of commercial uses. Situated on a sizable 0.7-acre lot, the property provides ample room for expansion, outdoor storage, or additional development. The property's address places it on a well-traveled highway, ensuring high visibility and accessibility for potential customers. The asking price of $165,000 represents a competitive entry point into the West Virginia commercial real estate market. Given its size, location, and versatility, this property is well-suited for entrepreneurs and investors seeking a strong foundation for their business ventures. The property's existing structure offers immediate occupancy potential, minimizing upfront investment costs and allowing for a rapid return on investment. Further details regarding the building's internal layout and zoning regulations are available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a growing area. Don't miss out on this chance to establish your business in a prime location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $37,034,624

  6.5%

  $34,185,808

  7%

  $31,743,964

• Comparable approach

  Method

  Valuation

  Relative Method

  $53,332,900

  Geo Method

  $53,332,900

• Alternative Use

  Use

  Valuation

  Residential

  $28,837,008

  Hospitality

  $26,414,544

  Educational

  $21,976,592

  Medical

  $22,732,400

  Retail

  $34,185,808

Location Insight

City

Reedsville

County

Preston

State

West Virginia

Latitude

39.5103

Longitude

-79.7954

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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