312 10Th StFairmont, WV 26554

  • Office buildings
  • 0.05 AC
For Sale
$395,000 View listing

Property Details for 312 10Th St

Lot size
0.05 AC
Property type
Office buildings
APN
24-03- 6-0047.0000
APU
2403600470000

Description

This exceptional commercial property, located at 312 10th Street in Fairmont, West Virginia, presents a unique investment opportunity. The building boasts a substantial 6,190 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.25-acre lot, the property provides sufficient outdoor space for parking, loading, or potential expansion. The building's versatile "Other" property type allows for considerable flexibility in its intended use, making it suitable for a wide range of commercial applications. The asking price of $325,000 represents a compelling value for a property of this size and location within Fairmont. Its prime location on 10th Street offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Fairmont market. The property's substantial square footage and versatile nature make it ideal for businesses requiring significant space and adaptable layouts. Serious inquiries are encouraged to explore the potential of this promising commercial property. Further details regarding the building's internal layout and potential uses are available upon request. Don't miss this chance to acquire a significant commercial asset in a thriving West Virginia community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,207
    6.5%
    $449,730
    7%
    $417,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $409,277
    Geo Method
    $409,277
  • Alternative Use

    Use
    Valuation
    Residential
    $557,665
    Hospitality
    $510,818
    Educational
    $424,994
    Medical
    $439,611
    Retail
    $661,102

Location Insight

City
Fairmont
County
Marion
State
West Virginia
Latitude
39.4721
Longitude
-80.152
CBSA code
21900
CBSA name
FAIRMONT, 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
2023
$253
$8,520
-
$8,520
-
$14,200
-
$14,200

FAQs

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