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484 Industrial Rd

28.63 Acres of Industrial Land Offered at $2,693,193 CAD in Saint Albans, WV 25177

Investment Highlights

  • Solid NNN National Tenant in place.
  • Easy access from I-64 between Charleston and Hurricane, WV.
  • More land on which to expand or develop.

Executive Summary

This 28.63 acres of land and structures has two long-term tenants on site with leases in place. There is also river frontage available from one of the tracts. There is a no further action on the former Saint Albans City Tract. Gas supply line does run through a section of the property on which you can't build permanent structures. Solid leases in place.

Financial Summary (Actual - 2022)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $269,310 $9,406.56
Other Income - -
Vacancy Loss - -
Effective Gross Income $269,310 $9,406.56
Taxes $19,010 $664.00
Operating Expenses $2,835 $99.02
Total Expenses $21,845 $763.02
Net Operating Income $247,465 $8,643.54

Financial Summary (Actual - 2022)

Gross Rental Income (CAD)
Annual $269,310
Annual Per AC $9,406.56
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $269,310
Annual Per AC $9,406.56
Taxes (CAD)
Annual $19,010
Annual Per AC $664.00
Operating Expenses (CAD)
Annual $2,835
Annual Per AC $99.02
Total Expenses (CAD)
Annual $21,845
Annual Per AC $763.02
Net Operating Income (CAD)
Annual $247,465
Annual Per AC $8,643.54

Property Facts

Price $2,693,193 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 28.63 AC

1 Lot Available

Lot

Price $2,693,193 CAD
Price Per AC $94,069 CAD
Lot Size 28.63 AC

Two tracts of land totaling 28.63 acres from river to rail and across rail on the other.

Description

Ferguson and Asphalt plant are the two tenants which partly occupy this 28.63 acres. There is also room for additional tenants and expansion with access to Kanawha River. Just shoot me an email for questions duke@bhhsger.com. 304 415 0607

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-2-00160000
Land Assessment
$253,068 CAD (2024)
Improvements Assessment
$11,575 CAD (2024)
Total Assessment
$264,642 CAD (2024)
Annual Taxes
$19,010 CAD
Tax Year
2022

zoning

Zoning Code Commercial (Industrial/Commercial)
Commercial (Industrial/Commercial)
  • Listing ID: 30359273

  • Date on Market: 2023-12-13

  • Last Updated:

  • Address: 484 Industrial Rd, Saint Albans, WV 25177

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