12205-12219 MacCorkle Avenue

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12205-12219 MacCorkle Avenue

Chesapeake, WV 25315
Asking Price
$200K
Asset Type
Land
Class
Class B

What's Special

Located at 12205-12219 MacCorkle Avenue in Chesapeake, West Virginia, this land parcel is situated along a primary commercial corridor paralleling the Kanawha River. The surrounding neighborhood features a mix of established retail, residential pockets, and light industrial facilities. The property offers direct frontage on State Route 61, providing immediate access to local traffic and proximity to the Interstate 77 and Interstate 64 interchange. Nearby amenities include regional service providers, convenience retail, and local dining options, supporting steady logistical connectivity within the Charleston metropolitan area. The site is suited for commercial development or light industrial use, given its level topography and high-visibility road frontage. Ideal use cases include equipment storage, small-scale distribution centers, or retail pad sites targeting commuters along the MacCorkle Avenue artery. Typical tenants for this location include regional logistics firms, automotive service providers, or specialty contractors requiring accessible yard space with reliable transport links to the central business district and southern West Virginia trade routes.

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NOI
$80,000
Cap Rate
40.02%
DSCR
6.74
Strong
Cash-on-Cash
113.61%
Monthly Payment
$988.996
Annual Cash Flow
$68,132.046

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