Parkersburg, WV High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Parkersburg, West Virginia Market population: 31K. Compare commercial properties across all major asset classes...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Parkersburg WV Properties: 0.8900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Parkersburg WV
Common questions from investors exploring commercial real estate in Parkersburg WV.
What is the overall investment potential of Parkersburg, WV, considering its demographic and economic factors?
+
The city's median household income of $32,577, combined with a poverty rate of 23.6% and a high health insurance coverage rate of 89.7%, suggests a stable market with opportunities for investment in affordable housing. The top industries, including Wholesale Trade and Public Administration, contribute to a diverse economy, while the average commute time of 16.8 minutes and high rate of carpooling indicate a relatively convenient and connected city.
How does the ethnic diversity and foreign-born population impact the demand for housing in Parkersburg, WV?
+
The city's ethnic diversity, with a majority of White and White Non-Hispanic populations, and a low foreign-born rate of 1.4%, may indicate a relatively stable and traditional housing market. However, the presence of top industries such as Information and Wholesale Trade could attract a more diverse workforce, potentially increasing demand for housing, particularly in areas with convenient commute options, such as those with short average commute times of 16.8 minutes.
What are the implications of the city's poverty rate and health insurance coverage on the quality of tenants and property management?
+
The poverty rate of 23.6% and high health insurance coverage rate of 89.7% suggest a working-class market with employment stability, which can lead to reliable tenants. Additionally, the relatively low median property value of $87,100 and median property taxes of $8,314 may attract investors looking for affordable options, while the high homeownership rate of 61.8% indicates a strong sense of community and potential for long-term tenants.
How do the top industries and commute methods in Parkersburg, WV impact the demand for different types of housing and investment opportunities?
+
The top industries, including Wholesale Trade and Public Administration, may drive demand for housing near major employment centers, while the high rate of carpooling and relatively short average commute time of 16.8 minutes could increase interest in properties with convenient access to public transportation. The presence of Information as a top industry could also attract younger professionals and families, potentially increasing demand for modern and amenity-rich housing options.
What are the key factors investors should consider when evaluating the potential for property appreciation and rental yields in Parkersburg, WV?
+
Investors should consider the city's median property value of $87,100, median property taxes of $8,314, and homeownership rate of 61.8% when evaluating potential for property appreciation. The poverty rate of 23.6% and health insurance coverage rate of 89.7% can also impact rental yields, as a stable and employed workforce can lead to reliable tenants and consistent rental income. Additionally, the average commute time of 16.8 minutes and top commute methods can influence the desirability and potential for long-term appreciation of properties in different areas of the city.
Parkersburg WV Real Estate & City Facts
Key facts and real estate information about Parkersburg WV.
What are some of the best neighborhoods to live in Parkersburg?
+
Some of the best neighborhoods to live in Parkersburg include Fairview, which is known for its peaceful and well-maintained environment, and Vienna, which is considered more desirable by many. The northeast parts of the city tend to be more desired, while the south regions offer more affordable homes.
What are some fun things to do in Parkersburg?
+
Parkersburg has a lot to offer when it comes to things to do. You can visit the Blennerhassett Island Historical State Park, Fort Boreman Park, or the Blennerhassett Museum. If you're looking for something more adventurous, you can go hiking, biking, kayaking, or rock climbing. The city also has a diverse music scene and a variety of restaurants and breweries, such as the North End Tavern & Brewery.
What is the food scene like in Parkersburg?
+
The food scene in Parkersburg is diverse and offers a range of options. You can find restaurants like Mary B's Diner, Der Dog Haus, and Zak Huffman's Prime Steakhouse, which serve everything from classic American cuisine to prime steaks. There are also plenty of great food trucks and local eateries, such as the Root Beer Shack and Chams Lebanese cuisine. Additionally, the city is home to several breweries, including the North End Tavern & Brewery.
What are the pros and cons of living in Parkersburg?
+
Living in Parkersburg has its pros and cons. On the plus side, the city has a rich history, a diverse music scene, and a variety of outdoor activities to enjoy. The cost of living is also relatively low, and the city has a dense suburban feel. However, some areas of the city may be more desirable than others, and the job market may be limited in certain industries. Additionally, the city's poverty rate is higher than the national average, which can be a challenge for some residents.
Is Parkersburg a good place to live?
+
Whether or not Parkersburg is a good place to live depends on your individual preferences and priorities. If you're looking for a city with a rich history, a diverse music scene, and plenty of outdoor activities, Parkersburg may be a great fit. However, if you're looking for a city with a more vibrant job market or a more urban feel, you may want to consider other options. Overall, Parkersburg is a city with a lot to offer, but it's not without its challenges.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Parkersburg WV Commercial Property: $32,577
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement