Boaz Business Park | 2242 Williams Hwy
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Boaz Business Park 2242 Williams Hwy
32,000 SF 100% Leased Flex Building Williamstown, WV 26187 $2,899,000 ($91/SF) 6.95% Cap Rate
Investment Highlights
- Stabilized, fully leased mixed-use center with strong tenant history.
- Sellers built and managed this asset while meticulously maintaining the property for over 30 years.
- Mix of regional and local tenants.
Executive Summary
PMC Realty Services is pleased to offer Boaz Business Park in Williamstown, WV. This is a 100% percent leased, stabilized asset, that offers an investor the rare opportunity to acquire a well constructed multi tenant mixed-use center at almost a 7% ROI. The property is a 31,543 square foot inline center on Williams Highway consisting eight tenants with strong rental history.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
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PROPERTY TAXES
| Parcel Number | 12-230-00S30000 | Improvements Assessment | $490,680 (2024) |
| Land Assessment | $67,260 (2024) | Total Assessment | $557,940 (2024) |
PROPERTY TAXES
Parcel Number
12-230-00S30000
Land Assessment
$67,260 (2024)
Improvements Assessment
$490,680 (2024)
Total Assessment
$557,940 (2024)
zoning
| Zoning Code | No Zoning (No Zoning) |
| No Zoning (No Zoning) |
-
Cale Conley -
PMC Realty Services
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Boaz Business Park | 2242 Williams Hwy
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