Description 18. 2 acre Parcel.
Approximately 422 feet of road frontage on Route 34 / Teays Valley Road. Ideal for office and other commercial use. Traffic count on Route 34 is approximately 25,500 vehicles per day.
Prime commercial location in Putnam County half way between the cities of Charleston to the east (the state capitol) and Huntington to the west. Some examples of commercial dwellings that exist now are doctors offices, lawyers offices, accountants offices, several fuel stations, several convenient stores, restaurants and several retail outlets. Putnam General Hospital is 1/2 mile of subject property.
Route 34 is a main thoroughfare through the neighborhood. There is a mixture of residential and commercial dwellings (mostly commercial - 80-85%) with more of a concentration of commercial usage the closer to the I-64 / Winfield or Hurricane exchange. Most of the commercial borders along State Router 34, while a lot of the surrounding land behind the commercial has been converted into executive subdivisions appealing to the upper class.
The highest and best use would be to develop the 3.206 acres, more or less, along State Route 34 as commercial property and the 15 acres towards the rear could be sold as investment property for executive subdivisions. With its ideal location it would be perfect for a large strip mall. $2,800,000.