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    678 Fairchance Rd Morgantown, WV 26508

    For Sale
    $699,000

    Spacious industrial building, 0.61-acre lot. Great location.

    Property size:
    7,950 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional industrial property, located at 678 FAIRCHANCE Road in Morgantown, West Virginia, presents a significant opportunity for businesses seeking a substantial workspace. The building boasts a generous 7,950 square feet of usable space, ideal for a variety of industrial applications. Situated on a 0.61-acre lot, the property offers ample room for expansion, storage, or outdoor operations. Its prime location in Morgantown provides easy access to major transportation routes, ensuring efficient logistics and convenient commutes for employees. The property is priced competitively at $699,000, representing excellent value for its size and location within the thriving Morgantown market. This is a rare opportunity to acquire a well-situated industrial property with significant potential for growth and profitability. Serious inquiries are encouraged to explore this promising investment. The property's size and location make it suitable for a wide range of industrial uses, from manufacturing and warehousing to distribution and light assembly. The ample space allows for efficient workflow and operational flexibility. Don't miss this chance to secure a valuable asset in a dynamic and growing market.

    Property Features for 678 Fairchance Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    7,950 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    LC Repair and Fabrication Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.83115
    Latitude
    39.68564

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, 0.61-acre lot. Great location.
    Where is this industrial property located?
    The property is located at 678 Fairchance Rd Morgantown, WV.
    What is the asking price?
    The asking price for this property is $699,000.
    (304) 594-0115
    Request Owner's contact information
    678 Fairchance Rd Morgantown, WV 26508
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    Morgantown, WV 26508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    678 Fairchance Rd Morgantown, WV 26508
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