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    455 Wades Run Rd Morgantown, WV 26501

    For Sale
    $850,000

    Prime WV acreage, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 84.45-acre property located at 455 Wades Run Road, Morgantown, West Virginia, presents a unique investment opportunity. The land, identified by APN 3103001200400, is currently zoned as unpermitted, offering flexibility for various development projects. Situated conveniently near I-79 exit 155 (approximately 3 miles), this location benefits from proximity to the Marcellus & Utica Shale Region and the I-79 Expansion Zone. The property boasts over 1,700 linear feet of frontage along a golf course. All utilities, including public sewage with ample capacity, are readily available. The absence of city limits translates to no Business and Occupation (B&O) taxes. Potential uses include residential development (single-family or multi-unit), solar farm construction, light industrial projects, or oil/gas industry support facilities. Note that an additional 68 acres of adjacent land is available through a separate seller. This expansive parcel offers significant potential for investors seeking a large-scale development project in a strategic location. The asking price for this 84.45-acre tract is $850,000.

    Property Features for 455 Wades Run Rd

    General Information

    Property type
    Agricultural land
    Lot Size
    3,678,642 SF

    HighLights

    • 84.45‑acre parcel at 455 Wades Run Road, Morgantown, WV, APN 3103001200400.
    • Unpermitted zoning allows for flexible development.
    • Conveniently located near I‑79 exit 155 (approx. 3 miles), close to Marcellus & Utica Shale Region and I‑79 Expansion Zone.
    • Over 1,700 linear feet of golf course frontage.
    • All utilities available, including public sewer.
    • No B&O taxes due to location outside city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Auto Parts Store Bar & Pub Bakery Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -80.035673
    Latitude
    39.6881963

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    FAQs

    What type of property is this?
    Agricultural land - Prime WV acreage, development potential.
    Where is this agricultural land located?
    The property is located at 455 Wades Run Rd Morgantown, WV.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 84.45-acre parcel at 455 Wades Run Road, Morgantown, WV, APN 3103001200400.; Unpermitted zoning allows for flexible development.; Conveniently located near I-79 exit 155 (approx. 3 miles), close to Marcellus & Utica Shale Region and I-79 Expansion Zone.
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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
    455 Wades Run Rd Morgantown, WV 26501
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