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    Grant Ave Morgantown, WV 26505

    Sponsored
    For Sale
    $1,800,000

    0.84-acre land, prime student housing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.84-acre land parcel presents a remarkable development opportunity in Morgantown, West Virginia. Located on Grant Avenue, this property is ideally situated for student housing, boasting proximity to West Virginia University's main campus, the Walnut Street PRT, and a wealth of shopping and dining options. The site comprises nine contiguous parcels, offering flexibility to purchase the entire acreage or individual lots. All customary public utilities, including water and sewer, are readily available. Its strategic location offers unparalleled convenience, with easy access to major roadways including I-79 (Exit 155), I-68 (Exit 1), and I-68 (Exit 7), all within a five-mile radius. The property is zoned R-3 Residential, making it perfectly suited for a variety of residential development projects. This is a rare chance to acquire a highly desirable piece of land in a thriving university town, offering significant potential for investors and developers alike. The asking price is $1,800,000. The property is located within the city limits of Morgantown, Monongalia County, WV, 26505.

    Property Features for 0 Grant Ave

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • All utilities available on‑site.
    • Contiguous land parcel.
    • Walking distance to West Virginia University's main campus.
    • Excellent proximity to numerous amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.95878389
    Latitude
    39.64134138

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    FAQs

    What type of property is this?
    Land - 0.84-acre land, prime student housing
    Where is this land located?
    The property is located at Grant Ave Morgantown, WV.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: All utilities available on-site.; Contiguous land parcel.; Walking distance to West Virginia University's main campus.
    Request Owner's contact information
    Grant Ave Morgantown, WV 26505
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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
    Grant Ave Morgantown, WV 26505
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