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    - Pad 7 Morgantown Industrial Park Morgantown, WV 26501

    Sponsored
    For Sale
    Contact for pricing

    8-Acre Industrial Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 8-acre industrial development site, Pad 7, is located in Morgantown Industrial Park, Phase I, in Monongalia County, West Virginia (zip code 26501). The property offers a flat, usable area of 8 acres, previously used for pipeline equipment storage. Situated near the southern end of the park, approximately 1.4 miles from the main entrance, access is currently via a right turn off the main road before Phase II. The site benefits from its location within a highly visible business/industrial development, offering convenient access to major transportation arteries including I-79 (Exit 152, 2.2 miles away) and the I-79/I-68 interchange (5.5 miles away). The park also provides access to rail and water transportation. The property is outside Morgantown city limits, eliminating zoning restrictions. The daily traffic count at the main park entrance is 3,712 vehicles (WVDOH, 2014). Subdivision options are available, and the price is negotiable. Lease options may also be considered. This prime location presents a unique opportunity for industrial development or mixed-use projects. The property is conveniently located off River Road or WV Route 45, forming Dupont Road just south of the site.

    Property Features for - Pad 7 Morgantown Industrial Park

    General Information

    Property type
    Specialty properties
    Lot Size
    43,560 SF

    HighLights

    • No zoning restrictions.
    • 8‑acre flat pad.
    • 8‑acre site, subdividable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -79.9772206
    Latitude
    39.6099308

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    FAQs

    What type of property is this?
    Specialty property - 8-Acre Industrial Development Site
    Where is this specialty property located?
    The property is located at - Pad 7 Morgantown Industrial Park Morgantown, WV.
    What are key features of this property?
    This property features: No zoning restrictions.; 8-acre flat pad.; 8-acre site, subdividable.
    Request Owner's contact information
    - Pad 7 Morgantown Industrial Park Morgantown, WV 26501
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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
    - Pad 7 Morgantown Industrial Park Morgantown, WV 26501
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