Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    967 Grafton Rd Morgantown, WV 26508

    For Sale
    $1,975,000

    37+ Acres, Prime WV Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 37.806-acre commercial land parcel in Morgantown, West Virginia, presents a remarkable development opportunity. Located at 967 Grafton Road, this property boasts excellent visibility and accessibility due to its frontage on Route 119, with a daily traffic count of 10,112 vehicles (2021 data). The land comprises four parcels and includes two existing residential structures and flexible storage/garage facilities. Its strategic location offers quick and easy access to I-68, Exit 1, and is only two miles from the I-68/I-79 interchange, ensuring convenient connectivity. The terrain features a mix of cleared and wooded areas with sloping hills. The property is zoned as "No Zoning," providing flexibility for various development plans. Surrounded by residential properties, this site presents significant potential for a range of commercial ventures, benefiting from its proximity to numerous amenities. The asking price for this expansive and strategically located land is $1,975,000. Detailed traffic data is sourced from ©2023 Kalibrate Technologies (Q4 2023). The property's address is 967 Grafton Rd, Morgantown, WV 26508.

    Property Features for 967 Grafton Rd

    General Information

    Property type
    Land
    Lot Size
    1,646,829 SF

    HighLights

    • 37.806‑acre commercial land parcel in Morgantown, WV, offering significant development potential.
    • High‑traffic location on Route 119 (10,112 VPD, 2021 data), providing excellent visibility and accessibility.
    • Convenient access to I‑68, Exit 1, and the I‑68/I‑79 interchange.
    • Includes two existing residential structures and storage/garage facilities.
    • Priced at $1,975,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.94888572
    Latitude
    39.57516504

    Nearby Similar for Sale

    • $1,500,000
      4,070 SF

      Premium Freestanding Office Building

      Well-maintained medical office building in Cheat Lake area.
      2199 Cheat Rd, Morgantown, WV 26508
      View Details
    • $2,250,000
      20,000 SF

      Morgantown Investment Property For Sale

      Mixed-use property featuring warehouse, self-storage, and parking spaces.
      100 Bethel Rd, Morgantown, WV 26501
      View Details
    • $1,695,000
      12,477 SF

      Historic Mixed-Use Wharf District Property

      Fully leased mixed-use property with restaurant and apartments in Morgantown.
      156 Clay St, Morgantown, WV 26501
      View Details
    • $1,850,000
      10,296 SF

      Fully Leased Morgantown Office Building

      Exceptional commercial office building in Cheat Lake, fully leased.
      230-270 Lakewood Ctr, Morgantown, WV 26508
      View Details
    • $575,000
      7,392 SF

      Historic Mixed-Use Building in Morgantown

      Historic building with retail space and remodeled apartments in downtown.
      220-222 Pleasant St, Morgantown, WV 26505
      View Details
    • $250,000
      4,400 SF

      Versatile Building in Morgantown, WV

      4400 sqft building on just under 1 acre.
      2889 Grafton Rd, Morgantown, WV 26508
      View Details

    FAQs

    What type of property is this?
    Land - 37+ Acres, Prime WV Location
    Where is this land located?
    The property is located at 967 Grafton Rd Morgantown, WV.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: 37.806-acre commercial land parcel in Morgantown, WV, offering significant development potential.; High-traffic location on Route 119 (10,112 VPD, 2021 data), providing excellent visibility and accessibility.; Convenient access to I-68, Exit 1, and the I-68/I-79 interchange.
    Request Owner's contact information
    967 Grafton Rd Morgantown, WV 26508
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    967 Grafton Rd
    Morgantown, WV 26508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    967 Grafton Rd Morgantown, WV 26508
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.