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    1700 Grafton Rd Morgantown, WV 26508

    Sponsored
    For Lease
    $14 SF/Yr ($14,000 /Mo)

    Modern Morgantown industrial space, 2,400-9,600 SF.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot industrial building, constructed in 2024, presents a prime opportunity in Morgantown, West Virginia. Situated on approximately 2.5 acres along Grafton Road, this property boasts convenient access to I-68 (Exit 1, 2.2 miles) and the I-68/I-79 interchange (2.8 miles). The building comprises five individual suites, each offering approximately 2,400 square feet of flexible space, ideal for manufacturing, flex, warehouse, or distribution uses. Four suites are currently available, with a minimum leasable area of 2,400 square feet and a maximum contiguous space of 9,600 square feet. Each suite includes a 14' x 14' overhead door, two man doors, an office, a restroom, and a utility closet. The building features a 20-foot ceiling height and five drive-in doors. Grafton Road sees a daily traffic count of 10,112 vehicles (2021 data from Kalibrate Technologies, Q4 2023). This single-story building offers a versatile and efficient layout, perfect for a variety of businesses seeking a strategic location with excellent accessibility. The property is zoned without specific zoning restrictions.

    Property Features for 1700 Grafton Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    14000

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Bay 1
    Size
    12,000 SF
    Rate per SF
    $14
    Space
    Bay 2
    Size
    12,000 SF
    Rate per SF
    $14
    Space
    Bay 3
    Size
    12,000 SF
    Rate per SF
    $14
    Space
    Bay 5
    Size
    12,000 SF
    Rate per SF
    $14

    HighLights

    • 14' x 14' overhead doors.
    • Secure storage yard.
    • Excellent interstate access (2.2 miles to I‑68 Exit 1).
    • Each suite includes a restroom and office.
    • 20' ceiling height.
    • At least two parking spaces per suite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Storage Facility Garden Center Computer & Electronic Repair Bakery Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.9440149
    Latitude
    39.5542159

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    FAQs

    What type of property is this?
    Distribution property - Modern Morgantown industrial space, 2,400-9,600 SF.
    Where is this distribution property located?
    The property is located at 1700 Grafton Rd Morgantown, WV.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 14' x 14' overhead doors.; Secure storage yard.; Excellent interstate access (2.2 miles to I-68 Exit 1).
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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
    1700 Grafton Rd Morgantown, WV 26508
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