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    Morgantown Mayfield Rd Morgantown, WV 26508

    For Sale
    $270,000

    5.21 Acres Residential Land, Morgantown WV

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5.21-acre residential lot presents a unique opportunity to build your dream home in a serene, yet conveniently located setting. Situated on Mayfield Road in Morgantown, West Virginia, this property offers a peaceful escape while remaining just 15 minutes from the city's amenities. The lot is zoned for residential use and boasts city water, electric, and gas availability, simplifying the construction process. Enjoy the tranquility of a country setting surrounded by estate homes, with easy access to extensive West Virginia state game lands perfect for hiking and hunting enthusiasts. Nearby attractions also include botanical gardens, providing a blend of outdoor recreation and natural beauty. The property's generous 5.21 acres provide ample space for a substantial home and landscaping, ensuring privacy and room to create your ideal living environment. The address is Mayfield Road, Morgantown, WV 26508, located in Monongalia County. This is a remarkable opportunity to own a significant piece of land in a desirable location. The asking price is $270,000.

    Property Features for Morgantown Mayfield Rd

    General Information

    Property type
    Land
    Lot Size
    226,948 SF

    HighLights

    • 5.21‑acre residential lot in Morgantown, WV.
    • Located on Mayfield Road, Monongalia County, WV 26508.
    • Zoned residential with city water, electric, and gas available.
    • 15‑minute proximity to Morgantown amenities.
    • $270,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.8571299
    Latitude
    39.605821

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    FAQs

    What type of property is this?
    Land - 5.21 Acres Residential Land, Morgantown WV
    Where is this land located?
    The property is located at Morgantown Mayfield Rd Morgantown, WV.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: 5.21-acre residential lot in Morgantown, WV.; Located on Mayfield Road, Monongalia County, WV 26508.; Zoned residential with city water, electric, and gas available.
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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
    Morgantown Mayfield Rd Morgantown, WV 26508
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