Property profile

0 Grant Ave Morgantown, WV 26505

OFF-MARKET
Land
0.84 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 0.84 ac (36,590 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grant Ave Morgantown, WV 26505
Morgantown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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