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Property profile & analytics
OFF-MARKET
Office Spaces

705 Grn Bag Rd Morgantown, WV 26501

3,020 SF 0.06 ac lot Built 2009
Property ID
Property summary
AI-generated overview

This two-story, 3,020 square foot office building in Morgantown, West Virginia, presents a compelling owner-user or investment opportunity. Built in 2009, the property features twelve parking spaces and sits on a 0.06-acre lot. Currently configured as executive, medical, and traditional office space, it offers significant flexibility. The building enjoys a prominent location with high daily traffic counts on Greenbag Road, and is conveniently situated near I-68, Exit 4, and downtown Morgantown, including West Virginia University's main campus. Numerous national retailers are within close proximity, enhancing the property's appeal and accessibility. A fifteen-year leaseback agreement with an existing tenant provides immediate and long-term income stability, complemented by annual escalations. This turnkey investment offers a blend of convenience, strong location, and secure financial returns. The property is located outside the city limits of Morgantown, in Monongalia County, West Virginia, zip code 26501. The asking price is $775,000.

Property profile
Verified
Property type Office Spaces
Year built 2009
Total area 3,020 SF
Lot 0.06 ac (2,614 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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