Property profile

0 Old Cheat Rd Morgantown, WV 26508

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

This exceptional 2.907+/- acre commercial property in Morgantown, West Virginia, presents a unique investment opportunity. Located on Old Cheat Road, this expansive parcel boasts significant road frontage and offers unparalleled flexibility due to its lack of zoning restrictions. The property's strategic location places it within a mile of both Interstate 68 and the Morgantown Municipal Airport, providing exceptional accessibility and visibility. The land is remarkably flat, a rare find in Morgantown, making it ideal for a wide range of commercial, industrial, retail, or multi-use developments. Currently featuring a detached home, the primary value lies in the substantial land itself. This prime location, combined with the absence of zoning limitations, allows for virtually limitless development potential, making it an attractive proposition for investors seeking a high-impact project in a rapidly growing area. The three parcels comprising this property are situated in Monongalia County, West Virginia, with the address listed as Old Cheat Road, Morgantown, WV 26508. The asking price for this exceptional opportunity is $1,590,000.

Property profile

Verified
Property type Mixed-use properties

Cap rate & NOI

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

Location

Old Cheat Rd Morgantown, WV 26508
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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