Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    595 Wades Run & Bowlby Rd Maidsville, WV 26501

    • Land
    • 68.17 lot acres
    For Sale
    View listing
    $695,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 595 Wades Run & Bowlby Rd

    Lot size
    68.17 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    Exceptional 68.17-acre commercial, industrial, and residential land parcel in Westover, West Virginia, is now available for $695,000. Located at 595 Wades Run & Bowlby Road (APN 32120020000), this expansive property offers significant development potential. Situated approximately 2-3 miles from I-79 exit 155 (Star City), it enjoys convenient access to major transportation routes. All utilities, including public sewage with ample capacity, are readily available on-site. The property is outside city limits and is unzoned, providing flexibility for a variety of uses. Potential applications include residential development, a mobile home park, a solar farm, or light industrial projects. The location near the Mountaineer Golf Course and the anticipated influx of manufacturing jobs in 2024 and 2025 further enhance its appeal. Directions from Star City Sheetz involve taking Route 19 North, turning right at Scott's Run Veteran Memorial, and proceeding approximately 1.5 miles to the property (which fronts both roads). Note that additional acreage, potentially exceeding 200 acres, may also be available. This presents a unique opportunity for investors and developers seeking a large-scale project in a rapidly growing area of West Virginia.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Maidsville
    County
    Monongalia
    State
    West Virginia
    Longitude
    -80.0234
    Latitude
    39.6978

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Cityview Dr

      Land • 1.50 Acres
      0 Cityview Dr, Morgantown, WV 26501
      View Details
    • Value Estimation by Request
      1.00 Acre

      - Pad 7 Morgantown Industrial Park

      Specialty properties • 1.00 Acre
      - Pad 7 Morgantown Industrial Park, Morgantown, WV 26501
      View Details
    • Value Estimation by Request
      1.80 Acres

      Morgantown Industrial Park

      Land • 1.80 Acres
      0 Morgantown Industrial Park, Morgantown, WV 26501
      View Details
    • Value Estimation by Request
      84.45 Acres

      455 Wades Run Rd

      Agricultural land • 84.45 Acres
      455 Wades Run Rd, Morgantown, WV 26501
      View Details
    • Value Estimation by Request
      6,816 SF

      18 Cleveland Ave

      Multifamily properties • 6,816 SF
      18 Cleveland Ave, Westover, WV 26501
      View Details
    • Value Estimation by Request
      48.74 Acres

      212 Brand Rd

      Land • 48.74 Acres
      212 Brand Rd, Cassville, WV 26501
      View Details

    Similar Nearby for Sale

    • $695,000
      68.17 Acres

      68-Acre WV Commercial Land

      Prime WV land, ideal for diverse development.
      595 Wades Run & Bowlby Rd, Maidsville, WV 26501
      View Details
    • Contact for pricing
      1.00 Acre

      Morgantown Industrial Pad 7

      8-Acre Industrial Development Site
      - Pad 7 Morgantown Industrial Park, Morgantown, WV 26501
      View Details
    • Contact for pricing
      1.80 Acres

      Morgantown Industrial Land

      Prime WV industrial land, various sizes
      0 Morgantown Industrial Park, Morgantown, WV 26501
      View Details
    • $850,000
      84.45 Acres

      Morgantown Land: 84 Acres

      Prime WV acreage, development potential.
      455 Wades Run Rd, Morgantown, WV 26501
      View Details
    • $375,000
      0.73 Acres

      Morgantown Commercial Land - 0.73 Acres

      Prime Morgantown business land, redevelopment opportunity.
      0 Nolan Ave, Morgantown, WV 26501
      View Details
    • $790,000
      84.45 Acres

      Residential Land Near Golf Course

      84.45 acres of land near I-79 and golf course.
      455 Wades Run Rd, Morgantown, WV 26501
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Prime Retail Space: Monongalia County

      3,500 SF Retail Space - Available Now
      1 University Town Centre Dr, Morgantown, WV 26501
      View Details
    • Contact for pricing
      89,448 SF

      Morgantown Office Space: Marina Tower

      Class A Office Space, Downtown Morgantown
      48 Donley St, Morgantown, WV 26501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    595 Wades Run & Bowlby Rd
    Maidsville, WV 26501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.