Property profile

0 Cobun Valley Ln Morgantown, WV 26508

OFF-MARKET
Land
34.09 ac lot
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Property summary

AI-generated overview

This exceptional 34.09-acre development site in Morgantown, West Virginia, presents a remarkable opportunity. Located off Cobun Valley Lane, this property enjoys convenient access to major transportation arteries, including Route 119 (3 miles) and I-68, Exit 1 (4.7 miles). Its strategic position south of thriving areas like University Town Centre, Gateway, and West Ridge, positions it for significant growth potential. The single, irregularly shaped parcel is largely open fields with some wooded areas, sloping gently towards the interstate. Offering elevated views of the surrounding landscape, this location outside city limits provides a unique blend of tranquility and accessibility. Proximity to a wealth of amenities is a key advantage, with nearby establishments including Walmart Supercenter, Monongalia County Ballpark, Hobby Lobby, Courtyard by Marriott, and Premier Chevrolet, Buick, GMC. The asking price for this prime residential development land is $975,000. The property's zoning and potential for multifamily development should be verified independently. This is an exceptional opportunity for developers seeking a high-visibility location with excellent access and stunning views. The property is located in Monongalia County, WV, zip code 26508.

Property profile

Verified
Property type Land
Lot 34.09 ac (1,484,960 SF)

Cap rate & NOI

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

Location

Cobun Valley Ln 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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