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Property profile & analytics
OFF-MARKET
Land

0 Cityview Dr Morgantown, WV 26501

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre commercial and industrial land parcel presents a unique investment opportunity within the highly visible Morgantown Industrial Park. Situated near the main park entrance, this fully fenced, level, and graveled lot offers unparalleled convenience and accessibility. Its strategic location provides direct access to vital transportation networks, including rail and water access, placing businesses within easy reach of major interstate highways. The property is conveniently located 2.2 miles from I-79, Exit 152, and 5.5 miles from the I-79/I-68 interchange, ensuring seamless connectivity for logistics and distribution. The Industrial Park boasts a high daily traffic count of 3,712 vehicles per day at the main entrance (WVDOH, 2014), providing excellent visibility and potential for high foot traffic. Importantly, this property is located outside Morgantown city limits, in an area without zoning restrictions, offering flexibility for a wide range of development possibilities. The asking price for this ready-to-develop lot is $277,500. This prime location, coupled with its exceptional features, makes this parcel an ideal choice for businesses seeking a strategic foothold in a thriving industrial area. The property's flat terrain and existing gravel surface further enhance its development potential, minimizing site preparation costs.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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