Property profile

7 Chaplin Hl Rd Morgantown, WV 26501

OFF-MARKET
Retail properties & Spaces
2,383 SF 1.05 ac lot
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Property summary

AI-generated overview

This 2,383 square foot former bank building is situated on a 1.05-acre lot in Morgantown, West Virginia, at 7 Chaplin Hill Road. The single-story building features three covered drive-thru lanes totaling 1,188 square feet, ideal for various commercial uses. Its prime location offers excellent visibility from a signalized intersection and is conveniently located near I-79, Exit 155, approximately 0.1 miles away, placing it within the thriving University Town Centre, a major shopping destination in Greater Morgantown. The property boasts off-street parking and a vault, adding to its versatility. The asking price is $2,125,000. The current tenant will require a 120-day vacancy period post-closing. The high-traffic area along US Highway 19 sees 40,552 vehicles daily (2021 data from Kalibrate Technologies). West Virginia University's main campus and downtown Morgantown are a short 3.5-mile drive. The property is zoned for office and retail use. This presents a unique opportunity for investors seeking a high-visibility commercial property in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,383 SF
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

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

Location

7 Chaplin Hl Rd Morgantown, WV 26501
Morgantown metro
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Value estimations

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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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