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    OFF-MARKET
    Land

    2005 Grafton Rd, Morgantown, WV 26508

    1264 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,264-acre property, known as "The Big Survey," presents a rare investment opportunity in Morgantown, West Virginia. Located just minutes from Morgantown's city limits and 1.7 miles from Interstate 68, this unzoned land boasts a secluded, scenic setting with year-round mountain views. The property features multiple fast-flowing streams, including Cobun Creek and Mountain Run, supporting healthy native aquatic species. An extensive road and ATV trail system provides easy access throughout the acreage. All surface and subsurface rights are included in the sale. The property's history includes exploration but no coal mining due to the significance of the waterways. Utilities are available. With elevations exceeding 1,800 feet, the views are unparalleled. This land offers diverse recreational possibilities and significant development potential, making it an ideal acquisition for outdoor enthusiasts or developers. The property's abundant wildlife, including deer, turkeys, black bears, and small game, further enhances its appeal. The APN is 31-05-0013-0104-0000. This is a truly unique opportunity to own a substantial piece of West Virginia's natural beauty. The asking price is $15,875,000.

    Property profile
    Verified
    Property type Land
    Lot 1264 ac (55,059,840 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
    Current use
    Occupant on record · Public records
    • Clinton District Library Public Library
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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