Property profile

2005 Grafton Rd Morgantown, WV 26508

OFF-MARKET
Land
1264 ac lot
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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

Current use

Occupant on record · Public records
  • Public Library

Location

2005 Grafton Rd 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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