Property summary
This exceptional 4.55-acre commercial land parcel presents a unique development opportunity in Morgantown, West Virginia. Strategically located at the entrance to the University Town Center, this mostly level site boasts high traffic visibility and accessibility. All utilities are readily available, making it ideal for a variety of commercial ventures. The property's location outside city limits offers significant tax advantages, eliminating zoning restrictions and B&O taxes. This translates to substantial cost savings for developers. The site is well-suited for a diverse range of uses, including hotels, restaurants, retail establishments, and fast-food chains. Its prime location within the University Town Center ensures high foot traffic and visibility, maximizing potential returns on investment. Further enhancing its appeal, this property is situated within an SBA-HUB Zone and a West Virginia Tax Incentive TIF District, providing additional financial incentives for qualified developers. This exceptional combination of location, size, utility access, and tax benefits makes this 4.55-acre parcel an unparalleled investment opportunity. The asking price is $4,995,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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