Chaplin Hl Rd Morgantown, WV 26505
- Land
- 4.55 lot acres
Current Use by Public Records
- Land
Property Details for 0 Chaplin Hl Rd
- Lot size
- 4.55 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.9473
- Latitude
- 39.6528
