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    Property profile & analytics

    828 Fairmont Rd Morgantown, WV 26501

    • Grocery and convenience stores
    • 0.23 lot acres
    For Sale
    View listing
    $1,525,000
    Value Estimation
    Last Sale
    Jan 27, 2025
    Location Intelligence
    Property ID
    US94-0434794
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 828 Fairmont Rd

    Lot size
    0.23 lot acres
    Property type
    Grocery and convenience stores
    APN
    31-19- 8-0274.0000
    APU
    3119802740000

    Description

    This exceptional 1.32-acre commercial property at 828 Fairmont Road, Morgantown, West Virginia, presents a remarkable development opportunity. Previously occupied by a grocery store, this cleared site is fully prepared for construction, boasting all essential utilities already in place. The property offers 155 shared parking spaces, conveniently located alongside a new Dollar Tree currently under development. Its strategic location provides unparalleled access to major transportation arteries, including proximity to I-79 (less than half a mile) and I-68 (2 miles), as well as the expanding University Town Center. This high-traffic area ensures excellent visibility and accessibility for any commercial venture. The site's versatility allows for a wide range of development possibilities, including retail, dining establishments, office space, or mixed-use projects. The asking price for this exceptional property is $1,525,000. The property is vacant and zoned for commercial use. The lot size is 1.32 acres, and the address is 828 Fairmont Rd, Morgantown, WV 26501. This is a truly unique opportunity to capitalize on a prime location in a thriving West Virginia market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $380,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $405,000
      Mixed-Use
      $370,000
      Hospitality
      $370,000
      Educational
      $475,000
      Residential Income
      $475,000
      Energy
      $395,000
      Income-Based Land
      $455,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Westover
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.9823
    Latitude
    39.6328
    CBSA code
    34060
    CBSA name
    MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,372
    $36,720
    $287,400
    $324,120
    -
    $61,200
    $479,000
    $540,200

    Comparable in this City

    • Value Estimation by Request
      10.07 Acres

      208 Giant St

      GROCERY, SUPERMARKET • 10.07 Acres
      208 Giant St, Morgantown, WV 26501-2440
      View Details
    • Value Estimation
      $295,000
      0.96 Acres

      552 Dunkard Ave

      CONVENIENCE STORE • 0.96 Acres
      552 Dunkard Ave, Morgantown, WV 26501-4116
      View Details
    • Value Estimation
      $365,000
      1.49 Acres

      991 Fairmont Rd

      CONVENIENCE STORE • 1.49 Acres
      991 Fairmont Rd, Morgantown, WV 26501-2234
      View Details
    • Value Estimation by Request
      5.86 Acres

      Greenbag Rd

      GROCERY, SUPERMARKET • 5.86 Acres
      Greenbag Rd, Morgantown, WV 26501
      View Details
    • Value Estimation
      $1,295,000
      1.86 Acres

      245 Don Knotts Blvd

      GROCERY, SUPERMARKET • 1.86 Acres
      245 Don Knotts Blvd, Morgantown, WV 26501-6737
      View Details
    • Value Estimation
      $2,590,000
      1,920 SF

      170 Holland Ave

      CONVENIENCE STORE • 1,920 SF
      170 Holland Ave, Morgantown, WV 26501-4355
      View Details

    Similar Nearby for Sale

    • $1,525,000
      1.32 Acres

      Morgantown Commercial Land

      Prime 1.32-acre retail development site.
      828 Fairmont Rd, Morgantown, WV 26501
      View Details
    • Contact for pricing
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      Turn-key restaurant space or adaptable for retail/service use.
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    • $475,000
      12,292 SF

      Westover Mixed-Use Investment Opportunity

      Mixed-use property with apartments and commercial spaces in Westover.
      1-9 Ohio Ave, Westover, WV 26501
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    • $745,000
      6,400 SF

      Downtown Morgantown Car Wash

      High-traffic location, prime for redevelopment.
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    • $1,695,000
      12,477 SF

      Historic Mixed-Use Wharf District Property

      Fully leased mixed-use property with restaurant and apartments in Morgantown.
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    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Prime Retail Space: Monongalia County

      3,500 SF Retail Space - Available Now
      1 University Town Centre Dr, Morgantown, WV 26501
      View Details
    • Contact for pricing
      89,448 SF

      Morgantown Office Space: Marina Tower

      Class A Office Space, Downtown Morgantown
      48 Donley St, Morgantown, WV 26501
      View Details
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    Morgantown, WV 26501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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