2000 Hampton Ctr Morgantown, WV 26505
- Office buildings
- 0.74 lot acres
Current Use by Public Records
- Gordon Allan Miller / Podiatrist
- Gordon A. Miller, DPM / Podiatrist
- E-Waste And Surplus Recycling / Recycling Center
- Meridian Dental Specialists / Dentist
- GPI / Greenman-Pedersen, Inc. / Engineering Consultant
Property Details for 2000 Hampton Ctr
- Lot size
- 0.74 lot acres
- Property type
- Office buildings
- APN
- 31-08- 4K-0095.0000
- APU
- 31084K00950000
Description
This exceptional 2,000 square foot office building presents a unique investment opportunity in the thriving city of Morgantown, West Virginia. Situated on a sizable 0.74-acre lot, this property offers ample space and potential for a variety of commercial uses. The building's generous footprint allows for flexible layouts to accommodate diverse business needs, from individual offices to open collaborative workspaces. Its prime location at 2000 Hampton Center ensures high visibility and easy access for clients and employees. The address offers convenient proximity to major transportation routes, enhancing accessibility and streamlining commutes. This property is priced competitively at $16 million, representing a significant value proposition in the current market. The substantial lot size also presents possibilities for future expansion or development, adding further appeal to this already attractive investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The building's current condition and any potential renovations required are to be determined by the prospective buyer through due diligence. All interested parties are advised to conduct thorough inspections and assessments before making an offer. This is a rare opportunity to acquire a well-situated and spacious office building in a dynamic and growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $370,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $410,000
- Mixed-Use
- $355,000
- Hospitality
- $370,000
- Educational
- $385,000
- Residential Income
- $350,000
- Energy
- $355,000
- Income-Based Land
- $455,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.9382
- Latitude
- 39.6549
- CBSA code
- 34060
- CBSA name
- MORGANTOWN, WV METROPOLITAN STATISTICAL AREA