Property profile

274 Spruce St Morgantown, WV 26505

FOR LEASE
Office buildings
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Property ID
US94-0200444
0.07 ac
Last sale Oct 2025·$320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A two-story mixed-use building with approximately 5,928 total square feet, configured as roughly 2,964 square feet per floor. The building combines professional commercial space with residential apartments within the same structure, creating dedicated workplace and residential components. The property is located at 274 Spruce Street in downtown Morgantown, West Virginia. The apartments are arranged for lease use, with each unit subject to a one-year lease term.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$264k
Assessed land$75k
Assessed improvement$189k
Effective rate2.63%

Value estimate

· Nov 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$16k
Operating expenses−$14k
NOI · 1,529.78% cap applied$41k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,529.78%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONONGALIA

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.7
Garden Center9.5
Tailor Shop9.5

Location

274 Spruce St Morgantown, WV 26505
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7000 Hampton Ctr, Morgantown, WV 26505-0645 $2,550,000 Aug 2025 No data
425 Industrial Ave, Star City, WV 26505-0347 $1,600,000 Jul 2025 No data
992 Elmer Prince, Morgantown, WV 26505-3997 $3,714,800 Dec 2024 No data
3584 Collins Fry, Morgantown, WV 26505 $1,924,000 Aug 2024 1,836 SF
1401 Saratoga, Morgantown, WV 26505-3115 $900,000 Dec 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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