1037 Valley View Ave Morgantown, WV 26505
- Commercial real estate
- 0.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1037 Valley View Ave
- Lot size
- 0.93 lot acres
- Property type
- Commercial real estate
- APN
- 3108004E00110000
Description
This exceptional 0.93-acre parcel, located at 1037 Valley View Ave in Morgantown, West Virginia (zip code 26505, APN 3108004E00110000), presents a prime opportunity for multifamily development. Zoned for multifamily use, this relatively level lot offers convenient access to essential utilities. Its strategic location places it within walking distance of major hospitals, the stadium, shopping centers, and West Virginia University (WVU), making it highly attractive to potential residents. The asking price for this exceptional property is $650,000. The property's proximity to WVU, hospitals, and the stadium ensures high occupancy rates and strong rental demand. The site's size and zoning allow for the construction of apartments or townhouses, catering to a diverse range of potential tenants. This is a rare opportunity to acquire a well-situated, multifamily development site in a thriving West Virginia community. The property is situated in Monongalia County and is outside the city limits. This land offers significant potential for investors seeking a high-return multifamily development project in a desirable location.
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
- -79.94838705658
- Latitude
- 39.650890455952
