Property profile

1386 Little Indian Crk Rd Morgantown, WV 26501

OFF-MARKET
Warehouses
Property ID
US94-0614776
4.49 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1386 Little Indian Creek Road in Morgantown, West Virginia, presents a unique investment opportunity. The expansive 4.5-acre lot offers significant potential for a variety of commercial ventures. The existing structure boasts a substantial 7,152 square feet of space, providing ample room for development or immediate occupancy. The property's location in Morgantown offers excellent access to transportation routes and a thriving local economy. The monthly lease rate is $4200. This versatile property is ideal for businesses seeking a prominent location with significant space and land. The existing building's layout and condition are open to further investigation and customization to suit a tenant's specific needs. Given the size of the lot and building, this property is well-suited for a range of uses, from warehousing and distribution to light manufacturing or retail. The property's potential is further enhanced by its strategic location within Morgantown, providing easy access to a diverse workforce and consumer base. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 4.49 ac (195,584 SF)
APN 31-07- 11-0009.0009
UPID US94-0614776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1386 Little Indian Crk Rd Morgantown, WV 26501-7716
Morgantown metro Census 11300 MORGANTOWN, WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2023
Last sale
$215,000
5 recorded transactions
2023
$215,000
2023
$220,000
2023
$200,000
2015
$210,000
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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