2050 Cityview Dr, Morgantown, WV 26505
For Sale
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This exceptional 5.6-acre industrial development site, Pad 3, is situated within the highly visible Morgantown Industrial Park in Monongalia County, West Virginia, at 2050 City View Dr, Morgantown, WV 26505. Located near the southern end of the park, approximately 1.2 miles from the main entrance, this property offers significant potential for various commercial, flex, and warehouse uses. Currently accessed via a shared gravel drive with an existing business, the site boasts a minimum usable area of approximately 4 acres, with subdivision options available. A road maintenance agreement is in place, with monthly assessments based on road usage. While sidewalks and streetlights are not currently present, water, sewer, electric, and gas utilities are available from the city, requiring extension to the site. The park enjoys excellent access to major transportation arteries, including I-79 (2.2 miles from Exit 152) and the I-79/I-68 interchange (5.5 miles), as well as rail and water transportation within a few miles. The location benefits from a daily traffic count of 3,712 vehicles at the main park entrance (WVDOH, 2014). The absence of zoning restrictions provides considerable flexibility for development. The asking price for this prime property is $800,000. Lease options may also be available.
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Kitchens and Baths By Design Hardware & Home Improvement Kitchen & Bath Showroom
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Morgantown Industrial Park Business Park
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North Central West Virginia Home Builders Association Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.