Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Kitchen & Bath Showroom
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Business Park
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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