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Property profile & analytics
OFF-MARKET
Strip malls

3109 University Ave Morgantown, WV 26505-0382

0.5 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US94-1029939
Property summary
AI-generated overview

This exceptional 8,000 square foot commercial property, located at 3109 University Avenue in Morgantown, West Virginia, presents a significant investment opportunity. Situated on a generous 0.85-acre lot, the property offers ample space for a variety of commercial uses. The building's substantial size allows for flexible layouts to accommodate diverse business needs, from retail and office space to specialized commercial ventures. Its prime location on University Avenue ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The property's potential is further enhanced by its proximity to the vibrant Morgantown community, offering easy access to a diverse range of amenities and services. The asking price of $1,875,000 reflects the property's considerable size, strategic location, and the potential for substantial returns on investment. This is a rare opportunity to acquire a large-scale commercial property in a thriving West Virginia market. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to secure a prime commercial asset in a dynamic and growing area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 0.5 ac (21,693 SF)
APN 31-15- 7-0258.0000
UPID US94-1029939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Saigon Pho Kitchen Restaurant
  • Ruchi Priya Indian Kitchen Restaurant
  • Eastern Walk Restaurant
  • Emily Paff Physician
  • Allison Toffle Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
University Foods INC · 7 yrs held
University Foods INC
since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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