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Property profile & analytics
FOR SALE
Commercial land

337 Patteson Dr Morgantown, WV 26505

Property ID
US94-0142045
Property summary
AI-generated overview

337 Patteson Dr.-A Rare commercial redevelopment opportunity in Morgantown’s highly desirable area along WV Route 705 (Patteson Drive). Located across from the WVU Campus, this is the region’s primary corridor for 2 major hospitals, Milan Puskar Stadium, the WVU Coliseum, all within the Highest Density area for housing & employment in the region. The property is a corner lot Zoned B-2 (General Business) for a single user commercial or retail user. Surrounded by strong national retailers such as Chick-fil-A, Panera Bread, Taco Bell, Wendy’s, Burger King, Arby’s, Eat’n Park, and Kroger, the property benefits from strong traffic counts and established consumer demand. This is one of the last remaining development opportunities along this corridor, with value primarily in the land for redevelopment. Adjoining property is available for a larger site. Contact listing agent details.

Property profile
Verified
Property type Commercial land
UPID US94-0142045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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