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    OFF-MARKET
    Commercial real estate

    386 Fairchance Rd, Morgantown, WV 26508

    4.44 ac lot
    Property ID
    US94-0465024
    Property summary
    AI-generated overview

    This 4.44-acre parcel is located in Morgantown, West Virginia, at 386 Fairchance Rd, 26508. Situated off Route 857 (Fairchance Road), it offers convenient access to Route 43 (0.4 miles), I-68 (1.2 miles), and the I-68/I-79 interchange (11 miles). The property boasts excellent visibility from the main roadway and is conveniently located near Cheat Lake, Cheat Landing Development, downtown Morgantown, and area hospitals. Currently zoned without specific restrictions, this undeveloped land presents a unique opportunity for mixed-use development. The topography is flat to gently rolling. While a small dwelling currently sits on the property, the land is primarily suited for commercial or residential projects. The property's proximity to major roadways and amenities makes it an attractive investment with high potential for future growth. This expansive lot offers significant development possibilities, combining the advantages of a rural setting with easy access to urban conveniences. The property is outside city limits.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.44 ac (193,406 SF)
    UPID US94-0465024
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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