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Property profile & analytics
OFF-MARKET
Office buildings

430 Drummond St Morgantown, WV 26505-0576

1.14 ac lot
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US94-0023955
Property summary
AI-generated overview

This Class A, two-story office building at 430 Drummond Street in Morgantown, WV, offers 8,100 square feet of immediately available space across two suites. The building totals 12,000 square feet and features 40 parking spaces. One suite, located on the first floor, encompasses approximately 6,000 square feet and includes 15 private offices, a conference room, and a break room. The second-floor suite offers approximately 2,100 square feet with four private offices, a conference room, and a kitchenette. Both suites boast perimeter offices, providing excellent natural light. The building is situated in the heart of Suncrest, a highly desirable area with exceptional visibility along a major thoroughfare. Its proximity to West Virginia University's Health Sciences Center campus, Ruby Memorial Hospital, restaurants, and shopping centers makes it an ideal location for various businesses. The high daily traffic count of 32,493 vehicles at the nearby intersection further enhances its accessibility and visibility. Built in 2000, this property offers a minimum divisible space of 2,100 square feet. Up to one year of rent abatement may be available with a suitable lease term.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.14 ac (49,658 SF)
APN 31-15- 6-0018.0001
UPID US94-0023955
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
  • Matric Business Management Consultant
  • Mid-Atlantic Technology Research Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Suncrest Corp Center LLC · 9 yrs held
Suncrest Corp Center LLC
since 2017
1 recorded transaction
2017
$2.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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