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5000 Hampton Ctr Morgantown, WV 26505-0646

OFF-MARKET Office buildings Google Maps
0.59 ac lot
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US94-1024587

Property summary

AI-generated overview

This two-story, 8,021 square foot medical office building in Morgantown, West Virginia, is strategically located at the intersection of Route 705 and Stewartstown Road, boasting excellent visibility and ample parking. Currently housing Jarrett Construction, Premier Mortgage, and a dental practice, the building offers 7,146 leasable square feet, with 2,950 square feet available for lease on the first floor. The property benefits from high daily traffic counts on both Route 705 (28,178 vehicles) and Stewartstown Road (3,597 vehicles) (WVDOH, 2014 data). Its convenient location offers easy access to Suncrest Towne Centre, downtown Morgantown, Interstate 79, hospitals, restaurants, and shopping. The building is situated 2.7 miles from I-68, Exit 7, and 2.2 miles from West Virginia University's main campus. Post and panel signage opportunities further enhance its marketing potential. This property presents a compelling investment opportunity due to its prime location, existing tenancy, and significant leasable space. The asking price is $950,000, with a price per square foot of $118.44.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.59 ac (25,700 SF)
APN 31-08- 4K-0092.0000
UPID US94-1024587

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Loan Service Bank
  • Production Facility Factory
  • Home Inspector
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2006
2 recorded transactions
2006
$950,000
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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