828 Fairmont Rd, Westover, WV 26501-3813
This exceptional 1.32-acre commercial property at 828 Fairmont Road, Morgantown, West Virginia, presents a remarkable development opportunity. Previously occupied by a grocery store, this cleared site is fully prepared for construction, boasting all essential utilities already in place. The property offers 155 shared parking spaces, conveniently located alongside a new Dollar Tree currently under development. Its strategic location provides unparalleled access to major transportation arteries, including proximity to I-79 (less than half a mile) and I-68 (2 miles), as well as the expanding University Town Center. This high-traffic area ensures excellent visibility and accessibility for any commercial venture. The site's versatility allows for a wide range of development possibilities, including retail, dining establishments, office space, or mixed-use projects. The asking price for this exceptional property is $1,525,000. The property is vacant and zoned for commercial use. The lot size is 1.32 acres, and the address is 828 Fairmont Rd, Morgantown, WV 26501. This is a truly unique opportunity to capitalize on a prime location in a thriving West Virginia market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.