For Sale
$4,995,000

Chaplin Hl Rd Morgantown, WV 26505

4.55-Acre Site, Prime Location, No Zoning

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 4.55-acre commercial land parcel presents a unique development opportunity in Morgantown, West Virginia. Strategically located at the entrance to the University Town Center, this mostly level site boasts high traffic visibility and accessibility. All utilities are readily available, making it ideal for a variety of commercial ventures. The property's location outside city limits offers significant tax advantages, eliminating zoning restrictions and B&O taxes. This translates to substantial cost savings for developers. The site is well-suited for a diverse range of uses, including hotels, restaurants, retail establishments, and fast-food chains. Its prime location within the University Town Center ensures high foot traffic and visibility, maximizing potential returns on investment. Further enhancing its appeal, this property is situated within an SBA-HUB Zone and a West Virginia Tax Incentive TIF District, providing additional financial incentives for qualified developers. This exceptional combination of location, size, utility access, and tax benefits makes this 4.55-acre parcel an unparalleled investment opportunity. The asking price is $4,995,000.

Highlights

  • 4.55-acre commercial land parcel in Morgantown, WV.
  • Located at the entrance to University Town Center with high visibility and accessibility.
  • All utilities available, ideal for various commercial uses.
  • Outside city limits, offering tax advantages (no zoning restrictions or B&O taxes).
  • Situated in an SBA-HUB Zone and WV Tax Incentive TIF District, providing additional financial incentives.
  • Asking price: $4,995,000.

Property Details for 0 Chaplin Hl Rd

Property type
Land
Lot Size (sq. ft)
198,198 SF

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.6527963
Longitude
-79.9472502

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FAQs

What type of property is this?
Land - 4.55-Acre Site, Prime Location, No Zoning
Where is the land located?
The property is located at Chaplin Hl Rd Morgantown, WV.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 4.55-acre commercial land parcel in Morgantown, WV.; Located at the entrance to University Town Center with high visibility and accessibility.; All utilities available, ideal for various commercial uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Kay Michael Alexander
Kay Michael Alexander
Visit Broker Website

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Chaplin Hl Rd
Morgantown, WV 26505

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Morgantown, WV 26505

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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0 Chaplin Hl Rd
  • Kay Michael Alexander
    Kay Michael Alexander
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