2050 Cityview DrMorgantown, WV 26505

Property Details for 2050 Cityview Dr

Lot size

2.04 AC

Property type

Warehouses

APN

31-07- 13F-0001.0003

APU

310713F00010003

Description

This exceptional 5.6-acre industrial development site, Pad 3, is situated within the highly visible Morgantown Industrial Park in Monongalia County, West Virginia, at 2050 City View Dr, Morgantown, WV 26505. Located near the southern end of the park, approximately 1.2 miles from the main entrance, this property offers significant potential for various commercial, flex, and warehouse uses. Currently accessed via a shared gravel drive with an existing business, the site boasts a minimum usable area of approximately 4 acres, with subdivision options available. A road maintenance agreement is in place, with monthly assessments based on road usage. While sidewalks and streetlights are not currently present, water, sewer, electric, and gas utilities are available from the city, requiring extension to the site. The park enjoys excellent access to major transportation arteries, including I-79 (2.2 miles from Exit 152) and the I-79/I-68 interchange (5.5 miles), as well as rail and water transportation within a few miles. The location benefits from a daily traffic count of 3,712 vehicles at the main park entrance (WVDOH, 2014). The absence of zoning restrictions provides considerable flexibility for development. The asking price for this prime property is $800,000. Lease options may also be available.

• Alternative Use

  Use

  Valuation

  Residential

  $24,208,692

  Hospitality

  $22,175,032

  Educational

  $18,449,366

  Medical

  $19,083,868

  Retail

  $28,699,014

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6149

Longitude

-79.9767

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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