223 Everhart DrMorgantown, WV 26508

Property Details for 223 Everhart Dr

Lot size

1.17 AC

Property type

Office buildings

APN

31-18- 12-0009.0011

APU

31181200090011

Description

This exceptional Morgantown, WV office building at 223 Everhart Drive, situated within the Ridgeview Business Park, presents a unique opportunity. The property boasts a total of 16,800 square feet across three floors, with 7,200 square feet currently available for lease. The building's versatile layout caters to various business needs, offering a mix of private offices, spacious conference rooms, and open areas ideal for cubicles. High-end furniture is included as part of the lease. The single-tenant occupancy provides a private and secure environment for your business. The 1.17-acre lot provides ample space, complemented by 40+ parking spaces for employees and clients. The building is equipped with 3-phase power, ensuring sufficient capacity for modern business operations. This prime location in Morgantown, WV, zip code 26508, offers easy access to major transportation routes and local amenities. The property is classified as Office, with subtypes including Coworking, Creative Office, Professional, and Traditional, making it suitable for a wide range of businesses. Don't miss this chance to secure a well-appointed and strategically located office space in a thriving business park.

• CAP approach

  CAP return

  Valuation

  6%

  $12,130,192

  6.5%

  $11,197,101

  7%

  $10,397,308

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,189,942

  Geo Method

  $10,189,942

• Alternative Use

  Use

  Valuation

  Residential

  $13,884,405

  Hospitality

  $12,718,040

  Educational

  $10,581,260

  Medical

  $10,945,166

  Retail

  $16,459,738

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6864

Longitude

-79.9221

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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