1700 Grafton RdMorgantown, WV 26508

  • Land
  • 13.71 AC
For Lease
$14/SF/YR View listing

Property Details for 1700 Grafton Rd

Lot size
13.71 AC
Property type
Land
Property subtype
Commercial land
APN
31-05- 13-0068.0000
APU
31051300680000

Description

This exceptional 12,000-square-foot industrial building, constructed in 2024, presents a prime opportunity in Morgantown, West Virginia. Situated on approximately 2.5 acres along Grafton Road, this property boasts convenient access to I-68 (Exit 1, 2.2 miles) and the I-68/I-79 interchange (2.8 miles). The building comprises five individual suites, each offering approximately 2,400 square feet of flexible space, ideal for manufacturing, flex, warehouse, or distribution uses. Four suites are currently available, with a minimum leasable area of 2,400 square feet and a maximum contiguous space of 9,600 square feet. Each suite includes a 14' x 14' overhead door, two man doors, an office, a restroom, and a utility closet. The building features a 20-foot ceiling height and five drive-in doors. Grafton Road sees a daily traffic count of 10,112 vehicles (2021 data from Kalibrate Technologies, Q4 2023). This single-story building offers a versatile and efficient layout, perfect for a variety of businesses seeking a strategic location with excellent accessibility. The property is zoned without specific zoning restrictions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $162,673,520
    Hospitality
    $149,008,064
    Educational
    $123,972,960
    Medical
    $128,236,584
    Retail
    $192,846,832
1700 Grafton Rd, Morgantown, West Virginia

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.5542
Longitude
-79.944
CBSA code
34060
CBSA name
MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,584
$215,100
-
$215,100
-
$358,500
-
$358,500

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