2000 Hampton CtrMorgantown, WV 26505

Property Details for 2000 Hampton Ctr

Lot size

0.74 AC

Property type

Office properties

Property subtype

Office buildings

APN

31-08- 4K-0095.0000

APU

31084K00950000

Description

This exceptional 2,000 square foot office building presents a unique investment opportunity in the thriving city of Morgantown, West Virginia. Situated on a sizable 0.74-acre lot, this property offers ample space and potential for a variety of commercial uses. The building's generous footprint allows for flexible layouts to accommodate diverse business needs, from individual offices to open collaborative workspaces. Its prime location at 2000 Hampton Center ensures high visibility and easy access for clients and employees. The address offers convenient proximity to major transportation routes, enhancing accessibility and streamlining commutes. This property is priced competitively at $16 million, representing a significant value proposition in the current market. The substantial lot size also presents possibilities for future expansion or development, adding further appeal to this already attractive investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The building's current condition and any potential renovations required are to be determined by the prospective buyer through due diligence. All interested parties are advised to conduct thorough inspections and assessments before making an offer. This is a rare opportunity to acquire a well-situated and spacious office building in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $7,713,674

  6.5%

  $7,120,314

  7%

  $6,611,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,479,856

  Geo Method

  $6,479,856

• Alternative Use

  Use

  Valuation

  Residential

  $8,829,190

  Hospitality

  $8,087,490

  Educational

  $6,728,698

  Medical

  $6,960,108

  Retail

  $10,466,863

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6549

Longitude

-79.9382

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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