425 Industrial AveStar City, WV 26505

Property Details for 425 Industrial Ave

Lot size

0.51 AC

Property type

Office buildings

APN

31-17- 2-0006.0000

APU

3117200060000

Description

This exceptional flex space property at 425 Industrial Ave in Morgantown, West Virginia, offers a unique blend of office and industrial functionality. The single-tenant building boasts a total of 14,000 square feet, with 2,728 square feet currently available. Built in 1980, this Class B property features one building spread across two stories, providing ample space for a variety of business needs. The property sits on one acre of land and includes one loading dock for convenient shipping and receiving. Its strategic location offers unparalleled convenience, situated just 1.5 miles from I-79, providing easy access to major transportation routes. Furthermore, the property is minutes away from the WVU Coliseum, Evansdale Campus, and Downtown Morgantown, making it ideal for businesses serving the university community or the broader city. Adding to its appeal, the building houses a Terra Café, offering convenient on-site dining options. Enjoy direct access to the Caperton Trail and the Mon River, providing employees with recreational opportunities and a pleasant work environment. This is a rare opportunity to secure a well-located, versatile property in a thriving West Virginia market. The zip code is 26505.

• CAP approach

  CAP return

  Valuation

  6%

  $5,287,636

  6.5%

  $4,880,894

  7%

  $4,532,259

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,441,867

  Geo Method

  $4,441,867

• Alternative Use

  Use

  Valuation

  Residential

  $6,052,309

  Hospitality

  $5,543,882

  Educational

  $4,612,446

  Medical

  $4,771,074

  Retail

  $7,174,915

Location Insight

City

Star City

County

Monongalia

State

West Virginia

Latitude

39.6603

Longitude

-79.9899

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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