1386 Little Indian Creek RdMorgantown, WV 26501

  • Warehouses
  • 4.49 AC
For Sale
$4,200 View listing

Property Details for 1386 Little Indian Creek Rd

Lot size
4.49 AC
Property type
Warehouses
APN
31-07- 11-0009.0009
APU
31071100090009

Description

This exceptional commercial property, located at 1386 Little Indian Creek Road in Morgantown, West Virginia, presents a unique investment opportunity. The expansive 4.5-acre lot offers significant potential for a variety of commercial ventures. The existing structure boasts a substantial 7,152 square feet of space, providing ample room for development or immediate occupancy. The property's location in Morgantown offers excellent access to transportation routes and a thriving local economy. The monthly lease rate is $4200. This versatile property is ideal for businesses seeking a prominent location with significant space and land. The existing building's layout and condition are open to further investigation and customization to suit a tenant's specific needs. Given the size of the lot and building, this property is well-suited for a range of uses, from warehousing and distribution to light manufacturing or retail. The property's potential is further enhanced by its strategic location within Morgantown, providing easy access to a diverse workforce and consumer base. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $53,282,988
    Hospitality
    $48,806,928
    Educational
    $40,606,792
    Medical
    $42,003,324
    Retail
    $63,166,120

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.6151
Longitude
-80.0769
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
$3,005
$95,760
$45,240
$141,000
-
$159,600
$75,400
$235,000

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