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1501 Factory St - Multifamily Parcel - Speedway BP

4.13 Acres of Residential Land Offered at $199,500 in Fairmont, WV 26554

Investment Highlights

  • Multiple Access Points
  • Quick Interstate Access
  • All Utilities Available

Property Facts

Price $199,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 4.13 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $199,500
Price Per AC $48,305
Lot Size 4.13 AC

Description

Located within Speedway Business Park, this property is comprised of 4.13 (+/-) acres and is situated within 0.5 mile of I-79, Exit 137. The land uses vary along Speedway Avenue. The east side of Speedway Avenue is predominantly single-family homes. These homes were built between the 1930s-60s primarily for Owens Illinois’ employees. On the west side, the uses are predominantly one to two story commercial buildings. Uses include fast food restaurants, local retailers, office space and warehouse/industrial space. This parcel can be accessed via multiple locations including Indiana Avenue and Morgantown Avenue. The conceptual plan offers two parking lots and a total of 134 (+/-) lined parking spaces.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-2-00350000
Land Assessment
$230,520
Improvements Assessment
$760,800
Total Assessment
$991,320

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 24512049

  • Date on Market: 11/18/2021

  • Last Updated:

  • Address: 1501 Factory St, Fairmont, WV 26554

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