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Chaplin Hill - Chaplin Hill Business Park

8.3 Acres of Commercial Land Offered at $650,000 in Morgantown, WV 26501

Investment Highlights

  • Less than 10 minutes from Interstate 79.

Executive Summary

The Chaplin Hill Business Park is west of the city limits of Morgantown, WV. The property is situated roughly 1.5 miles from I-79, Exit 155, and 7.5 miles from the I-69 interchange. Located 70 miles south of Pittsburgh, PA, the area is an emerging hub for technology firms, medicine, computing, robotics, artificial intelligence, software engineering, biotechnology, and autonomous vehicles. Along Chaplin Road there is a dally traffic count of 6,897 vehicles per day. The I-79 Exit 155 has increased from 43,000 vehicles per day to 58,000 vehicles per day in the last 10 years. Recent traffic studies anticipate it growing to 83,000 vehicles per day by 2030.

Property Facts

Price $650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
Total Lot Size 8.30 AC

1 Lot Available

Lot

Price $650,000
Price Per AC $78,313
Lot Size 8.30 AC

This is an 8.38 acre site with a 4.2 acre pad.

Description

This property is just minutes out from I-79 and located right off of Chaplin Hill Rd in Morgantown, WV.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07-6B-00010024
  • 07-6B-00010025
Land Assessment
$474,000
Improvements Assessment
$819,300
Total Assessment
$1,293,300

zoning

Zoning Code No zoning (There are covenants associated with this park.)
No zoning (There are covenants associated with this park.)
  • Listing ID: 21017296

  • Date on Market: 9/21/2020

  • Last Updated:

  • Address: Chaplin Hill, Morgantown, WV 26501

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