Chaplin Hill - Chaplin Hill Business Park
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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
1 Lot Available
Lot
Price | $650,000 | Lot Size | 8.30 AC |
Price Per AC | $78,313 |
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.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $819,300 | |
Land Assessment | $474,000 | Total Assessment | $1,293,300 |
PROPERTY TAXES
Parcel Numbers
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.) |
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Chaplin Hill - Chaplin Hill Business Park
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