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Grant Ave [Housing Development Opportunity] - 9 contiguous parcels containing 0.84 (+/-)

0.84 Acres of Commercial Land Offered at $2,551,356 CAD in Morgantown, WV 26505

Investment Highlights

  • All Utilities Available
  • Waking Distance to WVU's Main Campus
  • Contiguous Parcels
  • Close to Many Amenities

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $2,551,356 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Dorms
Total Lot Size 0.84 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,551,356 CAD
Price Per AC $3,037,329 CAD
Lot Size 0.84 AC

Description

Located steps away from the University, Grant Avenue Development Opportunity offers 9 total parcels containing 0.84 (+/-) acre of undeveloped land. The asset can be purchased as all nine lots, or any number of lots can be parceled out and sold separately. This location is ideal for land development for student housing. All customary public utilities are available to the site, including public water and sewer. Take advantage of this prime location within walking distance to West Virginia University’s main campus. The property is located inside the city limits of Morgantown and is within walking distance to many amenities including the West Virginia University main campus, Walnut Street PRT, shopping, dining and more. The property is positioned roughly 4 miles from I-79, Exit 155, 5 miles from I-68, Exit 1, and 5 miles from I-68, Exit 7.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-19-00920000
  • 12-19-00930000
  • 12-19-00950000
  • 12-15-02120000
  • 12-15-02810000
  • 12-19-00900000
  • 12-19-00910000
  • 12-15-02110000
  • 12-19-00940000
  • 12-15-02150001
Land Assessment
$261,976 CAD
Improvements Assessment
$191,135 CAD
Total Assessment
$453,112 CAD

zoning

Zoning Code R3-Residential
R3-Residential
  • Listing ID: 27557387

  • Date on Market: 2023-01-20

  • Last Updated:

  • Address: Grant Ave [Housing Development Opportunity], Morgantown, WV 26505

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