0 Mileground Road

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0 Mileground Road

Morgantown, WV 26505
Asking Price
$3.00M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset consisting of 6.4 total acres.
  • Property is currently listed for sale at 2,999,999 dollars.
  • Site is located at 0 Mileground Road in Morgantown, West Virginia.
  • Region is supported by university and health care industry employers.
  • Parcel is suitable for diverse retail or commercial development projects.

What's Special

This commercial land is available for sale and presents a prime acquisition for developers or investors seeking a strategic footprint in Morgantown, West Virginia. Spanning 6.4 acres, the parcel at 0 Mileground Road is positioned in a growing market that serves as the home of West Virginia University and a regional hub for health care and professional services. The site offers sufficient scale for a variety of commercial builds, from retail and office developments to specialized service facilities. Its location within the Mileground corridor ensures high visibility and accessibility to key transportation arteries throughout the region. With its current configuration, the land provides a blank canvas for buyers looking to capitalize on the sustained economic activity within this part of the metro area. Proximity to local commerce and major thoroughfares makes this an ideal candidate for businesses requiring a central, accessible site for long-term operations or speculative development.

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.358
Annual Cash Flow
$-98,108.298

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