Morgantown Industrial Park - Phase I: Pad 3
Industrial
Marketing description
The available pads are located within the Morgantown Industrial Park, one of the most highly visible Business/Industrial developments in Morgantown. Currently available within Phase I of the Park are three pads of land ranging in size from 1.8 acres to 12 acres with the option to subdivide. Phase II offers four pads ranging in size from 4 acres to 27 acres. The park offers direct access to rail and water transportation within a few miles of both I-79 and I-68 and is accessible off River Road or WV Route 45 forming Dupont Road just south of the site at the entrance to the park. The park is in the process of receiving accessibility upgrades including a new $60 Million bridge connecting Grafton Road and I-68, Exit 1 to Phase II as well as a new interchange just south of I-79, Exit 152.
The Industrial Park is located outside the city limits of Morgantown on the opposite side of the Monongahela River from the downtown/central business district where there is no zoning. The entrance to the business park is 2.2 miles from I-79, Exit 152, and 5.5 miles from the I-79/I-68 interchange.
Pricing per Pad is as follows:
Pad 1: 1.8 Acres: $215,000 Per Acre
Pad 3: 4 Acres: $200,000 Per Acre (Subject Parcel)
Pad 3 is located near the southern end of the Industrial Park, approximately 1.2 miles from the main entrance. Access to the site is currently achieved by entering a shared gravel drive. The drive is currently shared with an existing business. The existing pad has a minimum usable area of 4 (+/-) acres. The option to subdivide is possible. There is a currently a road maintenance agreement in place with this pad paying monthly assessment based on the amount of road utilized in obtaining access to the individual property. The site does not currently offer any sidewalks or street lights. Water/sewer, electric and gas are available to the site and will be supplied by the city. All utilities will require extension to the site.
Pad 7: 12 Acres: Price Negotiable
LEASE options are also available. Inquire for details. Don't see the right amount of acreage to suit your needs? The property owner is willing subdivide!
Investment highlights
- Pad Ready
- Access to River and Rail
- No Zoning Restrictions
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