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1501 Factory St - Multifamily Parcel - Speedway BP 4.13 Acres of Residential Land Offered at $199,500 in Fairmont, WV 26554
INVESTMENT HIGHLIGHTS
- Multiple Access Points
- Quick Interstate Access
- All Utilities Available
PROPERTY FACTS
| Price | $199,500 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
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| Zoning | Industrial | ||
| Price | $199,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.13 AC |
| Opportunity Zone |
Yes |
| Zoning | Industrial |
1 LOT AVAILABLE
Lot
| Price | $199,500 | Lot Size | 4.13 AC |
| Price Per AC | $48,305.08 |
| Price | $199,500 |
| Price Per AC | $48,305.08 |
| Lot Size | 4.13 AC |
DESCRIPTION
Located within Speedway Business Park, this property is comprised of 4.13 (+/-) acres and is situated within 0.5 mile of I-79, Exit 137. The land uses vary along Speedway Avenue. The east side of Speedway Avenue is predominantly single-family homes. These homes were built between the 1930s-60s primarily for Owens Illinois’ employees. On the west side, the uses are predominantly one to two story commercial buildings. Uses include fast food restaurants, local retailers, office space and warehouse/industrial space. This parcel can be accessed via multiple locations including Indiana Avenue and Morgantown Avenue. The conceptual plan offers two parking lots and a total of 134 (+/-) lined parking spaces.
PROPERTY TAXES
| Parcel Number | 05-2-00350000 | Improvements Assessment | $760,800 |
| Land Assessment | $230,520 | Total Assessment | $991,320 |
PROPERTY TAXES
Parcel Number
05-2-00350000
Land Assessment
$230,520
Improvements Assessment
$760,800
Total Assessment
$991,320
MAP
ADDITIONAL PHOTOS
Aerial
Aerial
SBP 4.13 Acre Multifamily Conceptual Parcel