Mark Nesselroad, Esq, MBA 3044134350
David Lorenze, CCIM, SIOR 3044134350
Jeff Stenger 3044134350 x 124

750 Chaplin Rd - 85 (+/-) Acre Development Opportunity 85.74 Acres of Commercial Land Offered at $2,080,000 in Morgantown, WV 26501

INVESTMENT HIGHLIGHTS

Water and Sewer Available
Elevated, Exceptional Views

Outside City Limits
Close to Many Amenities (University Town Centre, WestRidge)

EXECUTIVE SUMMARY

The subject property offers 85.745 (+/-) acres of land ideal for residential development. The majority of the site has a general sloping terrain throughout. A private, gravel right
of way bisects the site in a southeast/northwest direction. The site exhibits varying types of terrain with the southwest portion being primarily a cleared, grassy field. This portion slopes uphill, away from the road grade to the southwest, to a cleared hilltop plateau. The northeast most portion of the site slopes uphill, away from the road grade toward the northeast and contains more dense tree and brush coverage. There are areas of flatter terrain along the existing access road where a small stream is located. Area drainage is adequate for this site.
The property is improved with a dilapidated mobile home, a one-car detached garage, and various other outbuildings including an equipment shed, storage shed, and a spring house. The site is estimated to have 50 (+/-) acres cleared and the remaining acreage as woodland, or about 60% cleared and 40% wooded.

750 Chaplin Hill Road - Marketing Flyer

PROPERTY FACTS

Price	$2,080,000	Property Type	Land
Sale Type	Owner User	Property Subtype	Commercial
No. Lots	1	Total Lot Size	85.74 AC
Zoning	No Zoning

Price	$2,080,000
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	85.74 AC
Zoning	No Zoning

1 LOT AVAILABLE

Lot

Price	$2,080,000	Lot Size	85.74 AC
Price Per AC	$24,259.39

Price	$2,080,000
Price Per AC	$24,259.39
Lot Size	85.74 AC

DESCRIPTION

Located just one mile from I-79, Exit 155 and the University Town Centre, 750 Chaplin Hill Road is a land/development opportunity comprised of 85.745 (+/-) acres. The majority of the site has a generally sloping terrain throughout and is estimated to be 60% cleared and 40% wooded. From Chaplin Hill Road, a private, gravel right of way bisects the site in a southeast/northwest direction. The land is situated just south of the newly established Village of Sugar Maple Ridge community. The hilltop plateau offers exceptional views for miles making it ideal for a residential development. Situated 1 mile west of I-79, Exit 155 and the University Town Centre, UTC is the ultimate shopping destination in Greater Morgantown. From clothing stores, restaurants, entertainment, and more, the University Town Centre provides various types of stores for locals and visitors alike. West Virginia University’s main campus and downtown Morgantown are just 4.5 miles away. The subject property offers 85.745 (+/-) acres of land ideal for residential development. The majority of the site has a general sloping terrain throughout. A private, gravel right of way bisects the site in a southeast/northwest direction. The site exhibits varying types of terrain with the southwest portion being primarily a cleared, grassy field. This portion slopes uphill, away from the road grade to the southwest, to a cleared hilltop plateau. The northeast most portion of the site slopes uphill, away from the road grade toward the northeast and contains more dense tree and brush coverage. There are areas of flatter terrain along the existing access road where a small stream is located. Area drainage is adequate for this site. The property is improved with a dilapidated mobile home, a one-car detached garage, and various other outbuildings including an equipment shed, storage shed, and a spring house. The site is estimated to have 50 (+/-) acres cleared and the remaining acreage as woodland, or about 60% cleared and 40% wooded.