Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the Oakvale Road development site, located in Princeton, West Virginia. Totaling 12.00 acres, the site is positioned within an unincorporated zone in Mercer County, providing completely unrestricted development opportunity as there is no zoning ordinance or overlay district for the area. With over 1,000 feet of frontage, the property features excellent visibility and access as it is situated just off of two major thoroughfares in Princeton, Interstate-77 (21,800+ VPD), and Highway 460 (19,300+ VPD). Ideally located in a retail corridor, the neighboring retailers include a Lowe’s, Chili’s Grill & Bar, and First Community Bank. Other national retailers in the immediate surrounding area include Starbucks, Chick-Fil-A, Wal-Mart, & more. Situated in the heart of Appalachia, West Virginia links the coastal mid-Atlantic corridor with the major markets of the Midwest and Upper South. Traditionally known as a center of domestic energy production, major research and development centers, as well as healthcare institutions, have come to prominence in recent years. The state’s unique geography also bene?ts from proximity to nearby markets. Portions of the eastern panhandle are incorporated into the Washington, D.C. Metropolitan Statistical Area, with the nation’s capital and downtown Baltimore located fewer than 70 miles from this region.