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Commercial

12 AC Development Site | No Zoning | Princeton, WV

Oakvale Rd, Princeton, WV 24740

Listing Price: $600,000

Lot Size
12.00 acres
Price/Acre
$50,000
Land Type
Land

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.

Investment Highlights

  • Prime Development Opportunity | 12.00 Acres of Un-Zoned Land Off of Interstate-77 |Adjacent to a Lowe's Home Center
  • No Zoning Ordinance in Mercer County | Unrestricted Development Opportunity
  • Excellent Access & Visibility via Interstate-77 (21,800+ VPD) and Highway 460 (19,300+ VPD) | In Close Proximity to Interstate-81
  • 4 Miles from Princeton Community Hospital | 200+ Bed Acute Care Facility | Other National Retailers in the Immediate Surrounding Area Include Wal-Mart, Chick-Fil-A, Starbucks, & More
  • Business Friendly Environment | Mercer County & the State of West Virginia Offer Various Tax Incentives Aimed at Attracting & Retaining Businesses

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Commercial

12 AC Development Site | No Zoning | Princeton, WV

Listing Price: $600,000

Lot Size
12.00 acres
Price/Acre
$50,000
Land Type
Land

Investment Highlights

  • Prime Development Opportunity | 12.00 Acres of Un-Zoned Land Off of Interstate-77 |Adjacent to a Lowe's Home Center
  • No Zoning Ordinance in Mercer County | Unrestricted Development Opportunity
  • Excellent Access & Visibility via Interstate-77 (21,800+ VPD) and Highway 460 (19,300+ VPD) | In Close Proximity to Interstate-81
  • 4 Miles from Princeton Community Hospital | 200+ Bed Acute Care Facility | Other National Retailers in the Immediate Surrounding Area Include Wal-Mart, Chick-Fil-A, Starbucks, & More
  • Business Friendly Environment | Mercer County & the State of West Virginia Offer Various Tax Incentives Aimed at Attracting & Retaining Businesses

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.

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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