Gateway Development Marketing Flyer
The available parcels of land are located within Gateway, a newly established development with interstate visibility and easy access to major thoroughfares and many amenities. Gateway is located immediately off I-79, Exit 155 and is home to many national and local retail/restaurant brands.
The available parcels of land are located within Gateway, a newly established development with interstate visibility and easy access to major thoroughfares and many amenities. Gateway is located immediately off I-79, Exit 155 and is home to many national and local retail/restaurant brands.
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GATEWAY<br />
MORGANTOWN, WV 26501<br />
FOR SALE / LEASE<br />
LAND MARKETING FLYER
GATEWAY<br />
1 PARCEL AVAILABLE<br />
INTERSTATE 79<br />
EXIT 155<br />
WESTRIDGE<br />
NEW COMMERCIAL DEVELOPMENT<br />
UNIVERSITY TOWN CENTRE<br />
UNIVERSITY TOWN CENTRE DRIVE<br />
WVU BLACK BEARS<br />
STADIUM
TABLE OF CONTENTS<br />
Property Overview / Specifications<br />
Introduction of the development, specifications of the parcels, existing businesses<br />
and access.<br />
Location and Trend Analysis / Aerial Photo<br />
Detailed description with an aerial photo of subject location and its<br />
proximity to surrounding businesses.<br />
Statistics and Growth Projections<br />
Morgantown, WV population, employment, income, and reasons to be<br />
proud of the location.<br />
Parcel Maps / Parcel 4 Plat Plan<br />
Overview of all available parcel locations/acreage and Plat Plan of Parcel 4.<br />
Parcel 4, Lot 10, Renderings<br />
Detailed description of Parcel 4, Lot 10 with photos and renderings.<br />
Aerial Photos<br />
Aerial photos of the property from various heights and angles.<br />
02<br />
04<br />
06<br />
08<br />
10<br />
12
304.413.4350<br />
BlackDiamondRealty.net<br />
David Lorenze, Principal<br />
Jeff Stenger, Associate<br />
Chris Waters, Associate<br />
Kim Licciardi, Associate<br />
Jeff Wise, Associate<br />
LAND<br />
FOR SALE / LEASE<br />
GATEWAY<br />
MORGANTOWN, WV 26501<br />
SALE PRICE / VARIES PER PARCEL<br />
TOTAL PARCELS AVAILABLE / 1<br />
TOTAL ACREAGE / 1.11 ACRES<br />
PROPERTY TYPE / LAND<br />
PERMIT FEES / NONE FOR CONSTRUCTION<br />
B&O TAX / NONE FOR CONSTRUCTION<br />
PROPERTY FEATURES / LOCATED NEAR<br />
MAJOR THOROUGHFARES, CLOSE TO<br />
MANY AMENITIES, MAJOR ROADWAY<br />
VISIBILITY<br />
The available parcels of land are located within <strong>Gateway</strong>, a newly<br />
established mixed-use development, with interstate visibility and<br />
easy access to major thoroughfares and many amenities. The<br />
development is located immediately off of I-79, Exit 155 and is<br />
home to retail, restaurant, medical, convenience, and hospitality<br />
users. There is one remaining parcel of land available for sale within<br />
the development measuring 1.11 acres. Westover signage criteria<br />
does not apply to <strong>Gateway</strong> and there are no B&O Taxes on<br />
construction and no permit fees for construction.<br />
<strong>Gateway</strong> is located within the city limits of Westover on the west side of I-79. The<br />
entrance to the development is located immediately off the interstate at Exit 155.<br />
The I-79/I-68 interchange is located roughly 5 miles south of Exit 155. Along I-79<br />
near Exit 155, there is a traffic count of 58,797 vehicles per day (WVDOH, 2015).<br />
02<br />
GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
PROPERTY SPECIFICATIONS<br />
EXISTING BUSINESSES<br />
Existing tenants within the development include: Triple<br />
S Harley Davidson (175,000 visitors per year), Mon General,<br />
Burger King, Green Turtle Restaurant, Sportsman’s Warehouse,<br />
LaQuinta Hotel & Suites, Candlewood Suites, H&R<br />
Block, Joe Romeo’s Honda Dealership, PARCS Superstore,<br />
Once Upon a Child, BFS gas station & convenience store,<br />
Little Caesars, Dairy Queen and Tim Hortons.<br />
DEVELOPMENT SPECIFICATIONS<br />
<strong>Gateway</strong> is strategically located beside a major interstate,<br />
I-79 North/South Corridor. The city of Westover owns the<br />
roads, lights and storm-water drainage as well as the slopes<br />
within the development and is responsible for repairs and<br />
maintenance. Westover signage criteria does not apply to<br />
<strong>Gateway</strong> and there are no B&O Taxes on construction and no<br />
permit fees for construction. Within the development, there<br />
are four parcels of land and one retail/office space available.<br />
See the chart below for details.<br />
LAND<br />
PARCEL<br />
ACRES<br />
USABLE ACRES<br />
ASKING PRICE<br />
CAN BE<br />
SUBDIVIDED<br />
INGRESS / EGRESS<br />
<strong>Gateway</strong> currently offers one point of ingress and egress via<br />
a public road. Access can be achieved by turning north off<br />
of Chaplin Hill Road onto Willie G Avenue located beside<br />
the BFS gas station & convenience store.<br />
Signage.<br />
1 (5C)<br />
SOLD<br />
SOLD<br />
SOLD<br />
SOLD<br />
2 (7C) SOLD SOLD SOLD<br />
SOLD<br />
2 (7D)<br />
SOLD<br />
SOLD<br />
SOLD<br />
SOLD<br />
2 (7E)<br />
SOLD<br />
SOLD<br />
SOLD<br />
SOLD<br />
3 (8A)<br />
SOLD<br />
SOLD<br />
SOLD<br />
SOLD<br />
4 (Lot 9)<br />
SOLD<br />
SOLD<br />
SOLD<br />
SOLD<br />
4 (Lot 10)<br />
1.11 AC<br />
0.8-0.9 AC<br />
$799,000<br />
NO<br />
RETAIL / OFFICE SPACE<br />
SUITE<br />
SQUARE FOOTAGE<br />
NNN EXPENSE<br />
CAN BE<br />
SUBDIVIDED<br />
102<br />
LEASED<br />
LEASED<br />
LEASED<br />
Retail Building.<br />
304.413. 4350<br />
03
LOCATION TREND ANALYSIS<br />
Monongalia County lies in north central West Virginia with<br />
Morgantown as the county seat and home of West Virginia<br />
University. WVU is ranked as a Research University (Highest<br />
Research Activity) – R1 – in the 2018 Carnegie Classification of<br />
Institutions of Higher Education. Fall WVU Fall 2019 enrollment<br />
system reached nearly 30,000 students and full-time and part-time<br />
faculty and staff remained steady at just under 8,000. Education,<br />
health services, professional and business services are all expected<br />
to grow at a particularly high rate.<br />
GATEWAY<br />
The Morgantown MSA regularly ranks a variety of lists pointing to<br />
the area’s accomplishments in terms of growth, business development,<br />
workforce cultivation and more. Morgantown’s prominence<br />
in both of the recession-resistant sectors of higher education and<br />
health care employment is one reason for the stability in the area.<br />
The WVU Bureau of Business and Economic Research calls for<br />
“continued healthy growth” well into the future.<br />
Distance to nearby cities: Fairmont, WV - 17 miles, Uniontown, PA - 30 miles, Bridgeport, WV - 35 miles, Clarksburg, WV - 40<br />
miles, Washington, PA - 42 miles, Pittsburgh, PA - 72 miles, Charleston, WV - 157 miles.<br />
04 GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
AERIAL<br />
The aerial above was taken facing east towards<br />
Morgantown. Several surrounding businesses<br />
have been highlighted with blue numbers.<br />
Referenced with orange numbers are Parcels<br />
1, 2, 3 and 4.<br />
At the entrance to <strong>Gateway</strong> along Chaplin<br />
Hill Road, there is a traffic count of 9,616<br />
vehicles per day (WVDOH, 2015). Along I-79<br />
near Exit 155, there is a traffic count of 58,797<br />
vehicles per day (WVDOH, 2015).<br />
Parcel 1 - SOLD<br />
Parcel 2 - SOLD<br />
Parcel 3 - SOLD<br />
Parcel 4 - 1.11 - Acres,<br />
1.65 - Acres (SOLD)<br />
Colombo Law<br />
Chipotle, Starbucks<br />
McDonald’s, First United Bank<br />
Sheetz<br />
Olive Garden, Red Lobster<br />
Chili’s, LongHorn Steakhouse, Cheddar’s<br />
Fairfield Inn & Suites by Marriott<br />
Barnes & Noble<br />
Best Buy<br />
Giant Eagle<br />
Dick’s Sporting Goods, Ashley Home<br />
Store,AC Moore, Ulta Beauty, Kirkland’s<br />
Dominion Apartments<br />
Bed Bath & Beyond, TJ Maxx, Dollar<br />
Tree, Petco, Cici’s Pizza, Sweet Frog<br />
Target<br />
Sams Club<br />
Premier Chevrolet, Buick, GMC<br />
Walmart Supercenter<br />
WVU Medicine<br />
Monongalia County Ballpark<br />
Courtyard by Marriott<br />
Star Furniture<br />
Buffalo Wild Wings<br />
Freedom Ford WV<br />
Hampton Inn & Suites<br />
Westridge <strong>Development</strong><br />
Wesmon Plaza<br />
Westover<br />
Downtown Morgantown<br />
WVU Main Campus<br />
WVU Evansdale Campus<br />
Suncrest<br />
WVU Health Sciences / Ruby Memorial Hospital<br />
304.413. 4350<br />
05
MORGANTOWN,<br />
WEST VIRGINIA<br />
Morgantown, WV excelled during The Great Recession primarily due to its strong<br />
economic job base focused on recession-resistant employment opportunities in the<br />
education, healthcare, and government sectors. Morgantown has received national<br />
recognition for its high quality of life and economic stability. Morgantown has been<br />
featured nationally in various media outlets over the past decade for its strong economy.<br />
06 GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
STATISTICS AND GROWTH PROJECTIONS<br />
9.8%<br />
POPULATION INCREASE<br />
Monongalia County has seen a 9.8% population increase between 2010 (96,184)<br />
and 2019 (105,612) (Census.gov, 2019).<br />
47,192<br />
TOTAL PEOPLE EMPLOYED<br />
In 2019, Monongalia County employed 47,192 people via 2,340<br />
establishments (Census.gov, 2019).<br />
WVU R1<br />
INSTITUTION<br />
West Virginia University maintains its R1 ranking – very high research activity rank<br />
among the nation’s elite research institutions as reflected in the Carnegie Classification<br />
of Institutions of Higher Education.<br />
$55,940<br />
MEDIAN HOUSEHOLD INCOME<br />
In 2019, Monongalia County had a median household income of<br />
$55,940, ~80% of the average of Unites States ($65,712) and 20%<br />
higher than West Virginia ($48,850) (Censusreporter.org, 2019).<br />
293.3<br />
PEOPLE PER SQ MILE<br />
In 2019, Monongalia County had 293.3 people per square mile which is 74.6%<br />
higher than West Virginia and 32.6% higher than Kanawah County (Charleston, WV)<br />
(Censusreporter.org, 2019).<br />
304.413. 4350<br />
07
PARCELS<br />
AVAILABLE PARCELS<br />
SOLD PARCELS<br />
UNDER CONTRACT PARCELS<br />
0.37<br />
ACRES<br />
3<br />
2.32<br />
ACRES<br />
2<br />
2<br />
0.93<br />
ACRES<br />
1.17<br />
ACRES<br />
1<br />
GATEWAY ENTRANCE<br />
CHAPLIN HILL ROAD & MALONE DRIVE<br />
1.65<br />
ACRES<br />
4<br />
(LOT 9)<br />
4<br />
(LOT 10)<br />
1.11<br />
ACRES<br />
*Boundaries are approximate<br />
08 GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
PARCEL 4 PLAT PLAN<br />
TABLE<br />
Length<br />
49.93<br />
15.19<br />
70.82<br />
32.04<br />
109.71<br />
16.71<br />
12.68<br />
1.46<br />
72.52<br />
This parcel offers roughly 1.1 remaining acres along Chaplin<br />
Hill Road, just west of the main <strong>Gateway</strong> entrance and beside<br />
the BFS gas station. See the plat plan below and building<br />
renderings on Page 17. Lot 9 has been sold, Lot 10, 1.11 (+/-)<br />
acres is available.<br />
CITY OF WESTOVER<br />
DB 1608, PG 472<br />
WESTOVER CORP.<br />
TM 16, PCL 20<br />
N77° 21' 04"E 48.08'<br />
N63° 33' 04"E 142.63'<br />
LOT 10 REFERENCE LINE<br />
N86° 10' 28"E 77.99'<br />
N/F<br />
5/8" IB<br />
FOUND<br />
WESTOVER CORP.<br />
TM 16, PCL 9<br />
BRUCETON FARM<br />
SERVICE, INC.<br />
DB 1479, PG 44<br />
WESTOVER CORP.<br />
TM 16, PCL 6<br />
93.33<br />
20.10<br />
46.19<br />
51.90<br />
25.00<br />
1.46<br />
12.68<br />
16.58<br />
109.57<br />
32.99<br />
71.91<br />
0.41<br />
23.34<br />
43.44<br />
RVE TABLE<br />
ngth<br />
Radius<br />
LOT 9 REFERENCE LINE<br />
S30° 56' 55"E 356.67'<br />
CON. MON.<br />
FOUND<br />
DRAINAGE & UTILITY<br />
EASEMENT<br />
REFERENCE LINE<br />
N69° 59' 22"E 28.12'<br />
N38° 53' 25"W 33.45'<br />
ACCESS EASEMENT<br />
REFERENCE LINE<br />
N33° 43' 58"W 108.88'<br />
N33° 43' 58"W 215.54'<br />
C1<br />
L23<br />
C14<br />
L1<br />
N77° 21' 04"E 318.07'<br />
L22<br />
C2<br />
C13<br />
L21<br />
L2<br />
C12<br />
C3<br />
LOT 9<br />
1.65 AC.<br />
C4<br />
DRAINAGE & UTILITY<br />
EASEMENT<br />
REFERENCE LINE<br />
N22° 36' 28"W 54.17'<br />
L3<br />
L20<br />
N22° 36' 28"W 240.72'<br />
S22° 36' 28"E 240.72'<br />
L4<br />
L5<br />
LOT 10<br />
1.11 AC.<br />
L19 L18 C10 L17<br />
C5<br />
S29° 57' 17"E 150.37'<br />
DOROTHY K. McCROBIE<br />
GRANT DISTRICT<br />
TM 3A, PCL 8<br />
S30° 56' 31"E 20.10'<br />
L6<br />
DB 72, PG 257<br />
S32° 15' 01"E 67.06'<br />
N/F<br />
DOROTHY K. McCROBIE<br />
DB 696, PG 274<br />
GRANT DISTRICT<br />
TM 3A, PCL 33<br />
S67° 23' 32"W 121.91' S63° 32' 11"W 101.36'<br />
C6<br />
C9<br />
L7<br />
L16<br />
C7<br />
C8<br />
L8<br />
L15<br />
L14<br />
L9<br />
L13<br />
L10<br />
L12<br />
L11<br />
THIRTEENTH REVISED DECLARATION PLAT<br />
WV Co. Rt. 43/1 - Solomon Road<br />
7.18<br />
60.91<br />
42.96<br />
36.14<br />
7.86<br />
59.61<br />
36.39<br />
26.00<br />
74.37<br />
6.55<br />
43.37<br />
64.44<br />
38.07<br />
24.83<br />
20.00<br />
40.00<br />
40.00<br />
100.00<br />
120.00<br />
80.00<br />
70.00<br />
50.00<br />
100.00<br />
100.00<br />
120.00<br />
60.00<br />
25.00<br />
25.00<br />
N/F<br />
CARNIVAL<br />
PROPERTIES, LLC<br />
DB 1389, PG 581<br />
TM #3, PARCEL 12<br />
N84° 16' 59"W 100.18'<br />
C11<br />
S69° 05' 00"W 155.72'<br />
WV Co. Rt. 19/24 - Chaplin Road<br />
GRID NORTH<br />
LEGEND<br />
S67° 23' 32"W 18.48'<br />
5/8" IRON BAR (AS NOTED)<br />
CONCRETE MONUMENT (FOUND)<br />
POINT<br />
WVDOH R/W<br />
LOT LINES<br />
ACCESS EASEMENT<br />
DRAINAGE & UTILITY EASEMENT<br />
0<br />
60' 120' 180'<br />
Scale: 1 Inch = 60' Feet<br />
PATRICK E. GALLAGHER<br />
P.S. 1352<br />
304.413. 4350<br />
09
PARCEL 4, LOT 10<br />
1.11 ACRES - $799,000<br />
Parcel 4 (Lot 10) is located along Chaplin Hill Road,<br />
just west of the main entrance 3 of <strong>Gateway</strong>. Highlighted in<br />
blue below, the site is positioned beside the BFS gas station.<br />
The site offers one remaining lot at 1.11 (+/-) acres. Roughly<br />
0.8-0.9 (+/-) acre of this lot is considered usable. This lot is<br />
pad ready.<br />
2<br />
2<br />
1<br />
Aerial of Parcel 4, Lot 10 Outlined.<br />
4<br />
(LOT 9)<br />
4<br />
(LOT 10)<br />
*Boundaries are approximate<br />
Aerial of Parcel 4, Lot 10 Outlined..<br />
10 GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
PARCEL 4 RENDERINGS<br />
304.413. 4350<br />
11
AERIAL PHOTOS<br />
Aerial View of <strong>Gateway</strong> Facing East (2019).<br />
Aerial View of <strong>Gateway</strong> Facing West (2019).<br />
12 GATEWAY
FOR SALE / LEASE<br />
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155<br />
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING<br />
Aerial View of <strong>Gateway</strong> Facing North (2020).<br />
304.413. 4350<br />
13
CONTACT<br />
BLACK DIAMOND REALTY LLC<br />
1399 Stewartstown Road, Suite 150<br />
Morgantown, WV 26505<br />
P. 304.413.4350 F. 304.599.3285<br />
BlackDiamondRealty.net<br />
* All information is believed to be accurate<br />
but not guaranteed. More information is<br />
available upon request.<br />
Mark J. Nesselroad, Broker<br />
mjnesselroad@blackdiamondrealty.net<br />
David Lorenze, Principal<br />
dlorenze@blackdiamondrealty.net<br />
Jeff Stenger, Associate<br />
jstenger@blackdiamondrealty.net<br />
Chris Waters, Associate<br />
cwaters@blackdiamondrealty.net<br />
Kim Licciardi, Associate<br />
klicciardi@blackdiamondrealty.net<br />
Jeff Wise, Associate<br />
jwise@blackdiamondrealty.net<br />
Janelle Zeoli, Senior Designer/<strong>Marketing</strong> Coordinator<br />
jzeoli@blackdiamondrealty.net<br />
Andrea Cooper, Junior Designer/Office Manager<br />
acooper@blackdiamondrealty.net
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