Gateway Development Marketing Flyer

GATEWAY
MORGANTOWN, WV 26501
FOR SALE / LEASE
LAND MARKETING FLYER

GATEWAY
1 PARCEL AVAILABLE
INTERSTATE 79
EXIT 155
WESTRIDGE
NEW COMMERCIAL DEVELOPMENT
UNIVERSITY TOWN CENTRE
UNIVERSITY TOWN CENTRE DRIVE
WVU BLACK BEARS
STADIUM

TABLE OF CONTENTS
Property Overview / Specifications
Introduction of the development, specifications of the parcels, existing businesses
and access.
Location and Trend Analysis / Aerial Photo
Detailed description with an aerial photo of subject location and its
proximity to surrounding businesses.
Statistics and Growth Projections
Morgantown, WV population, employment, income, and reasons to be
proud of the location.
Parcel Maps / Parcel 4 Plat Plan
Overview of all available parcel locations/acreage and Plat Plan of Parcel 4.
Parcel 4, Lot 10, Renderings
Detailed description of Parcel 4, Lot 10 with photos and renderings.
Aerial Photos
Aerial photos of the property from various heights and angles.
02
04
06
08
10
12

304.413.4350
BlackDiamondRealty.net
David Lorenze, Principal
Jeff Stenger, Associate
Chris Waters, Associate
Kim Licciardi, Associate
Jeff Wise, Associate
LAND
FOR SALE / LEASE
GATEWAY
MORGANTOWN, WV 26501
SALE PRICE / VARIES PER PARCEL
TOTAL PARCELS AVAILABLE / 1
TOTAL ACREAGE / 1.11 ACRES
PROPERTY TYPE / LAND
PERMIT FEES / NONE FOR CONSTRUCTION
B&O TAX / NONE FOR CONSTRUCTION
PROPERTY FEATURES / LOCATED NEAR
MAJOR THOROUGHFARES, CLOSE TO
MANY AMENITIES, MAJOR ROADWAY
VISIBILITY
The available parcels of land are located within Gateway, a newly
established mixed-use development, with interstate visibility and
easy access to major thoroughfares and many amenities. The
development is located immediately off of I-79, Exit 155 and is
home to retail, restaurant, medical, convenience, and hospitality
users. There is one remaining parcel of land available for sale within
the development measuring 1.11 acres. Westover signage criteria
does not apply to Gateway and there are no B&O Taxes on
construction and no permit fees for construction.
Gateway is located within the city limits of Westover on the west side of I-79. The
entrance to the development is located immediately off the interstate at Exit 155.
The I-79/I-68 interchange is located roughly 5 miles south of Exit 155. Along I-79
near Exit 155, there is a traffic count of 58,797 vehicles per day (WVDOH, 2015).
02
GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
PROPERTY SPECIFICATIONS
EXISTING BUSINESSES
Existing tenants within the development include: Triple
S Harley Davidson (175,000 visitors per year), Mon General,
Burger King, Green Turtle Restaurant, Sportsman’s Warehouse,
LaQuinta Hotel & Suites, Candlewood Suites, H&R
Block, Joe Romeo’s Honda Dealership, PARCS Superstore,
Once Upon a Child, BFS gas station & convenience store,
Little Caesars, Dairy Queen and Tim Hortons.
DEVELOPMENT SPECIFICATIONS
Gateway is strategically located beside a major interstate,
I-79 North/South Corridor. The city of Westover owns the
roads, lights and storm-water drainage as well as the slopes
within the development and is responsible for repairs and
maintenance. Westover signage criteria does not apply to
Gateway and there are no B&O Taxes on construction and no
permit fees for construction. Within the development, there
are four parcels of land and one retail/office space available.
See the chart below for details.
LAND
PARCEL
ACRES
USABLE ACRES
ASKING PRICE
CAN BE
SUBDIVIDED
INGRESS / EGRESS
Gateway currently offers one point of ingress and egress via
a public road. Access can be achieved by turning north off
of Chaplin Hill Road onto Willie G Avenue located beside
the BFS gas station & convenience store.
Signage.
1 (5C)
SOLD
SOLD
SOLD
SOLD
2 (7C) SOLD SOLD SOLD
SOLD
2 (7D)
SOLD
SOLD
SOLD
SOLD
2 (7E)
SOLD
SOLD
SOLD
SOLD
3 (8A)
SOLD
SOLD
SOLD
SOLD
4 (Lot 9)
SOLD
SOLD
SOLD
SOLD
4 (Lot 10)
1.11 AC
0.8-0.9 AC
$799,000
NO
RETAIL / OFFICE SPACE
SUITE
SQUARE FOOTAGE
NNN EXPENSE
CAN BE
SUBDIVIDED
102
LEASED
LEASED
LEASED
Retail Building.
304.413. 4350
03

LOCATION TREND ANALYSIS
Monongalia County lies in north central West Virginia with
Morgantown as the county seat and home of West Virginia
University. WVU is ranked as a Research University (Highest
Research Activity) – R1 – in the 2018 Carnegie Classification of
Institutions of Higher Education. Fall WVU Fall 2019 enrollment
system reached nearly 30,000 students and full-time and part-time
faculty and staff remained steady at just under 8,000. Education,
health services, professional and business services are all expected
to grow at a particularly high rate.
GATEWAY
The Morgantown MSA regularly ranks a variety of lists pointing to
the area’s accomplishments in terms of growth, business development,
workforce cultivation and more. Morgantown’s prominence
in both of the recession-resistant sectors of higher education and
health care employment is one reason for the stability in the area.
The WVU Bureau of Business and Economic Research calls for
“continued healthy growth” well into the future.
Distance to nearby cities: Fairmont, WV - 17 miles, Uniontown, PA - 30 miles, Bridgeport, WV - 35 miles, Clarksburg, WV - 40
miles, Washington, PA - 42 miles, Pittsburgh, PA - 72 miles, Charleston, WV - 157 miles.
04 GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
AERIAL
The aerial above was taken facing east towards
Morgantown. Several surrounding businesses
have been highlighted with blue numbers.
Referenced with orange numbers are Parcels
1, 2, 3 and 4.
At the entrance to Gateway along Chaplin
Hill Road, there is a traffic count of 9,616
vehicles per day (WVDOH, 2015). Along I-79
near Exit 155, there is a traffic count of 58,797
vehicles per day (WVDOH, 2015).
Parcel 1 - SOLD
Parcel 2 - SOLD
Parcel 3 - SOLD
Parcel 4 - 1.11 - Acres,
1.65 - Acres (SOLD)
Colombo Law
Chipotle, Starbucks
McDonald’s, First United Bank
Sheetz
Olive Garden, Red Lobster
Chili’s, LongHorn Steakhouse, Cheddar’s
Fairfield Inn & Suites by Marriott
Barnes & Noble
Best Buy
Giant Eagle
Dick’s Sporting Goods, Ashley Home
Store,AC Moore, Ulta Beauty, Kirkland’s
Dominion Apartments
Bed Bath & Beyond, TJ Maxx, Dollar
Tree, Petco, Cici’s Pizza, Sweet Frog
Target
Sams Club
Premier Chevrolet, Buick, GMC
Walmart Supercenter
WVU Medicine
Monongalia County Ballpark
Courtyard by Marriott
Star Furniture
Buffalo Wild Wings
Freedom Ford WV
Hampton Inn & Suites
Westridge Development
Wesmon Plaza
Westover
Downtown Morgantown
WVU Main Campus
WVU Evansdale Campus
Suncrest
WVU Health Sciences / Ruby Memorial Hospital
304.413. 4350
05

MORGANTOWN,
WEST VIRGINIA
Morgantown, WV excelled during The Great Recession primarily due to its strong
economic job base focused on recession-resistant employment opportunities in the
education, healthcare, and government sectors. Morgantown has received national
recognition for its high quality of life and economic stability. Morgantown has been
featured nationally in various media outlets over the past decade for its strong economy.
06 GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
STATISTICS AND GROWTH PROJECTIONS
9.8%
POPULATION INCREASE
Monongalia County has seen a 9.8% population increase between 2010 (96,184)
and 2019 (105,612) (Census.gov, 2019).
47,192
TOTAL PEOPLE EMPLOYED
In 2019, Monongalia County employed 47,192 people via 2,340
establishments (Census.gov, 2019).
WVU R1
INSTITUTION
West Virginia University maintains its R1 ranking – very high research activity rank
among the nation’s elite research institutions as reflected in the Carnegie Classification
of Institutions of Higher Education.
$55,940
MEDIAN HOUSEHOLD INCOME
In 2019, Monongalia County had a median household income of
$55,940, ~80% of the average of Unites States ($65,712) and 20%
higher than West Virginia ($48,850) (Censusreporter.org, 2019).
293.3
PEOPLE PER SQ MILE
In 2019, Monongalia County had 293.3 people per square mile which is 74.6%
higher than West Virginia and 32.6% higher than Kanawah County (Charleston, WV)
(Censusreporter.org, 2019).
304.413. 4350
07

PARCELS
AVAILABLE PARCELS
SOLD PARCELS
UNDER CONTRACT PARCELS
0.37
ACRES
3
2.32
ACRES
2
2
0.93
ACRES
1.17
ACRES
1
GATEWAY ENTRANCE
CHAPLIN HILL ROAD & MALONE DRIVE
1.65
ACRES
4
(LOT 9)
4
(LOT 10)
1.11
ACRES
*Boundaries are approximate
08 GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
PARCEL 4 PLAT PLAN
TABLE
Length
49.93
15.19
70.82
32.04
109.71
16.71
12.68
1.46
72.52
This parcel offers roughly 1.1 remaining acres along Chaplin
Hill Road, just west of the main Gateway entrance and beside
the BFS gas station. See the plat plan below and building
renderings on Page 17. Lot 9 has been sold, Lot 10, 1.11 (+/-)
acres is available.
CITY OF WESTOVER
DB 1608, PG 472
WESTOVER CORP.
TM 16, PCL 20
N77° 21' 04"E 48.08'
N63° 33' 04"E 142.63'
LOT 10 REFERENCE LINE
N86° 10' 28"E 77.99'
N/F
5/8" IB
FOUND
WESTOVER CORP.
TM 16, PCL 9
BRUCETON FARM
SERVICE, INC.
DB 1479, PG 44
WESTOVER CORP.
TM 16, PCL 6
93.33
20.10
46.19
51.90
25.00
1.46
12.68
16.58
109.57
32.99
71.91
0.41
23.34
43.44
RVE TABLE
ngth
Radius
LOT 9 REFERENCE LINE
S30° 56' 55"E 356.67'
CON. MON.
FOUND
DRAINAGE & UTILITY
EASEMENT
REFERENCE LINE
N69° 59' 22"E 28.12'
N38° 53' 25"W 33.45'
ACCESS EASEMENT
REFERENCE LINE
N33° 43' 58"W 108.88'
N33° 43' 58"W 215.54'
C1
L23
C14
L1
N77° 21' 04"E 318.07'
L22
C2
C13
L21
L2
C12
C3
LOT 9
1.65 AC.
C4
DRAINAGE & UTILITY
EASEMENT
REFERENCE LINE
N22° 36' 28"W 54.17'
L3
L20
N22° 36' 28"W 240.72'
S22° 36' 28"E 240.72'
L4
L5
LOT 10
1.11 AC.
L19 L18 C10 L17
C5
S29° 57' 17"E 150.37'
DOROTHY K. McCROBIE
GRANT DISTRICT
TM 3A, PCL 8
S30° 56' 31"E 20.10'
L6
DB 72, PG 257
S32° 15' 01"E 67.06'
N/F
DOROTHY K. McCROBIE
DB 696, PG 274
GRANT DISTRICT
TM 3A, PCL 33
S67° 23' 32"W 121.91' S63° 32' 11"W 101.36'
C6
C9
L7
L16
C7
C8
L8
L15
L14
L9
L13
L10
L12
L11
THIRTEENTH REVISED DECLARATION PLAT
WV Co. Rt. 43/1 - Solomon Road
7.18
60.91
42.96
36.14
7.86
59.61
36.39
26.00
74.37
6.55
43.37
64.44
38.07
24.83
20.00
40.00
40.00
100.00
120.00
80.00
70.00
50.00
100.00
100.00
120.00
60.00
25.00
25.00
N/F
CARNIVAL
PROPERTIES, LLC
DB 1389, PG 581
TM #3, PARCEL 12
N84° 16' 59"W 100.18'
C11
S69° 05' 00"W 155.72'
WV Co. Rt. 19/24 - Chaplin Road
GRID NORTH
LEGEND
S67° 23' 32"W 18.48'
5/8" IRON BAR (AS NOTED)
CONCRETE MONUMENT (FOUND)
POINT
WVDOH R/W
LOT LINES
ACCESS EASEMENT
DRAINAGE & UTILITY EASEMENT
0
60' 120' 180'
Scale: 1 Inch = 60' Feet
PATRICK E. GALLAGHER
P.S. 1352
304.413. 4350
09

PARCEL 4, LOT 10
1.11 ACRES - $799,000
Parcel 4 (Lot 10) is located along Chaplin Hill Road,
just west of the main entrance 3 of Gateway. Highlighted in
blue below, the site is positioned beside the BFS gas station.
The site offers one remaining lot at 1.11 (+/-) acres. Roughly
0.8-0.9 (+/-) acre of this lot is considered usable. This lot is
pad ready.
2
2
1
Aerial of Parcel 4, Lot 10 Outlined.
4
(LOT 9)
4
(LOT 10)
*Boundaries are approximate
Aerial of Parcel 4, Lot 10 Outlined..
10 GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
PARCEL 4 RENDERINGS
304.413. 4350
11

AERIAL PHOTOS
Aerial View of Gateway Facing East (2019).
Aerial View of Gateway Facing West (2019).
12 GATEWAY

FOR SALE / LEASE
PARCELS OF LAND - LOCATED IMMEDIATELY OFF I-79, EXIT 155
GATEWAY · MORGANTOWN, WV 26501 · ONE PARCEL REMAINING
Aerial View of Gateway Facing North (2020).
304.413. 4350
13

CONTACT
BLACK DIAMOND REALTY LLC
1399 Stewartstown Road, Suite 150
Morgantown, WV 26505
P. 304.413.4350 F. 304.599.3285
BlackDiamondRealty.net
* All information is believed to be accurate
but not guaranteed. More information is
available upon request.
Mark J. Nesselroad, Broker
mjnesselroad@blackdiamondrealty.net
David Lorenze, Principal
dlorenze@blackdiamondrealty.net
Jeff Stenger, Associate
jstenger@blackdiamondrealty.net
Chris Waters, Associate
cwaters@blackdiamondrealty.net
Kim Licciardi, Associate
klicciardi@blackdiamondrealty.net
Jeff Wise, Associate
jwise@blackdiamondrealty.net
Janelle Zeoli, Senior Designer/Marketing Coordinator
jzeoli@blackdiamondrealty.net
Andrea Cooper, Junior Designer/Office Manager
acooper@blackdiamondrealty.net