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317A Oakvale Road - 12 AC Development Site | No Zoning | Princet 12 Acres of Commercial Land Offered at $550,000 in Princeton, WV 24740
Executive Summary
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 benefits 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.
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
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 benefits 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.
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
Property Facts
| Price | $550,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 12.00 AC |
| Zoning | C - No Zoning Ordinance in Mercer County | Unrestricted Development Opportunity | ||
| Price | $550,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 12.00 AC |
| Zoning | C - No Zoning Ordinance in Mercer County | Unrestricted Development Opportunity |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 12.00 AC |
| Price Per AC | $45,833.33 |
| Price | $550,000 |
| Price Per AC | $45,833.33 |
| Lot Size | 12.00 AC |
12.00 Acres of Un-Zoned Land Off of Interstate-77 Adjacent to a Lowe's Home Center Prime Development Opportunity No Zoning Ordinance in Mercer County Excellent Access & Visibility via Interstate-77 (21,800+ VPD) and Highway 460 (19,300+ VPD)
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317A Oakvale Road - 12 AC Development Site | No Zoning | Princet
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