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Listed by ANNA STEWART • BOWIE HOME & LAND, LLC
$ 415,000
Est. payment | /mo
$ 415,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10147104
HOA Y/N No
Annual Tax Amount $1,789
Tax Year 2021
Property Sub-Type Commercial Land
Property Description
Level "shovel ready" corner building site into Elkins central commercial business district. Property located off the downtown Elkins exit of Corridor H. This site is officially situated within a USDA-Designated Low-Income, Low-Access (LILA) Food Desert. A developer launching a grocery, small-format market, or fresh-food retail concept here steps into a market with zero immediate competition and a captive local customer base, while simultaneously capturing heavy daily commuter traffic. KEY HIGHLIGHTS & TRAFFIC GENERATORS • Massive Traffic Counts: High-visibility corridor boasts an Average Annual Daily Traffic (AADT) count of 14,000 to 15,000 vehicles, with heavy commuter surges building from 5:00 AM onward. • Built-In Customer Footprint: Bounded on three sides with three traffic lanes opening directly into a turning lane at Hanley Street, offering exceptional access, "up close and personal" road frontage, and potential for a signalized intersection or drive-thru configuration. • Institutional Neighbors: Strategically positioned near massive daily traffic generators including the newly constructed WVU Medicine Medical Center and the sprawling WV State Government Office Campus (housing the DMV, DHHR, WV Workforce, and WVDOH District Headquarters). • Endorsed Site: Formally selected as a preferred business development location by the West Virginia University College of Law Land Use Study. AVAILABLE FUNDING & DEVELOPMENT INCENTIVES Because this property is located within a recognized food desert and a Central Commercial Business zone, a qualifying fresh food or grocery development may unlock substantial federal, state, and local financial assistance: 1 Healthy Food Financing Initiative (HFFI): Eligible for federal HFFI grants, technical assistance, and soft-loan programs specifically designed to fund the construction and startup costs of fresh food retailers in low-access areas. 2 New Markets Tax Credits (NMTC): Located in a census tract positioned for federal tax credits, allowing developers to attract significant equity investment to offset structural costs. 3 West Virginia Economic Development Authority Grants: Access to state-level small business, agricultural, and community infrastructure financing aimed at bolstering regional commerce. 4 Streamlined Local Permitting: Central Commercial zoning allows for versatile development paths, including drive-thru food concepts, convenience infrastructure, or mixed-use commercial space with immediate utility access. IDEAL USE CASES • Small-Format Grocery / DG Market Concept • Fresh-Casual Quick Serve Restaurant (QSR) with Drive-Thru • Healthy Food Hub or Multi-Vendor Community Market footprint • Commercial Corner Convenience Store with Expanded Fresh Food Offerings Secure a high-visibility footprint where your customer base is already waiting for you. Full Solar Options.
Location
State WV
County Randolph
Area Randolph County/Elkins
Zoning Central Commercial Business
Direction Elkins exit to N Randolph Ave. Corner of Hanley St and N Randolph Ave
Exterior
Fence None
Waterfront Description None
View City Lights
Improvements Lot Staked,Sidewalks,Storm Drains
Building
Sewer City Sewer, City Water
Schools
Elementary Schools Elkins Third Ward Elementary
Middle Schools Elkins Middle
High Schools Elkins High
Others
Miscellaneous Under 3 Acres
Nearby Locations
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