380 AC Site with 180± Developable AC at Major Interchange

Highlights:

• One of the largest development sites available in West Virginia – no new zoning required
• 77± AC (of the 180 developable AC) shovel-ready for development
• Tremendous visibility from I-79 & direct access points off U.S. Route 50
• Schematic site plans produced & available
• Various incentives potentially available:
• - Harrison County TIF District proposed
• - AML funding possible
• - New Markets Tax Credit (NMTC) qualified
• 773,000 households & 62,600 businesses within 100 mile radius

Description:

Bankruptcy Sale: Western District of Pennsylvania (Pittsburg). Petition No: 22-21375-TPA | In re: RLI Solutions Company
Bid Deadline: June 19
On-Site Inspections: By Appointment Only

This sale offers a fantastic opportunity to acquire a truly unique site, which can be developed without zoning restrictions. Located in Clarksburg, West Virginia, all 180± developable acres sit at the intersection of I-79 and U.S. Route 50 – the second busiest intersection in the state, with 80,000 vehicles daily.

The offering is currently one of the largest unzoned developable sites available in the state. Existing schematic plans call for a mix of retail, mixed-use and industrial development parcels. Various incentives may be available, including TIF, AML and NMTC.

Clarksburg, West Virginia is ideally located at the intersection of U.S. Route 50 and Interstate 79 in West Virginia, positioning it midway between Pittsburgh, PA and Charleston, WV on I-79 and midway between Washington, D.C. and Cincinnati, OH on US-50. Relatively low unemployment, affordable land and the presence of well known organizations like the FBI and the Department of Defense attracts biometric contractor companies, making the county a trailblazer in technological advancement throughout the state. Clarksburg is currently experiencing retail growth, with both New Pointe Plaza and Eastpointe Shopping Center both opening in the last few years, featuring national retailers like Walmart, Sams Club, Starbucks, Chick-Fil-A and Lowe’s Home Improvement.

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