ONLINE REAL ESTATE AUCTION!
PARTIAL SELLER FINANCING!
2.11± ACRES OF PRIME I-79 COMMERCIAL REAL ESTATE
TBD Landing Lane, Pleasant Valley (Fairmont), West Virginia
(Property address is to be determined. As a location reference, please use neighboring address of 2256 Landing Lane, Pleasant Valley, WV 26554)
PARTIAL SELLER FINANCING AVAILABLE!
The Seller will offer partial financing in an amount equal to ten percent (10%) of the final purchase price, at a fixed interest rate of five percent (5%) per annum, with interest-only payments for a term of two (2) years.
Prospective purchasers should contact the Auctioneer directly for complete seller-financing terms, conditions, and additional information.
I-79 EXIT 133 • EXCEPTIONAL INTERSTATE VISIBILITY
An exceptional commercial development and investment opportunity along the Interstate 79 corridor in North Central West Virginia!
Offered at online auction is 2.11± acres of level commercial real estate immediately off Interstate 79 at Exit 133 (Kingmont Road).
Featuring direct interstate visibility, convenient highway access, level topography, and an established commercial setting, this property presents an outstanding opportunity for developers, investors, owner-users, retailers, restaurant operators, hospitality groups, and commercial land investors seeking a strategic location within the Fairmont market and greater North Central West Virginia region.
LOCATION • VISIBILITY • ACCESS
The property's location is its defining feature.
Situated immediately along the I-79 corridor and only seconds from Exit 133, the property benefits from excellent interstate exposure while providing convenient access to one of the Fairmont area's established commercial interchanges.
The Exit 133 area is already home to an established concentration of hotels, restaurants, fuel and convenience businesses, and other commercial uses, generating activity from both the local market and interstate travelers.
Nearby businesses include Cracker Barrel Old Country Store, Holiday Inn Express & Suites, Hampton Inn Fairmont, Super 8, A&W, and multiple fuel and convenience locations, together with numerous additional commercial businesses throughout the Pleasant Valley and Fairmont market.
Rather than acquiring land in anticipation that commercial development will eventually reach the area, the successful bidder will acquire property within an existing interstate commercial environment with established national and regional businesses already operating nearby.
STRATEGIC NORTH CENTRAL WEST VIRGINIA LOCATION
Pleasant Valley and Fairmont occupy a strategic location along Interstate 79, the primary north-south transportation corridor connecting many of North Central West Virginia's principal commercial and population centers.
From the property, I-79 provides convenient regional connectivity to Fairmont, Morgantown, Bridgeport, and Clarksburg, positioning the site to serve both the immediate Marion County market and the broader North Central West Virginia region.
The location also benefits from its proximity to Morgantown and West Virginia University to the north, while maintaining immediate access to the Fairmont market.
PROPERTY HIGHLIGHTS
2.11± Acres
Offered in its entirety as one commercial tract
Level / Flat Topography
Direct Interstate 79 Visibility
Only seconds from I-79 Exit 133 — Kingmont Road
Established interstate commercial interchange
Near Cracker Barrel Old Country Store
Near Holiday Inn Express & Suites
Near Hampton Inn Fairmont and Super 8
Multiple nearby fuel and convenience locations
Convenient regional access to Fairmont, Morgantown, Bridgeport, and Clarksburg
Strategically positioned along the I-79 corridor through North Central West Virginia
Landing Lane identified by the City of Pleasant Valley as a Preferred Development Area
Area identified as mixed use in the City's Comprehensive Plan
Potential for a variety of future commercial development concepts, subject to applicable zoning, permitting, utilities, access requirements, and governmental approvals
Tax Parcel Information:
The property is located in Marion County, West Virginia, District 22 (Pleasant Valley Corp), as follows:
Tax Map No. 49
Parcel Number 108
Bid your price on a this property! To Bid, click the "Bid Online Now" tab on the upper left-hand side of this page.
Property tours are available by appointment. For More Information, Call Matt Gutta Directly at 304-288-0531
Matt Gutta Auction and Realty Service, LLC
Matthew S. Gutta, Auctioneer and Real Estate Broker
W.Va. Auctioneer License No.: 2493
W.Va. Real Estate Broker License No.: WVB240301049
Please read all Terms and Conditions. A 10% Buyer's Premium will be added to the final bid amount and will be due by the winning bidder at the time of the Auction. Thus, the final bid amount, together with the Buyer’s Premium, will constitute the total purchase price of the property.
Welcome to the auction! The auction will be conducted by Matt Gutta Auction and Realty Service, LLC (“Auctioneer”) on behalf of the owner of the real estate (“Seller”). The real estate offered for sale at auction (“Real Estate”) is described in the tax map and parcel format within the property listing on Auctioneer's website.
Any person who registers or bids at this Auction (“Bidder”) agrees to be bound by these Terms and Conditions, the auction announcements, and, in the event that Bidder is the successful bidder, the Contract for Purchase and Sale. A bid placed by Bidder will be deemed conclusive proof that Bidder has read, understands, and agrees to be bound by these Terms and Conditions.
Real Estate is offered at public auction in its present, as is, where is condition and is accepted by Bidder without any expressed or implied warranties or representations from Seller or Auctioneer. The Real Estate is not offered contingent upon inspections. If Bidder requires inspections, such inspections must be coordinated with Auctioneer and completed prior to closing. Unless otherwise stated, only the surface rights shall convey. This sale does not include coal, oil, gas or other minerals.
It is incumbent upon Bidder to exercise Bidder’s own due diligence, investigation, and evaluation of suitability of use for the Real Estate prior to bidding. Any information provided by Seller or Auctioneer has been obtained from a variety of sources deemed to be credible. Any photos used in the advertising materials may depict the property, but may not be representative of the current state or condition of the property. To the extent that tax map or parcel viewer images are used in the advertising materials, Bidder shall not rely on depicted property lines in such images as they are not deemed to be representative of actual property boundaries. Seller and Auctioneer have not made any independent investigation or verification of the information and make no representation as to its accuracy or completeness. In bidding on the Real Estate, Bidder is relying solely on Bidder’s own due diligence and investigation of the Real Estate and not on any information provided or to be provided by Seller or Auctioneer. Notwithstanding anything herein to the contrary, to the extent any warranties or representations may be found to exist, the warranties or representations are between Seller and Bidder. Auctioneer may not be held responsible for the correctness of any such representations or warranties or for the accuracy of the description of the Real Estate.
The Real Estate is not offered contingent upon financing or appraisal. If an appraisal is desired after the acceptance of the winning bid, such request may be made directly to Auctioneer.
Information pertaining to this auction may be updated from time to time on Auctioneer’s website. Bidder is solely responsible for monitoring Auctioneer’s website prior to the conclusion of bidding to obtain any such updates, or assumes the risk of not having done so. Auction announcements, postings or notifications shall take precedence over anything previously stated or printed, including these Terms and Conditions.
A 10% buyer’s premium ($3,000.00 minimum) will be added to the final bid amount. The final bid amount, together with the buyer’s premium, will constitute the total purchase price of the Real Estate.
If Bidder is the successful bidder, Bidder must immediately execute the Real Estate Sale and Purchase Contract (“Contract”). A nonrefundable earnest money deposit equal to 10% of the total purchase price shall be made by Buyer to Auctioneer in the form of cash, check, ACH or immediately available, certified funds by 4:00 p.m. (EST) on the business day following the auction. All checks shall be made payable to “Matt Gutta Auction Trust Account.” In the event that Bidder fails to pay the aforementioned earnest money deposit by the time set forth above, Seller may terminate the Contract and proceed forward with selling the Real Estate to another buyer in addition to exercising all other rights Seller may have under these Terms and Conditions. The balance of the purchase price will be due in immediately available, certified funds at closing on the specified closing date. The transaction for the sale/purchase of the Real Estate must close within 60 calendar days of the date of the auction, or as otherwise agreed to by Seller and Bidder.
Wire Transfer Notice: Buyer will never be instructed to initiate a wire transfer for any purpose related to this transaction without the mutual agreement between Buyer and Auctioneer. Buyer shall be vigilant for wire fraud scams and shall always verbally confirm wire instructions with either Auctioneer or closing attorney prior to initiating a wire transfer. Auctioneer’s trust account is held with United Bank in West Virginia and the name of the account is “Matt Gutta Auction Trust Account.” Thus, if Auctioneer and Buyer mutually consent to the initiation of a wire transfer, Auctioneer will never direct Buyer to initiate a wire transfer to any account other than the account specified above.
Bidder’s bid constitutes an irrevocable offer to purchase the Real Estate and Bidder will be bound by said offer. If the successful Bidder fails or refuses to execute the Contract for Purchase and Sale, Bidder acknowledges that, at the sole discretion of Seller, these Terms and Conditions together with the Contract for Purchase and Sale executed by the Seller are to be construed together for the purposes of satisfying the statute of frauds and will collectively constitute an enforceable agreement between Bidder and Seller for the sale and purchase of the Real Estate.
Auctioneer is acting solely as agent for Seller and not as an agent for Bidder. Auctioneer is not a party to any contract for purchase and sale between Seller and Bidder. In no event will Auctioneer be liable to Bidder for any damages, including incidental or consequential damages, arising out of or related to this auction, the Contract for Purchase and Sale, or Seller’s failure to execute or abide by the Contract for Purchase and Sale.
Neither Seller nor Auctioneer, including its employees and agents, will be liable for any damage or injury to any property or person at or upon the Real Estate. Any person entering on the Real Estate assumes any and all risks whatsoever for their safety and for any minors or guests accompanying them. Seller and Auctioneer expressly disclaim any “invitee” relationship and are not responsible for any defects or dangerous conditions on the Real Estate, whether obvious or hidden.
Auctioneer may, in its sole discretion, reject, disqualify, or refuse any bid believed to be fraudulent, illegitimate, not in good faith, or made in violation of these Terms and Conditions or applicable law. Bidder represents and warrants that they are bidding on their own behalf and not on behalf of or at the direction of Seller. Bidder warrants and represents that Bidder is at least 18 years of age and are fully authorized to bid.
Bidder uses the online bidding platform at Bidder’s sole risk. Auctioneer is not responsible for any errors or omissions relating to the submission or acceptance of online bids. Auctioneer makes no representations or warranties as to the online bidding platform’s uninterrupted function or availability and makes no representations or warranties as to the online bidding platform’s compatibility or functionality with Bidder’s hardware or software.
Broker/agent participation is invited. Broker/agents must fulfill the responsibilities and obligations set forth in the Broker Registration Form to qualify for a cooperation/referral fee. To register, the completed form must be received and registered with Auctioneer no later than 5 p.m. on the business day prior to the auction. In the event they have not fulfilled the requirements for participation, you may be responsible for the financial obligations with them. Brokers/agents are not eligible for a commission if they are the buyer.
The Real Estate is offered for sale to all persons without regard to race, color, religion, sex, handicap, familial status, or national origin.
