TREETOP PROPERTY DEVELOPMENT, FAYETTE COUNTY, WEST VIRGINIA

OVERVIEW Treetop Property Development is a 7.71-acre mixed-use tract of land located in scenic Fayette County, West Virginia. Home to the New River Gorge National Park and Preserve, Fayette County offers exceptional recreational and business opportunities. Treetop Property Development is situated between the Town of Fayetteville and the City of Oak Hill, which further diversifies the potential uses for this property. The property is ready for commercial or residential development with crucial infrastructure in place. Electric (including 3-phase power), water, sewer and natural gas are available roadside, providing essential needs for any construction. Treetop Property Development is an opportunity to acquire a versatile property in a flourishing area. HIGHLIGHTS *7.71-acre tract of land offering a diversity of uses *Zoned P-D, which offers flexible, site-specific designation that allows developers to mix land uses (for example, commercial and residential) within a single project. *Potential uses include, but are not limited to: single family or multiple residences, commercial business, cabin/campground development, and light industrial. *Strategically located less than 1/2 mile off of U.S. Route 19, a major North-South 4-lane road artery generating constant traffic movement *Located at the entrance of the Wolf Creek Business Park and has direct access to Nick Rahall Greenway *Utilities, including electric, water, sewer, and natural gas located roadside *Conveniently located between Fayetteville and Oak Hill with Summersville and Beckley nearby *City amenities all within a 5-mile radius of this property in Fayetteville and Oak Hill *Many recreational opportunities at New River Gorge National Park and Preserve and nearby Summersville Lake and Recreation Area *West Virginia's newest State Park - Summersville Lake State Park is 20 minutes away. *Babcock and Hawks Nest State Parks also found in Fayette County, WV *Four season climate - the fall of the year is spectacular and summers warm and breezy *Within 60 minutes from Charleston, the State Capitol and West Virginias largest city *An easy drive to higher population areas of Charleston WV, Beckley WV, and Lewisburg WV *Jet airports in Lewisburg, Beckley and Charleston, WV LOCATION Google Coordinates: 38.15658 (N), -81.117480 (W) Address: Nick Rahall Greenway, Fayetteville, WV 25840. A 911 address has not yet been assigned. Elevation Range: +/-1,880 to +/-1,920 UTILITIES Water: WV American Water Company Sewer: City of Oak Hill Electricity: American Electric Power (AEP) Gas: Mountaineer Gas Cellphone Coverage: AT&T coverage is good ZONING Planned Development (P-D) zoning is a flexible, site-specific zoning designation used to encourage innovative, mixed-use projects that do not fit conventional zoning regulations. It allows developers to propose tailored designs (for example, combining residential and commercial) that improve land use, protect natural features, and offer superior amenities in exchange for higher density or design flexibility. Fayette County and towns are subject to zoning and subdivision regulations. All prospective buyers should consult Fayette County Planning and Zoning and the Fayette County Health Department for details regarding zoning, building codes, and installation of water wells and septic systems. ACCESS/FRONTAGE The property is accessed by Nick Rahall Greenway off Route 16 (Court Street.) RECREATION Treetop Property Development offers nearby access to unparalleled recreational opportunities. Numerous recreational activities are anchored by the New River Gorge National Park and Preserve and nearby Summersville Lake and Recreation Area. Water-sports enthusiasts will find these waters ideal for boating, whitewater rafting, swimming, canoeing, fishing, kayaking, tubing, snorkeling, paddle boarding and windsurfing. Fishing Great fishing is found in the New River and Summersville Lake with bass (largemouth, smallmouth, and rock), flathead catfish, channel catfish, muskie and bluegill present in good numbers. The Cherry and Cranberry Rivers in the Monongahela National Forest offer some of the best trout fishing in West Virginia. These waters are stocked with beautiful rainbow, brook, and golden trout several times throughout the spring months and stocked in the fall as well. Rock Climbing Along the gorge of the Meadow River between Fayetteville and Summersville, WV, the Meadow River Climbing area is one of the fastest growing climbing areas in West Virginia. More than 450 routes ascend its highly featured cliffs of Nuttall Sandstone, which also outcrops in the nearby New River Gorge and Summersville Lake climbing areas. Much of the Meadow River climbing area is still being explored, which is part of its allure. Nature viewing is first in line of recreational activities. Attentive wildlife management has been geared not to just larger animals. Equal consideration has been extended to increasing the numbers and diversity of species including neo-tropical songbirds, butterflies, turtles, frogs, rabbits, chipmunks, dragonflies, owls, eagles, and hawks. White tail deer, black bear, beaver, red/gray fox, bobcat, wild turkey, grouse, duck, squirrel, raccoon, fox, and rabbit make up the resident wildlife population. It is hard to find an area that has a better mix of wildlife. Mountain Biking and Hiking The New River Gorge National Park and Preserve, Needleseye Park, and the Summersville Lake Recreational Area contain miles of trails that may be used for mountain biking and hiking. The area also offers several State Parks and the Monongahela National Forest geared for these activities as well. MINERAL RESOURCES West Virginia is one of the states in the United States that has two separate ownership titles; those being surface right and mineral rights. Ownership of mineral rights appears to have been severed by prior deeds since the property is taxed as surface. All rights the owner has will convey with the property. A mineral title search could be conducted by a title attorney at the same time when the surface title search is being conducted. BOUNDARIES AND SURVEY Treetop Property Development was surveyed by Westlake Inc., Professional Surveyor Jack Booda, in March 2019. The survey plat and corresponding metes and bounds description can be found in the Office of the County Clerk of Fayette County in Deed Book 787 Page 135. The property is being sold by the boundary and not by the acre. DEED and TAX INFORMATION Deed Information: DB 787 Pg. 135 Fayette County, West Virginia Acreage: 7.71 acres Real Estate Tax ID/Taxes: Fayette County, West Virginia Plateau District (02) Tax Map 7S Parcel 10; Tax Class 3 2025 Total Real Estate Taxes: $514.26 SURROUNDING AREA FAYETTEVILLE, WV Fayetteville, West Virginia, with a population of just below 3,000, was listed as one of the 2006 Top 10 Coolest Small Towns in America by Budget Travel Magazine and as Best River Town 2013 by Blue Ridge Outdoors magazine. Fayettevilles historic district is both charming and one of the most attractive locations for outfitters shops, boutique shops, and specialty restaurants in West Virginia. More than a dozen antiques shops were operating in the Fayetteville area in summer 2017, and five independent restaurants in the district were offering an outstanding selection of unique cuisine. OAK HILL, WV Oak Hill is Fayette Countys largest municipality with a population of just over 8,000 residents. Known as a gateway to the New River Gorge National Park and Preserve, Oak Hill is a hub for outdoor adventures such as whitewater rafting, hiking and rock climbing. Oak Hill also offers a charming Appalachian small-town vibe with local shops and history. Its proximity to Americas 63rd National Park makes it a prime base for exploring the areas natural beauty. NEW RIVER GORGE NATIONAL PARK AND PRESERVE AMERICAS NEWEST NATIONAL PARK! One of the most exciting destinations for hiking, biking, climbing, and paddling in the eastern United States, the New River Gorge National Park and Preserve was established by the National Park Service in 1978 and includes more than 80,000 acres in and adjacent to the New River Gorge and the valley of the New River. More than a million visitors annually climb rocks along the rim of the gorge near Fayetteville and paddle its whitewater runs on the New River and its tributaries. Countless miles of hiking and biking trails wander the park and climb into the surrounding mountains. The nearby Gauley River National Recreation Area likewise attracts thousands of tourists annually, notably rafters during Gauley Season in autumn when the river runs strong. NEW RIVER The New River is shared by boaters, fisherman, campers, park visitors, and local neighbors. The New River is recognized as the second oldest river in the world and is estimated to be between 10 and 360 million years old. Its headwaters begin near Blowing Rock, NC and is one of the few rivers in North America that flows northerly. Class I, II, III, IV and V rapids dot the entire 320 miles of New River making it a great paddling, tubing, and white-water rafting adventure. Beautiful cliffs, bluffs, and mountain views make it one of the most scenic rivers on the east coast. New River Gorge National River includes 53 miles of free-flowing New River, beginning at Bluestone Dam and ending at Hawks Nest Lake. The New River typifies big West Virginia style whitewater. Within the park it has two very different characters. The upper (southern) part of the river consists primarily of long pools, and relatively easy rapids up to Class III. It is a big powerful river, but very beautiful, always runnable, and providing excellent fishing and camping. There are multiple river access points, and trips can run from several hours to several days. The lower (northern) section of river is often referred to as the Lower Gorge. In a state that is justifiably renowned for colossal rapids,