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Industrial Land Opportunity
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Pending

Rishel Hill Rd, Bellefonte, PA 16823

Large industrial development opportunity near I-99 and I-80.

Property SizeContact for details
Lot Size76.80 Acres
Days on Market1549

Property Features for Rishel Hill Rd

General Information

Standard status Pending
Lot size 76.80 Acres
Property subtype Land
Zoning Industrial
Listing Agency: Bennett Williams Commercial
Listed By: Luke Higgins · License #PA RS369238
Source: Crexi
Added: Jun 16, 2022 Changed: Aug 8 Last Checked: Sep 11 at 7:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial

Investment Insights

Based on property information with market context.

This 76.8-acre property presents a large development opportunity within Centre County's largest industrial area. The site includes 57.2 acres zoned industrial in Benner Township and an additional 19.6 acres zoned agricultural in Spring Township. The mostly flat lot is situated just off the Bellefonte exit of I-99 and is 7 miles from I-80. All utilities are located nearby. The lot neighbors Penn Eagle Industrial Park, with a 60’ right of way into the Park, and is one mile from Benner Commerce Park, which has a future 1 million square foot fulfillment center planned in 2024, and the new 100-acre Amazon distribution facility. The property is also near Benner Pike, which features recent developments such as Rutter's, Dunkin Donuts, WaWa, Tru Hotel by Hilton, the Giant Plaza, and McDonald’s, along with new housing developments. This location is suitable for a new business park, manufacturing plant, distribution centers, brewery/winery, recreational facility, townhomes, commercial uses, healthcare uses, dispensary, and warehouse/storage units.

Key Highlights

  • Prime location in Centre County's largest industrial area with easy access to I‑99 and proximity to I‑80.
  • Large development opportunity with 76.8 total acres, including 57.2 acres zoned industrial.
  • Immediate adjacency to Penn Eagle Industrial Park with a 60’ right of way.

Property Analytics

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Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 16823, PA

29,345
Population
11,679
Households
2.5
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
124.3 sq mi
ZIP Area
236
Density / Sq Mi
$75,717
Median Household Income
$41,842
Median Earnings
$1,013
Median Rent
$258,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial development opportunity near I-99 and I-80.
Where is this industrial land located?
The property is located at Rishel Hill Rd Bellefonte, PA.
What are key features of this property?
This property features: Prime location in Centre County's largest industrial area with easy access to I‑99 and proximity to I‑80.; Large development opportunity with **76.8 total acres**, including 57.2 acres zoned industrial.; Immediate adjacency to Penn Eagle Industrial Park with a 60’ right of way.
(717) 843-5555 Call to check price and availability
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