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    Rishel Hill Rd Bellefonte, PA 16823

    For Sale
    Contact for pricing

    Prime Industrial Land Near I-99

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 76.8-acre property presents a significant development opportunity in Centre County, Pennsylvania. Located in Bellefonte, near the I-99 Bellefonte exit and just 7 miles from I-80, this mostly flat lot offers unparalleled access to major transportation arteries. The site boasts 57.2 acres zoned for industrial use in Benner Township and an additional 19.6 acres zoned agricultural in Spring Township. Utilities are readily available. The property enjoys a strategic location adjacent to Penn Eagle Industrial Park, with a 60-foot right-of-way providing direct access. It's also within a mile of Benner Commerce Park and proximate to Benner Pike, an area experiencing significant recent growth, including new retail establishments (Rutter's, Dunkin' Donuts, Giant Plaza) and residential developments. This versatile land parcel is ideally suited for a variety of uses, including a business park, manufacturing plant, distribution center, brewery/winery, recreational facility, townhomes, commercial ventures, healthcare facilities, dispensary, or warehouse/storage units. The property's size and location make it an exceptional investment opportunity in a thriving area.

    Property Features for 0 Rishel Hill Rd

    General Information

    Property type
    Land
    Lot Size
    3,345,408 SF

    HighLights

    • 76.8‑acre land parcel in Bellefonte, PA.
    • Zoned Industrial (57.2 acres) with additional 19.6 acres zoned Agricultural.
    • Located off I‑99 exit, 7 miles from I‑80, offering excellent access to major transportation routes.
    • Adjacent to Penn Eagle Industrial Park with a 60' right‑of‑way.
    • Close proximity to Benner Commerce Park and recent developments along Benner Pike.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bellefonte
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.7711349
    Latitude
    40.8808109

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land Near I-99
    Where is this land located?
    The property is located at Rishel Hill Rd Bellefonte, PA.
    What are key features of this property?
    This property features: 76.8-acre land parcel in Bellefonte, PA.; Zoned Industrial (57.2 acres) with additional 19.6 acres zoned Agricultural.; Located off I-99 exit, 7 miles from I-80, offering excellent access to major transportation routes.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rishel Hill Rd Bellefonte, PA 16823
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