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    Westside Sq Dr Mercer, PA 16137

    For Sale
    Contact for pricing

    41 Acres, Prime Development Site, Outlet Mall Adjacent

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 41-acre commercial land parcel presents a remarkable development opportunity in Grove City, Pennsylvania. Situated in Mercer County, at Westside Square Dr, 16137, this flat and prime land boasts an enviable location adjacent to the Grove City Premium Outlets. The Outlets, featuring over 120 stores including high-end brands like Coach, Nike, and Under Armour, attract over 6 million visitors annually, providing significant potential for synergistic development. The property is conveniently located less than half a mile from Interstate 79, offering unparalleled access to major metropolitan areas such as Pittsburgh, Erie, Cleveland, and beyond. Further enhancing its appeal, Grove City College, with its 2,400-student enrollment, is less than four miles away. The property is subdivided into four lots: Lot 6 (1.64 acres), Lot 7 (2.86 acres), Lot 8 (13.43 acres), and Lot 9 (23.21 acres), offering flexibility for various development scenarios. This strategic location and substantial acreage make this property an exceptional investment for developers seeking a high-traffic, high-visibility location with strong demographics. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This is a rare opportunity to capitalize on the thriving retail environment and strong regional connectivity of Grove City.

    Property Features for 0 Westside Sq Dr

    General Information

    Property type
    Land
    Lot Size
    1,785,960 SF

    HighLights

    • 41‑acre commercial land parcel in Grove City, PA.
    • Excellent location adjacent to Grove City Premium Outlets, a major shopping destination with over 6 million annual visitors.
    • High visibility and accessibility due to proximity to I‑79 interchange, offering easy access to major cities.
    • Four individual lots available, ranging from 1.64 to 23.21 acres, providing flexibility for various development options.
    • Located near Grove City College, a significant local institution with 2,400 students.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercer
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.161083498364
    Latitude
    41.141630695652

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    FAQs

    What type of property is this?
    Land - 41 Acres, Prime Development Site, Outlet Mall Adjacent
    Where is this land located?
    The property is located at Westside Sq Dr Mercer, PA.
    What are key features of this property?
    This property features: 41-acre commercial land parcel in Grove City, PA.; Excellent location adjacent to Grove City Premium Outlets, a major shopping destination with over 6 million annual visitors.; High visibility and accessibility due to proximity to I-79 interchange, offering easy access to major cities.
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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
    Westside Sq Dr Mercer, PA 16137
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