Added: May 23, 2024Changed: Aug 21Last Checked: Sep 1 at 8:51PM
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.
A 5.79-acre commercial property is available for sale or lease on Dreibelbis Street in State College, Pennsylvania. The flat lot, which can be subdivided into parcels ranging from 0.5 to 5.79 acres, offers access to public water, sewer, and gas. Situated in the Mall Trade area of College Township, Centre County, it is part of the State College MSA. The location is a few miles northeast of Downtown State College and Pennsylvania State University, near the Nittany Mall, Benner Pike Shops, Walmart, and Sam’s Club. The property is suitable for various commercial uses, including banks, restaurants, offices, retail, light industrial, R&D, medical facilities, churches, schools, and daycare centers. The site is within walking distance of Walmart, Barnes & Noble, Good Will, Perkins, Goodwill, Quaker Steak, Joann Fabric, Rey Azteca, Sheetz, Tractor Supply, Ross for Less, Prospector’s, Taco Bell, and Aldi’s. Easy access is available from Benner Pike or Dreibelbis Street. The surrounding area features a mix of single-family homes, multi-family residences, and student housing developments along the E College/Benner Pike corridor. Shiloh Road, a major thoroughfare from I-99, intersects with Benner Pike and has Sheetz, the Best Western, and UEC Theaters. New residential and retail developments are planned for the coming months in the trade area, which serves the residents of Eastern State College and Bellefonte.
Key Highlights
Prime commercial location bordering Sam’s Club, Walmart, and the Holliday Inn in a high‑traffic area of State College.
Versatile lot with subdivision options ranging from 0.5 to 5.79 acres, suitable for various commercial developments.
Public water, sewer, and gas available, simplifying development and reducing infrastructure costs.
Property Analytics
Property Profile
Current Use
Commercial land
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 16801, PA
42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Commercial land - 5.79-acre commercial lot ideal for various business types.
Where is this commercial land located?
The property is located at Dreibelbis St State College, PA.
What are key features of this property?
This property features: Prime commercial location bordering Sam’s Club, Walmart, and the Holliday Inn in a high‑traffic area of State College.; Versatile lot with subdivision options ranging from 0.5 to 5.79 acres, suitable for various commercial developments.; Public water, sewer, and gas available, simplifying development and reducing infrastructure costs.
Sign in to save this property and pick up where you left off on any device.
See what stands out in this county
We scored every listing in this county against comparable properties nationwide, then flagged the few that stand out. Sign in to see them and the numbers behind each pick.
What we score
Cap Rateavailable after sign in
NOIavailable after sign in
On Marketavailable after sign in
Priceavailable after sign in
Local Demandavailable after sign in
Competing Supplyavailable after sign in
Building Ageavailable after sign in
Opportunity Zoneavailable after sign in
and many more
Save this Search
Sign in to store your filters and reopen this exact search in one click.
Your saved search will be available in your account, and you'll receive email notifications when new matching listings are added.
Your alert feedTurn on new-listing alerts
Sign in to get an email the moment a new match hits the market — no checking back.
Your alert feed
New: 350 Mission StJust listed · $36/SF · 2 min ago