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    Hicks Rd Renfrew, PA 16002

    Sponsored
    For Sale
    $5,100,000

    Massive 281-acre site, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 281-acre development opportunity is strategically located along Route 8 at Hicks Road in Butler County, Pennsylvania. The property boasts a prime location approximately four miles south of Butler, fourteen miles north of the Pennsylvania Turnpike, and a convenient twenty-five-mile radius from Pittsburgh. This expansive parcel offers a unique blend of zoning designations, catering to a diverse range of development possibilities. A significant portion, approximately 192.6 acres, is zoned for light industrial use, presenting an ideal platform for manufacturing, warehousing, or distribution facilities. Additionally, 43.7 acres are designated for highway commercial development, perfect for retail, hospitality, or office spaces. Finally, approximately 42.7 acres are zoned for residential or conservancy purposes, allowing for the incorporation of residential components or the preservation of natural areas. The asking price for this substantial landholding is $5,100,000. The varied zoning and strategic location make this property an exceptional investment opportunity with significant potential for future growth and development. This is a rare chance to acquire a large-scale development site in a thriving region of Pennsylvania. Detailed zoning information is available upon request.

    Property Features for 0 Hicks Rd

    General Information

    Property type
    Land
    Lot Size
    12,240,360 SF

    HighLights

    • 281‑acre land parcel available for sale.
    • Convenient location: 4 miles south of Butler, PA, 14 miles north of the PA Turnpike, and 25 miles from Pittsburgh.
    • Zoned for diverse uses.
    • 43.7 acres zoned Highway Commercial.
    • 192.6 acres zoned Light Industrial.
    • 42.7 acres zoned Residential/Conservancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Renfrew
    County
    Butler
    State
    Pennsylvania
    Longitude
    -79.9275765
    Latitude
    40.8128083

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    FAQs

    What type of property is this?
    Land - Massive 281-acre site, prime location.
    Where is this land located?
    The property is located at Hicks Rd Renfrew, PA.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: 281-acre land parcel available for sale.; Convenient location: 4 miles south of Butler, PA, 14 miles north of the PA Turnpike, and 25 miles from Pittsburgh.; Zoned for diverse uses.
    Request Owner's contact information
    Hicks Rd Renfrew, PA 16002
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    Renfrew, PA 16002
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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
    Hicks Rd Renfrew, PA 16002
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