Current Use by Public Records
- Warehouses
Property Details for 0 Innovation Dr
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 800,000-square-foot Class A warehouse is situated in the Sterling Business & Technology Park in Lake Ariel, Pennsylvania, offering unparalleled logistical advantages. Located at Innovation Drive, Sterling Township, Wayne County, zip code 18436 (41.3670766, -75.3860566), this single-story, single-unit building provides ample space for distribution and warehousing operations. The property benefits from a favorable zoning designation specifically for warehouse and distribution uses. Public water and sewer services are readily available, ensuring seamless operations. The strategic location provides excellent access to major transportation arteries, including Interstates 84 and 380, facilitating efficient regional and national distribution. This prime location offers significant advantages, placing the property within a two-hour drive of New York City, Philadelphia, and Harrisburg, and within a one-day drive of 60% of the U.S. population. Further enhancing its appeal, the property is eligible for KOZ Tax Incentives extending through 2031, offering substantial financial benefits to the owner. This presents a rare opportunity to acquire a high-quality, strategically located industrial asset with significant long-term potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Ariel
- County
- Wayne
- State
- Pennsylvania
- Longitude
- -75.3861
- Latitude
- 41.3671
