Current Use by Public Records
- Land
Property Details for 1028 Benner Pike
- Lot size
- 7.00 lot acres
- Property type
- Land
Description
This exceptional 7-acre commercial land parcel presents a unique investment opportunity in State College, Pennsylvania. Strategically located on busy Benner Pike, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The site is zoned for commercial use and all utilities are readily available. The land can be subdivided into parcels as small as 2 acres, offering flexibility for various development plans. Its prime location offers significant advantages, including proximity to Penn State's main campus (approximately 55,000 students and 10,000 faculty/staff) and the Nittany Mall, ensuring a substantial customer base. High traffic counts on Benner Pike (15,112 vehicles daily), Shiloh Road (15,332), East College Avenue (10,288), and I-99 (33,108) further enhance the property's appeal. Adding to its potential, the land is situated directly in front of a planned 120-room hotel, creating a synergistic environment for future development. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving, high-traffic area with exceptional proximity to a major university and retail center. The flexible parcel sizes and prime location make this an attractive proposition for developers and investors seeking a strong return on investment.
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
- State College
- County
- Centre
- State
- Pennsylvania
- Longitude
- -77.7972
- Latitude
- 40.8411
