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Property profile & analytics
OFF-MARKET
Land

1028 Benner Pike State College, PA 16801

7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7 ac (304,920 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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