Third St Morrisville, PA 19067
- Land
- 63,162 SF
- 1.45 lot acres
Current Use by Public Records
- Land
Property Details for 0 Third St
- Lot size
- 1.45 lot acres
- Property size
- 63,162 SF
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.45-acre industrial land parcel, located at 3rd St in Morrisville, Pennsylvania (APN 13-048-041-001), presents a compelling value-add investment opportunity. Zoned for heavy industrial use, this fee simple property offers 63,162 square feet of development potential, priced at $17.42 per square foot for a total asking price of $1,100,000. The pro-forma cap rate is projected at 11.31%. Its strategic location along the I-95 corridor provides unparalleled access to major transportation arteries, including Route 1 and Route 13, facilitating seamless connectivity to Philadelphia, Trenton, and Wilmington. This prime location is ideal for a variety of industrial uses, including office buildings, manufacturing facilities, distribution centers, warehouses, and transportation terminals. The property's size and zoning make it a highly attractive prospect for developers seeking a lucrative investment in a thriving industrial market. This is a single-tenancy property offering significant upside potential for the discerning investor. The property is situated in Bucks County, Pennsylvania, with a zip code of 19067.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morrisville
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.767
- Latitude
- 40.1949
