0 Hicks Rd Renfrew, PA 16002
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.