8340 Oliver Rd Erie, PA 16509
- Land
- 13.34 lot acres
Current Use by Public Records
- Land
Property Details for 8340 Oliver Rd
- Lot size
- 13.34 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 13.34-acre industrial development opportunity presents a compelling investment prospect. Comprising two parcels situated on Oliver Road, near the J. Robert Baldwin Business Park in Erie, Pennsylvania, this level site boasts 786 feet of road frontage. Its strategic location offers unparalleled access to major transportation arteries, being just 1.2 miles from I-90 (Exit 24) and 3.8 miles from I-79. The property is zoned for industrial use within Summit Township, PA, and benefits from readily available public water and sewer services. Detailed information is available upon request. The asking price is $1,000,500, reflecting a land value of $75,000 per acre. The strong demographics of the area further enhance its appeal, with approximately 15,518 residents within a 3-mile radius and approximately 70,286 within a 5-mile radius. The property's APN is 40-017-073.0-023.02, 40-017-073.0-023.02. This presents a rare chance to acquire a well-positioned industrial land parcel in a thriving area.
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
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.0901
- Latitude
- 42.0361
