550 Hyde Park Rd Leechburg, PA 15656
- Land
- 68.00 lot acres
Current Use by Public Records
- Land
Property Details for 550 Hyde Park Rd
- Lot size
- 68.00 lot acres
- Property type
- Land
Description
This exceptional 68-acre parcel in Leechburg, Pennsylvania, presents a unique investment opportunity. Located at 550 Hyde Park Rd, 15656, Westmoreland County, this property boasts dual zoning designations: Multi-Family and Commercial Retail. This allows for a diverse range of development possibilities, including high-density residential projects ideal for 55+ communities, townhomes, single-family homes, retail spaces, and various commercial ventures. The site's strategic location offers excellent accessibility and visibility. All necessary utilities are readily available, either directly on or adjacent to the property. The surrounding area features a robust retail landscape, with established businesses such as Big Lots, McDonald's, Giant, Peebles, Subway, Advance Auto Parts, Pizza Hut, and Taco Bell nearby, indicating strong consumer demand and market viability. The asking price is $925,000, translating to $13,400 per acre. This represents a compelling value proposition for developers seeking a substantial land holding with significant upside potential in a thriving community. The property's latitude and longitude coordinates are 40.6087252 and -79.6037325 respectively. This is a rare opportunity to acquire a large tract of land with flexible zoning in a desirable location.
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
- Leechburg
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.6037
- Latitude
- 40.6087