4050 Henderson Rd Hickory, PA 15340-1433
- Commercial real estate
- 720 SF
- 128.96 lot acres
Mar 30, 2025
Current Use by Public Records
- Commercial real estate
Property Details for 4050 Henderson Rd
- Year built
- 1972
- Lot size
- 128.96 lot acres
- Property size
- 720 SF
- Property type
- Commercial real estate
- APN
- 460-005-01-00-0009-00
- APU
- 4600050100000900
Description
This exceptional 128.96-acre property in Hickory, Pennsylvania (zip code 15340), offers a unique investment opportunity. Priced at $2,000,000, the fee-simple ownership includes a five-building light industrial complex totaling 20,200 square feet. Constructed between 1990 and 2018, these buildings are in average condition and currently 95% occupied by three tenants on short-term leases. A small portion of the land is leased for truck parking. Note that a perpetual easement grants Range Resources the right to operate a gas and oil well on approximately 20 acres. The remaining 97 acres comprise a former golf course zoned A-1 (Agriculture), presenting potential for future low-density agricultural or residential development. The single-story complex sits on a large lot and offers significant potential for redevelopment or repurposing given its size and location. The property's total square footage is 5,617,498 square feet. This presents a rare blend of existing income-generating assets and substantial undeveloped land with significant upside potential. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hickory
- County
- Washington
- State
- Pennsylvania
- Longitude
- -80.3242
- Latitude
- 40.2804
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA