Property profile

4050 Henderson Rd Hickory, PA 15340

OFF-MARKET
Commercial real estate
Property ID
US73-2949875
720 SF 128.96 ac lot Built 1972
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1972
Total area 720 SF
Lot 128.96 ac (5,617,498 SF)
APN 460-005-01-00-0009-00
UPID US73-2949875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4050 Henderson Rd Hickory, PA 15340-1433
Hickory metro Census 722700 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$1.2M
5 recorded transactions
2025
$1.2M
2025
$4,099
2024
Price N/A
2019
$1.5M
2015
$184,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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