5730 Morgantown Rd Morgantown, PA 19543
This exceptional 31.4-acre commercial land parcel in Berks County, Pennsylvania, presents a unique investment opportunity. Located at 5730 Morgantown Road, this property boasts a General Commercial (GC) zoning designation, offering significant development potential. The land is situated less than one mile from a newly approved 5.5 million square foot industrial park on Route 10, the Southern Berks Industrial Park, with the first phase (2.65 million square feet) slated for completion in late 2024. This proximity ensures strong future growth and high demand. Utilities are readily available, with a 12-inch PVC water main running along Route 10 and public sanitary sewer service near Grave Boulevard and Route 10. The property is partially wooded and offers easy access to major transportation arteries, including I-76 and Routes 10 and 23. Its strategic location also places it just 2.5 miles from the Hollywood Casino, close to retail shopping, hotels, and within the Twin Valley School District. The asking price is $5,600,000, translating to approximately $178,401 per acre. This represents a compelling investment in a rapidly developing area with excellent infrastructure and accessibility. Don't miss this chance to acquire a prime piece of commercial real estate in a high-growth region.
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HoverTrowel Distribution Center Logistics Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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