238 Tollgate Road

Property Details

Project Description

238 Tollgate Road is a +/- 4-Acre parcel that offers an excellent redevelopment opportunity for a buyer looking for an investment property in the heart of Somerset, PA. This +/- 4-acre parcel sits at the entrance to the Pennsylvania Turnpike (I-76) (±23,000 VPD). Additionally, this parcel has convenient proximity to Route 601 (±16,000 VPD) which serves as the main throughfare from Somerset to Johnstown. 238 Tollgate Road has convenient proximity to a multitude of retailers such as Starbucks, Arby’s, McDonalds, Sheetz, Advance Auto Parts and more! This site would be an ideal location for a convenience/fueling station, fast food, hospitality, medical and more!

Location Description:

238 Tollgate Road is strategically positioned in the heart of the Somerset market with immediate access to the Pennsylvania Turnpike (±23,000 VPD) and Route 601 (±16,000 VPD). The site benefits from the high-volume traffic flow of I-76 (±23,000 VPD), making this site a very attractive parcel for retailers.

Trade Area Description:

Adding to the stability of the project, 238 Tollgate Road shows a 15-minute drive time demographic of over 19,732 people with household incomes of more than $51,467 and daytime employment demographics equally as strong with 13,704. The demographics within a 5-mile radius include 17,918 people in 6,348 homes, a labor force of 15,701 with an average household income of $64,228. The area’s growth since 2000 has increased over 9.1% with over 643 new homes.

Property Location: