Penntech Dr

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Penntech Dr

0 Penntech Dr, Bellefonte, PA 16823

For Sale

11.07 AC

Penntech Dr

0 Penntech Dr, Bellefonte, PA 16823

For Sale

11.07 AC

Property Details

Lot Size:

11.07 AC

No. Lots:

1

Property Type:

Retail, Land, Special Purpose, Industrial, Office, Multifamily, Medical, Flex, Commercial

Zoning:

Industrial

Price:

$994,000

Property Highlights

11 acres
Immediately off I-99 on the Bellefonte exit
Zoned industrial with flexible zoning opportunities
Located in the Bellefonte Trade area
4 minutes from State College

Project Description

Stake your claim in Benner Commerce Park with this 11-acre development opportunity. The lot has prime visibility from I-99 with over 30,000 vehicles per day. It is zoned Industrial, but it has a plefora of approved uses such as commercial uses, residential mixed-use, warehousing, manufacturing, labs, healthcare uses, hotels, power equipment or RV sales, solar generation, garage, self storage, sports and recreation uses, and many other conditional uses.

This land is ideal for someone looking to build and develop new space with easy access to a major highway. The proximity to I-99 makes for a promising distribution network as there is easy access from the highway on Venture Dr. A one million sf, fulfillment center is in the permitting phase neighboring this lot. Join the other businesses in the Benner Commerce Park and Penn Eagle Industrial Park with this great opportunity

Location Description:

Location Description: The lot is located in Benner Township and just off the Bellefonte exit of I-99. It is just 4 minutes to State College and 2 minutes to Bellefonte. The University Park Airport is just 15 minutes away.

Trade Area Description:

Benner Township, which is on the northeastern portion of State College and in Bellefonte, is part of the State College MSA. It is the home of Benner Commerce Park and Penn Eagle Industrial Park along with many recent housing developments. Benner Township is one of the fast-growing portions of Centre County. Centre County has 158,172 people and 57,573 households.

The State College region is an excellent place for business and industry. It’s one of the most educated US cities with 63% of the population having a degree. The job growth is estimated at 1.6% and is predicted to grow over the next 10 years to 35.45%. Happy Valley has also been ranked as “The Best Places for Business and Careers” along with many other honors making it a top location to live, work, and play in the northeast.