For Sale
$925,000

550 Hyde Park Rd Leechburg, PA 15656

Prime Development Land: Multi-Family & Retail Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 68-acre parcel in Leechburg, Pennsylvania, presents a unique investment opportunity. Located at 550 Hyde Park Rd, 15656, Westmoreland County, this property boasts dual zoning designations: Multi-Family and Commercial Retail. This allows for a diverse range of development possibilities, including high-density residential projects ideal for 55+ communities, townhomes, single-family homes, retail spaces, and various commercial ventures. The site's strategic location offers excellent accessibility and visibility. All necessary utilities are readily available, either directly on or adjacent to the property. The surrounding area features a robust retail landscape, with established businesses such as Big Lots, McDonald's, Giant, Peebles, Subway, Advance Auto Parts, Pizza Hut, and Taco Bell nearby, indicating strong consumer demand and market viability. The asking price is $925,000, translating to $13,400 per acre. This represents a compelling value proposition for developers seeking a substantial land holding with significant upside potential in a thriving community. The property's latitude and longitude coordinates are 40.6087252 and -79.6037325 respectively. This is a rare opportunity to acquire a large tract of land with flexible zoning in a desirable location.

Highlights

  • $925,000 asking price.
  • 68-acre land parcel.
  • $13,400 per acre land value.
  • Multi-family and commercial retail zoning allows for high-density residential (including 55+ and townhomes), single-family homes, and retail/commercial development.
  • Utilities are available on-site.
  • Nearby retailers include Big Lots, McDonald's, Giant, Peebles, Subway, Advance Auto, Pizza Hut, and Taco Bell.

Property Details for 550 Hyde Park Rd

Property type
Land
Lot Size (sq. ft)
2,962,080 SF

Location Insight

City
Leechburg
County
Westmoreland
State
Pennsylvania
Latitude
40.6087252
Longitude
-79.6037325

FAQs

What type of property is this?
Land - Prime Development Land: Multi-Family & Retail Potential
Where is the land located?
The property is located at 550 Hyde Park Rd Leechburg, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: $925,000 asking price.; 68-acre land parcel.; $13,400 per acre land value.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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550 Hyde Park Rd
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