0 Third StMorrisville, PA 19067

Property Details for 0 Third St

Lot size

1.45 AC

Property size (Sq ft)

63,162 SF

Property type

Land

Property subtype

Other land

Description

This exceptional 1.45-acre industrial land parcel, located at 3rd St in Morrisville, Pennsylvania (APN 13-048-041-001), presents a compelling value-add investment opportunity. Zoned for heavy industrial use, this fee simple property offers 63,162 square feet of development potential, priced at $17.42 per square foot for a total asking price of $1,100,000. The pro-forma cap rate is projected at 11.31%. Its strategic location along the I-95 corridor provides unparalleled access to major transportation arteries, including Route 1 and Route 13, facilitating seamless connectivity to Philadelphia, Trenton, and Wilmington. This prime location is ideal for a variety of industrial uses, including office buildings, manufacturing facilities, distribution centers, warehouses, and transportation terminals. The property's size and zoning make it a highly attractive prospect for developers seeking a lucrative investment in a thriving industrial market. This is a single-tenancy property offering significant upside potential for the discerning investor. The property is situated in Bucks County, Pennsylvania, with a zip code of 19067.

Location Insight

City

Morrisville

County

Bucks

State

Pennsylvania

Latitude

40.1949

Longitude

-74.767

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