4050 Henderson RdHickory, PA 15340

  • Commercial real estate
  • 720 SF
For Sale
$2,000,000 View listing

Property Details for 4050 Henderson Rd

Year built
1972
Lot size
128.96 AC
Property size (Sq ft)
720 SF
Property type
Commercial real estate
APN
460-005-01-00-0009-00
APU
4600050100000900

Description

This exceptional 128.96-acre property in Hickory, Pennsylvania (zip code 15340), offers a unique investment opportunity. Priced at $2,000,000, the fee-simple ownership includes a five-building light industrial complex totaling 20,200 square feet. Constructed between 1990 and 2018, these buildings are in average condition and currently 95% occupied by three tenants on short-term leases. A small portion of the land is leased for truck parking. Note that a perpetual easement grants Range Resources the right to operate a gas and oil well on approximately 20 acres. The remaining 97 acres comprise a former golf course zoned A-1 (Agriculture), presenting potential for future low-density agricultural or residential development. The single-story complex sits on a large lot and offers significant potential for redevelopment or repurposing given its size and location. The property's total square footage is 5,617,498 square feet. This presents a rare blend of existing income-generating assets and substantial undeveloped land with significant upside potential. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $156,729
    Hospitality
    $143,563
    Educational
    $119,443
    Medical
    $123,551
    Retail
    $185,800

Location Insight

City
Hickory
County
Washington
State
Pennsylvania
Latitude
40.2804
Longitude
-80.3242
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,242
$73,800
$1,199,700
$1,273,500
-
$73,800
$1,199,700
$1,273,500

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