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Laurel Rd - PRICE REDUCED TO $499,000

96 Acres of Industrial Land Offered at £396,851 in Aliquippa, PA 15001

INVESTMENT HIGHLIGHTS

  • ± 96 acres of land in Hopewell Township, Beaver County, PA.
  • Minutes from major transportation arteries, the Shell Chemical cracker complex, and Pittsburgh International Airport.
  • Potential location for solar farm, solar array, or carbon sequestration.
  • Zoned "I-P Industrial Park" and "R-2 Residential, Low Density".
  • One of the largest contiguous undeveloped sites in the area.
  • Adjacent to Duquesne Light electrical transmission lines and substation.

EXECUTIVE SUMMARY

Point Bridge Realty Advisors, LLC has been retained as the exclusive agent of the owner for the sale of the surface rights to ± 96 acres in Hopewell Township, Beaver County,
Pennsylvania (the “Property”). The Property is offered for sale at $499,000 ($5,198 per acre).
The Property has ± 3000 feet of frontage on Laurel Road (PA Route 151) and is less than two miles to exit 48 of the Beaver Valley Expressway (Interstate 376), one mile from
Constitution Boulevard (PA Route 51), three miles to Ohio River Boulevard (PA Route 65), and eight miles to the Pittsburgh International Airport.
Approximately 10 miles north of the Property (via the Beaver Valley Expressway - Interstate 376) is Shell Polymers Monaca, an ethylene cracker complex which commenced operations in November 2022. This ± 400-acre, multi-billion dollar facility created 6,000 jobs during construction over a five year period and hosts 600 permanent jobs. A significant multiplier effect is anticipated from third-party services and support, as well as manufacturers in the plastics industry locating near the source of a key raw material.
Existing “I-P Industrial Park” zoning provides for a wide range of “permitted uses”, including commerce park, office, warehouse / distribution, light manufacturing and R&D. A small portion of the Property is zoned “R-2 Low Density Residential” (approximately 4 acres). Potential for hotel development exists as a “conditional use” in the “I-P” district, with anticipated demand for new hotel and lodging services in Beaver County. The Property is immediately adjacent to the “R-2 Low Density Residential” zoning district
and offers the potential to be re-zoned for low-density residential development.

PROPERTY FACTS

Price £396,851
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Distribution
  • Industrial Park
  • Office Park
  • Research and Development
  • Single Family Development
  • Warehouse
Total Lot Size 96.00 AC

1 LOT AVAILABLE

Lot

Price £396,851
Price Per AC £4,133.86
Lot Size 96.00 AC

ZONING

Zoning Code I-P, R-2 (Industrial Park and Residential, Low Density)
I-P, R-2 (Industrial Park and Residential, Low Density)
  • Listing ID: 9976551

  • Date on Market: 14/11/2017

  • Last Updated:

  • Address: Laurel Rd, Aliquippa, PA 15001

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