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Parkview Lane
3.27 Acres of Commercial Land Offered at £312,980 in Altoona, PA 16601
Investment Highlights
- Located just off of Plank Rd in the main commercial and retail corridor of Altoona.
- Convenient access to Plank Rd and I-99.
- Near Target, Walmart, Sportsmans Warehouse, and Sam's Club.
Executive Summary
Approximate 3.26 +/- acres of land for sale in Altoona, PA off of the I-99 and Plank Rd. interchange. Property is located on Parkview Lane next to the iconic Jethro’s Restaurant that
has been serving the community for more than 30 years. No zoning permits development of any type of use if approved by the township. Great location for commercial development, medical and professional office, hotel, ministorage, multifamily, apartments, and condominiums.
The property is located in the main commercial/retail corridor of Altoona just off I-99 and Plank Rd interchange. It is accessed by Parkview Lane from a lighted intersection on Plank Rd. It is
located next to Jethro’s Restaurant and Target, Petco, Sportsman’s Warehouse, Dunkin Donuts, Chick-fil-A, and Outback Steakhouse are all located at the intersection. Other retails in the immediate area include TJ Maxx, Walmart, Sam’s Club, and Primanti Brothers. Just on the other side of I-99 is the Logan Valley Mall anchored by Macy’s and JC Penney’s. Starbucks, Red Robin, Hobby Lobby, Longhorn Steakhouse, Panda Express, Sleep Number, and Cracker Barrel are all located within a quarter of a mile from the site. Traffic at the Plank Rd and Parkview Lane intersection is over 30,000 cars per day.
Altoona is located in Blair County less than an hour southwest of State College, PA. It is halfway between the state capitol of Harrisburg and Pittsburgh. I-99 is a major interstate highway that
runs north and south through the area. I-99 connects to the PA Turnpike just south of Altoona and runs up to State College and I-80. There are approximately 100,949 people that live within
10 miles with an average household income of $76,472. The Altoona market pulls travelers from up to 20 miles away to do their shopping. There has been an increase in retail and commercial
growth in the area with Panda Express, Sleep Number, Urban Air, and Starbucks opening in the past few years. The next nearest Target is 35 miles away in State College.
Property Facts
1 Lot Available
Lot
| Price | £312,980 | Lot Size | 3.27 AC |
| Price Per AC | £95,713 |
| Price | £312,980 |
| Price Per AC | £95,713 |
| Lot Size | 3.27 AC |
Lot located on Parkview Lane next to Jethro's Restaurant in Altoona PA.
Description
3.27 Acre lot for sale next to Jethro's Restaurant that has been a landmark in the Altoona area for over 30 years. Property is accessed by Parkview Lane that connects to Plank Rd via a lighted intersection. Would be a good location for apartments, multifamily, condominiums, medical and professional offices, hotel, and self storage.
zoning
| Zoning Code | None (No zoning permits any use as long as it's approved by the township.) |
| None (No zoning permits any use as long as it's approved by the township.) |
Presented by
Parkview Lane
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