For Development - Commercially Zoned Land for Sale in Retail Corridor

Lot 0101 Leike Rd Parkesburg, PA 19365

Lot 0101 Leike Rd, Parkesburg, PA, 19365
Aerial Photo showing area retail
Lot 0101 Leike Rd, Parkesburg, PA, 19365 Lot 0101 Leike Rd, Parkesburg, PA, 19365 Lot 0101 Leike Rd, Parkesburg, PA, 19365
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,000,000 to $2,000,000
Cap Rate:
9.00%
Last Verified:
Apr 19, 2019

14.69 Acres of Commercially-Zoned land for Sale. Potential development opportunity, this property is located just South of Sadsbury Commons which generates over 50,000 AADT. This is a level lot iwth good visibility/frontage on PA10 just south of the WalMart traffic-light intersection. No septic/no utilities/unimproved ground. Taxes/Yr: $2202/2012 Lot Dimensions: 750x1522x450x976 Frontage on PA10: 750ft Zoning: C2 Use: V10 PA Parcel #37030001.0100 School District: Coatesville No structures. Municipality: Sadsbury Twp County: Chester


Map of Lot 0101 Leike Rd, Parkesburg, PA, 19365

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.