40 Acres | North Versailles

RT. 30 / Lincoln Hwy North Versailles, PA 15137

RT. 30 / Lincoln Hwy, North Versailles, PA, 15137
RT. 30 / Lincoln Hwy, North Versailles, PA, 15137 RT. 30 / Lincoln Hwy, North Versailles, PA, 15137 RT. 30 / Lincoln Hwy, North Versailles, PA, 15137 RT. 30 / Lincoln Hwy, North Versailles, PA, 15137 RT. 30 / Lincoln Hwy, North Versailles, PA, 15137
FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,550,000
Last Verified:
Sep 13, 2024

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Highlights

  • Prime development Opportunity for Multi-Family / Affordable housing / Senior housing or other residential development
  • Opportunity Zone
  • Possible 10 Year Tax Abatement (LERTA)
  • Considerable site work completed

Description

SVN | Three Rivers Commercial Advisors is pleased to present a approx. 40 acres development ready site in
North Versailles within an opportunity zone. Once slated for a 39 Unit patio home development, extensive work has been completed at this site including grading, storm water retention, sewer, and roughed in roadways. This site features an existing connection to Greensburg Pike with the potential for access from East McKeesport Boulevard in close proximity to one of the future exists of the Monfayette expressway.

Located in North Versailles.

Lot Size: 40.0 acres


Documents

Sale Brochure

Map of RT. 30 / Lincoln Hwy, North Versailles, PA, 15137

Presented by:
SVN | Three Rivers Commercial Advisors

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Jason Campagna


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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.