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Innovation Dr - Lot 2

2.79 Acres of Industrial Land Offered at $139,500 in Bedford, PA 15522

Investment Highlights

  • Keystone Opportunity Zone (KOZ) Site Advantages

Executive Summary

The 143-acre Bedford County Business Park II provides turn-key sites geared to large distribution centers and manufacturers. It features all utilities, and is less than 2 miles from Pennsylvania Turnpike (I-70/76) and less than one mile from the I-99 Cessna interchange and the Bedford County Airport. The park lies within a 500 mile radius of more than 40 percent of the nation's population and is less than 100 miles from Pittsburgh and Harrisburg, PA, less than 140 miles from Washington D. C. and Baltimore and less than 200 miles from Philadelphia, making it ideally located to reach major markets.
Recreational Equipment, Inc., (REI) among the nation's premiere outfitters of high performance, outdoor products has located its east coast distribution center in Bedford County's Business Park II along Interstate 99. Headquartered in Kent, Washington, just outside of Seattle, REI has expanded its distribution capability by building a 535,000 square foot distribution facility on 45 acres in Bedford County.

Property Facts

Price $139,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 2.79 AC

1 Lot Available

Lot Lot 2

Price $139,500
Price Per AC $50,000
Lot Size 2.79 AC

Description

Keystone Opportunity Zone (KOZ) Site Advantages: Real Estate Taxes: Real Property Tax is 100% exempt. This exemption will extend no longer than December 31, 2025. Other Exempt Taxes: Earned Income and Net Profits Taxe; Business Privilege and Mercantile Taxes, Business Gross Receipts Tax for Operations conducted by a qualified business; earned income received by a resident or nonresident are exempt extending no longer than December 31, 2025. For additional KOZ information see: DCED.PA.GOV

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-001672
Land Assessment
$63,400
Improvements Assessment
$0
Total Assessment
$63,400

zoning

Zoning Code Keystone Opportunity Zone (Keystone Opportunity Zone)
Keystone Opportunity Zone (Keystone Opportunity Zone)
  • Listing ID: 3942636

  • Date on Market: 11/24/2014

  • Last Updated:

  • Address: Innovation Dr, Bedford, PA 15522

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