land

16.8 Acres Land Site

Bloomsburg, PA 17815

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Price: 

$2,900,000

Cap:

0%

NOI:

$

Square Footage:

Lot Size:

16.8 Acres

Year Built/Remodeled:


Property Description: 

Capital Commercial Partners is pleased to bring to market a 16.8 acre site zoned general commercial located in Bloomsburg, PA. The site is surrounded by regional and national tenants including Home Depot, Geisinger Health Systems, and Webstaurant. The Buckhorn interchange is dynamic with the coming adaptive redevelopment of the 400,000 SF Columbia Regional mall.

The subject property is located directly behind Geisinger Health Systems 120,000 SF office development and next to the newly constructed 540,000 SF Webstaurant distribution facility. The town has indicated they will support multi family, senior living, single family home or industrial developments.

The land across the street recently sold to Geisinger Health Systems for $19M for a new hospital campus surrounding the mall.

The property is strategically located at the crossroads of I-80 and Route 42. It sits just off the I-80 interchange with 35,000 vehicles per day and 11,000 vehicles per day on Route 42. It is close in proximity to Bloomsburg University with a student enrollment of approximately 9,900+ students. Bloomsburg U has a storied history being founded in 1839. It’s the 3rd largest of the 14 universities in Pennsylvania. It made the list of top universities in the northern region according to U.S. News and World Reports annual rankings.

Investment Highlights:

Multi family, senior living, single family home, or industrial development site on 16.8 acres
Geisinger Health Systems recently closed on the land adjoining the mall for $19M for a new hospital campus
Site is located near the 500,000 SF Websturant distribution center
Zoned General Commercial
Gross Leasable Area (GLA): 731,808 SF +/-

Financial Summary:

All Cash

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