High Tech Rd

For Sale

High Tech Rd, State College, PA 16803

This State College property for sale is located at High Tech Rd. The current listed sale price for High Tech Rd is $3,985,000. High Tech Rd is situated on a lot that is 15.7 acre in size.

Contacts

broker
Robin Zellers, SIOR, FRICS, CRE

NAI CIR

Property Details

  • Property Type VacantLand
  • Lot Size 15.7 Acre
  • Additional Rent Contact for pricing
  • Building Class A
  • Date Updated Dec 20, 2024
State College, Pennsylvania is located in Central PA, 90 miles northwest of Harrisburg, PA. The town is home to the main campus of Pennsylvania State, one of the ten largest public universities in the United States. The university is also the area's largest employer. Additional industries include health care, retail, hospitality services, construction and government.The property consists of 15.70 acres with an approved Land Development Plan for 146 residential town homes and approximately 60,000 SF of commercial space, known as the Cascade. The property sits at the end of High Tech Road, which intersects with the State College Regional Airport. This site is located just north of downtown State College, home to Pennsylvania State University's main campus known as University Park, boasting nearly 50,000 students (US News, 2023). The property offers close proximity to Beaver Stadium, which has a seating capacity of 106,000+ making it the 2nd largest stadium in the Western Hemisphere. Beaver Stadium is the home to the PSU Nittany Lions Football team and is a venue for select music concerts. The State College multi-family market has a low vacancy rate of 2.2% as of the end of Quarter 4, 2024. The twelve month growth in asking rent is 2.4%. The multi-family market covers approximately 4,900 units with no substantial current construction scheduled.
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Highlights

  • Land with approved LDP for 146 townhomes plus commercial space
  • Very strong multi-family market continuing solid rental growth.
  • Property is located 4.5 miles from Beaver Stadium
  • Located 5 miles from PSU Main Campus with 50,000 students
  • State College, PA is located 90 miles Northwest of Harrisburg, PA

Getting around

  • 6/100

    Walk Score ®

  • 21/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City State College, PA
  • Zip Code 16803

Points of Interest

  • Rideshare Pickup Area

    0.40 miles

  • Bellefonte

    5.48 miles

  • Sam's Club

    3.07 miles

  • Sheetz

    3.13 miles

  • Exxon

    3.37 miles

  • Choice Gas

    3.44 miles

  • State College, PA Supercharger

    3.64 miles

  • Snappy's

    3.90 miles

  • Uni-Mart

    3.91 miles

  • GIANT Gasoline

    3.91 miles

  • Electrify America

    4.65 miles

  • Bellefonte, PA Supercharger

    7.37 miles

  • Main Parking Lot

    0.37 miles

  • Rental Car Lot

    0.39 miles

  • Economy Parking Lot

    0.40 miles

  • Spring Creek Canyon Main Parking Lot

    2.48 miles

  • Commuter Lot Jordan East 44

    3.14 miles

  • OL

    3.18 miles

  • Commuter Lot Stadium West

    3.19 miles

  • OB

    3.25 miles

  • Carnegie Inn & Spa

    2.86 miles

  • Best Western

    3.07 miles

  • Toftrees Resort

    3.18 miles

  • Country Inn & Suites

    3.33 miles

  • Hilton Garden Inn State College

    3.37 miles

  • SpringHill Suites

    3.40 miles

  • Hampton Inn & Suites

    3.43 miles

  • Hampton Inn State College

    3.45 miles

  • Holiday Inn Express

    3.47 miles

  • Comfort Suites

    3.81 miles

  • Walmart Supercenter

    2.98 miles

  • Big Lots

    3.10 miles

  • Ross

    3.10 miles

  • Nature's Pantry

    3.15 miles

  • ALDI

    3.21 miles

  • Nittany Mall

    3.30 miles

  • Kohl's

    3.76 miles

  • TJ Maxx

    3.79 miles

  • Momezon Korean Market

    3.84 miles

  • Weis

    3.92 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Robin Zellers, SIOR, FRICS, CRE

NAI CIR