High Tech Rd

High Tech Rd, State College, PA 16803

  • For Sale $3,985,000
  • 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

Contacts

broker
Robin Zellers, SIOR, FRICS, CRE

NAI CIR

Location

Getting Around

  • Walk Score ®

    6/100 Car-Dependent

  • Bike Score ®

    21/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • RE Farm Cafe

    1.03 miles

  • The Gardens

    1.76 miles

  • American Ale House

    2.31 miles

  • Grace Restaurant at the Carnegie Inn

    2.86 miles

  • The Original Prospector's Mount Nittany Rib Company

    2.98 miles

  • Subway

    3.01 miles

  • Rey Azteca

    3.10 miles

  • Quaker Steak & Lube

    3.10 miles

  • Perkins

    3.15 miles

  • Taco Bell

    3.16 miles

  • Innovation Park

    1.80 miles

  • Spring Creek Elementary School

    2.54 miles

  • Knox School

    2.54 miles

  • Benner Elemetary School

    3.55 miles

  • Penn State University

    3.59 miles

  • Easterly Parkway Elementary School

    4.57 miles

  • State College Area High School

    4.98 miles

  • Corl Street Elementary School

    5.10 miles

  • Grace Prep High School

    5.37 miles

  • Mount Nittany Middle School

    5.51 miles

  • Step By Step School For Early Learning

    3.87 miles

  • Childspace

    3.98 miles

  • Grace Lutheran Preschool

    4.04 miles

  • Our Children's Center

    4.56 miles

  • State College KinderCare

    5.16 miles

  • The Goddard School

    5.55 miles

  • Little Bears Daycare

    5.56 miles

  • Discovery Child Development

    5.86 miles

  • The Learning Station

    6.35 miles

  • ABC Children's Center

    6.65 miles

Frequently Asked Questions

How much does High Tech Rd cost?

The space currently listed for sale at High Tech Rd asks for $3,985,000.

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

NAI CIR