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1701 S State Line
Hermitage, PA 16161

Price Upon Request

Land For Sale  •  22 AC

Property Details

  • Property Type Land
  • Lot Size 22 AC
  • Zoning HEAVY INDUSTRIAL
0 Transit Score
0 Walk Score

Description

OPPORTUNITY SUMMARY:  22 AC of raw land with Heavy Industrial Zoning in Hermitage, PA.  Scalable robust power capacity makes this an ideal development site for heavy manufacturing, regional distribution center or data center.  

POWER:  A Transmission Load Study has been completed by highly supportive Utility, FirstEnergy (Penn Electric), with approvals for 150 MW of power capacity and the ability for future expansion.  The site is adjacent to a FirstEnergy substation to the north with a high-voltage hand-off of 138 KV.  FirstEnergy is available to begin interconnection work upon remittance of deposit and is open financing this work.  The Utility is not demanding any capacity requirements or must-takes, therefore the electrical infrastructure build can be phased-in [e.g., (3)-50 MW transformers].  Estimated power cost is $0.045 KWH, with contracted power capacity directly impacting pricing.  Curtailment programs are available.  Note: PA is deregulated state therefore power blocks can be purchased on open market.  

CONCURRENT TIMELINE ESTIMATE:  Zoning & Permitting  // ±3 months.  Utility Interconnection  // ±18-21 months.  Earthwork & Electrical Infrastructure  // ±12 months.  Craning, Racking & Stacking, Electrification  // ±2 months.  Total Timeline  // ±20-24 months.

DEAL STRUCTURE CONSTRUCTS:  Disposition // Land Lease  //  Built-To-Suite // Joint Venture

Highlights

22 AC OF HEAVY INDUSTRIAL ZONED LAND APPROVED FOR 150 MW OF POWER CAPACITY
STRATEGIC LOCATION FOR A VARIETY OF USES // EASY ACCESS TO I-80 & OHIO SR-82
TRANSMISSION LOAD STUDY COMPLETED BY FIRST ENERGY
IDEAL BITCOIN MINING // HOSTING SITE – UTILITY SUPPORTED & APPROVED
FIBER ACCESSIBLE FOR HYPER SCALE DATA CENTER DEVELOPMENT
FLEXIBLE DEAL STRUCTURE THROUGH A MULTITUDE OF CREATIVE CONSTRCUTS
Marco Muoio 585-278-4100 Off Market Street Real Estate
Marco Muoio 585-278-4100 Off Market Street Real Estate