1103 Interchange Road, Gilbert, PA 18331

$220,000
Property Type: Commercial Sale Square Footage: 1,323 Lot Size (sq. ft.): 307,969 Status: Closed
Current Price: $220,000 List Date: 10/09/2023 Last Modified: 3/03/2025

Description

7 Ac. FORMERALLY APPROVED SOLAR PROJECT - This site was fully engineered and approved for a 1MW solar array in 2010. Ownership has kept the approvals active for the project. This solar project should now be much greater than 1 MW with the increase in panel efficiency/output over the last 10 years. The site contains an existing 1,300+/- SqFt residential 3 be/1.5 ba home that is rented to a residential tenant @ $1,500/mt. Home is untouched in plans and can remain as additional income. Solar array sits on approx. 5 acres in the rear of the property.

More Information MLS# PM-105628

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $220,000 Current Price: $220,000 Status: Closed Listing Contract Date: 2023-04-27

Location, Tax, and Legal

Parcel Number: 13.2.1.67 Municipality: Polk Township High School District: Pleasant Valley Cnty&Muni Taxes (Legacy): 709.17 School Tax Amount: 4062.28 Tax Annual Amount: 4771.45 Tax Assessed Value: 172510 Tax Book Number: 2387/6661 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 1323 Building Area Source: Estimated Stories: 2 Number Of Buildings: 1 Year Built Source: Other Lot Size Acres: 7.07 List Price/SqFt: 597.13 Sold Price/SqFt: 166.29 Building Area Total: 1323 Year Built: 1933

Remarks and Miscellaneous

Public Historical Remarks: Road Type: Rt-way, Also Includes: Lease, Miscellaneous: Zoning Code Village Commercial Public Remarks: 7 Ac. FORMERALLY APPROVED SOLAR PROJECT - This site was fully engineered and approved for a 1MW solar array in 2010. Ownership has kept the approvals active for the project. This solar project should now be much greater than 1 MW with the increase in panel efficiency/output over the last 10 years. The site contains an existing 1,300+/- SqFt residential 3 be/1.5 ba home that is rented to a residential tenant @ $1,500/mt. Home is untouched in plans and can remain as additional income. Solar array sits on approx. 5 acres in the rear of the property.

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Possible Use

Residential: 1

Rail Road Track

None: 1

Cooling

None: 1

Heating

None: 1

Sewer

Septic Tank: 1

Parking Features

None: 1

Road Frontage Type

State Road: 1 See Remarks: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 1103 Street Name: Interchange Street Suffix: Road City (Post Office): Gilbert State: PA Postal Code: 18331

Status Change Information

Purchase Contract Date: 2024-01-24 Close Date: 2024-08-09 Close Price: 220000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Residential Rail Road Track: None Cooling: None Heating: None Sewer: Septic Tank Parking Features: None Road Frontage Type: State Road; See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.