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32030546
32030545

Lutes Rd, Finleyville, PA 15367 For Sale

EM
PA RS320590
Coldwell Banker Commercial NRT Pittsburgh
Listed by Coldwell Banker Commercial NRT Pittsburgh
$189,000
83 days on market
Updated 83 days ago

3.835 AC Vacant Development Land in Peters Twp

Details
Property Type Land
Sub Type Residential, Commercial
Acreage 3.840
Zoning WV - West Venetian Road Mixed Use Corridor

3.835 Acres of Vacant Development Land

Marketing description

3.835 acres of vacant development land in the highly desirable municipality of Peters Township.

The property is near government and commercial buildings, and multiple new and planned residential subdivisions.

This vacant land property is zoned “WV” – West Venetia Road Mixed Use Corridor – a zoning classification which provides a multitude of permitted residential, agricultural, commercial, and public uses.

In addition, this is a relatively level (minimal slope) vacant land property in an area that is largely rifted with hills and valleys.

There is a creek running along the skewed longitudinal boundary of this property, which means this property is in the flood plain. Per the Peters Twp Ordinance, this does provide significant limitations on this property’s use without a variance.

A variance will be key for any developer or owner-builder. The seller is open to a due diligence period contingency relevant to buyer navigation of the variance process.

Attached is a developer-facing PDF document describing potential hardship positions for a variance application. As a disclaimer, this is a generic, AI-generated document, and is not site-specific or municipality-specific, though it was created with Pennsylvania variances in mind.

This really is a great piece of land in a fast-growing area within Peters Township. It simply needs a variance to realize its highest and best use. The relatively level (minimally sloped) nature of the property allows for cost-effective horizontal development.

Investment highlights

  • 3.835 Acres of Vacant Development Land
  • Zoning classification allows for multiple residential, commercial, and public uses
  • Desirable school district of Peters Township
  • Adjacent to government & commercial buildings
  • Close proximity to multiple new and planned residential subdivisions (rapidly expanding area)
  • Seller open to due diligence period for buyer application for variance (flood plain controls requirement)
  • Site is relatively level (minimal slope) in an area full of hills and valleys

Listing Contacts

EM
PA RS320590
Coldwell Banker Commercial NRT Pittsburgh
Listed by Coldwell Banker Commercial NRT Pittsburgh

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Additional Information

Name
Edward McClory
License
RS320590
Brokerage
Coldwell Banker Commercial Realty
Brokerage Phone
(610) 363-6006
Brokerage Address
390 Waterloo Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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