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Investment Highlights

  • 39 acres of bulk liquid and outside storage capacity
  • Dedicated rail yard on Norfolk Southern network capable of transporting high volumes of dry bulk commodities
  • Connections to river, rail and truck transport

Executive Summary

The Freeport, PA site has one of the most unique sets of modal and storage capabilities currently on the market in the United States. The site is approximately 39 acres combined in both owned and leased property from Norfolk Southern with 52,891 SF of warehouse and office buildings and 10+ acres of dedicated yard space currently being leased for bulk storage and non-ferrous metal reclamations. The site boasts 3,500 +/- linear feet of river frontage on the Allegheny River that provides access to a private bulk liquids terminal that supports feedstocks for hydrocarbon productions. The storage tank facility is capable of 8,300,000+/- gallon capacity but is currently operating in the range of 5,800,000+/- gallon capacity. The truly unique feature of the barge and storage tank facility is a dedicated steam generating plant that is capable of heating the contents of a barge and/or tanks, even during winter months, to a liquid consistency so that it can be transloaded as needed. The steam generating facility gives the site a unique competitive advantage especially in consideration of the multi-modal access the site has to barge, truck, and rail on the Norfolk Southern network. In addition to the barge capacity and large yard area for storage, movement and transload of multiple commodities the site has a dedicated rail yard leased from the Norfolk Southern. The railyard, which has access to the barge site via truck, is currently set up to receive 8-10 cars at a time. The site has been capitalized with a pit where hopper cars of aggregate, portland cement, sand, etc., can be uploaded from hopper cars and loaded to truck via a conveyer.

Attachments

Freeport-Flyer

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
Lot Size 26.29 AC
Rentable Building Area 52,891 SF
No. Stories 1
Year Built 1905
Zoning Industrial District - Most of the site is zoned IN, Industrial District by the borough of Freeport. A single 0.702-acre parcel (17-0-009747)is designated as CT.
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
17-0-009743
Land Assessment
$51,135 CAD
Improvements Assessment
$26,875 CAD
Total Assessment
$78,011 CAD
  • Listing ID: 33719373

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 700 Riverside Dr, Freeport, PA 16229

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