Tuesday, January 22, 2019

15-Acre Land Parcel in Bucks County’s New Ford Mill Rd Industrial Park Trades

by Steve Lubetkin, Globest.com
A 14.63-acre land parcel located at the corner of Progress Drive & Steel Road South, New Ford Mill Rd Industrial Park, Morrisville, Bucks County, PA traded.

The seller was Manhasset Bay Associates, a New York-based private equity property group. They sold the tract for $2.195 million.

The land is presently divided into two parcels—one of 7.53 acres and one of 7.1 acres.  The properties, which  are zoned for heavy industrial use, are located within two miles of the deepwater port facility in the Keystone Industrial Port Complex.
The property provides access to Route 13, Route 1, I-95, I-295, the PA Turnpike (I-276) and the NJ Turnpike (I-95) as well as bridges to New Jersey.


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