15-Acre Land Parcel in Bucks County’s New Ford Mill Rd Industrial Park Trades
Manhasset Bay Associates, a New York-based private equity property group, sold the tract for $2.195 million.
MORRISVILLE, PA—Roddy Inc., a Bensalem, PA-based industrial and commercial real estate brokerage firm, brokered the sale of 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.
Frank Roddy, president of Roddy, who handled the sale, says Manhasset Bay Associates, a New York-based private equity property group, 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.