638 Hancock Road

The 638 Hancock Rd site is in one of the hottest residential real estate markets in the entire Greater Philadelphia region. There are several significant employment hubs within a 10-minute drive of the site, including the Merck & Co North Wales campus, Janssen R&D campus, and developing Sprin g House Innovation Park. The overall rise and attractiveness of the North Penn school district is centered around its accessibility from the Northeast Extension (I-476), a surplus of major retail within a 5-minute drive via Route 202 , including the Montgomery Mall, Montgomery Square, Airport Square, Water Tower Square, and Gwynedd Crossing Shoppi ng Center, all with major credit retail tenants, and easy access to SEPTA’s regional rail providing access to 30 th Street Station, Center City, and the Philadelphia International Airport.638 Hancock Rd, North Wales, PA is being offered for sale based on two different offering scenarios. – Scenario 1 is based on planning for a minor subdivision for a development of 2 homes, which is by right and requires a simple plan submission to be approved. The asking price for this scenario is $600,000. – Scenario 2 is based on planning for a major subdivision for a development of 4 homes, which would require a major subdivision. The asking price for this scenario is $550,000 plus an additional $50,000 for each lot if a major subdivision is approved.