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    111 Reuben Bell Dr Matamoras, PA 18336

    For Sale
    $8,000,000

    20 Acres, I-84 Access, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 20.62-acre commercial land parcel presents a significant investment opportunity in Matamoras, Pennsylvania. Strategically located with convenient access to Route 6 and Interstate 84, this property boasts a high-traffic location with over 31,000 vehicles daily traversing I-84. The site's prime position is further enhanced by its adjacency to established businesses such as The Home Depot and a Best Western Hotel. The property is zoned C-2, allowing for a diverse range of commercial uses, including retail establishments, multifamily residential developments, self-storage facilities, medical offices, and limited manufacturing or packaging operations. The main parcel encompasses 19.13 acres, with an additional 1.49-acre section bordering Reuben Bell Drive and Route 6. While the property is situated within a floodplain, its high visibility and accessibility make it an attractive proposition for developers seeking a prominent location in a thriving tri-state area. Matamoras benefits from its proximity to Port Jervis, New York, and Montague, New Jersey, across the Delaware River, offering access to a substantial regional market. The asking price for this substantial land holding is $8,000,000.

    Property Features for 111 Reuben Bell Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    898,207 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matamoras
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.71558
    Latitude
    41.35444

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    FAQs

    What type of property is this?
    Commercial real estate - 20 Acres, I-84 Access, High Traffic
    Where is this commercial real estate located?
    The property is located at 111 Reuben Bell Dr Matamoras, PA.
    What is the asking price?
    The asking price for this property is $8,000,000.
    (570) 213-4900
    Request Owner's contact information
    111 Reuben Bell Dr Matamoras, PA 18336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Reuben Bell Dr Matamoras, PA 18336
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