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    Grandview Ave Honesdale, PA 18431

    For Sale
    $149,900

    Prime US Route 6 location, 1.97 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.97-acre commercial property presents a remarkable development opportunity in Honesdale, PA. Boasting an unparalleled location on US Route 6, this parcel enjoys over 220 feet of frontage on this major thoroughfare, experiencing a daily traffic count exceeding 13,000 vehicles. Adding to its strategic advantage, the property also features 226 feet of frontage on Old Willow Avenue. Its position between prominent big-box retailers and the vibrant downtown Honesdale area places it on the busiest non-interstate road in Wayne County, ensuring high visibility and accessibility. Public water and sewer services are readily available at the street, and natural gas is conveniently located nearby, simplifying infrastructure connections for future development. While a billboard currently stands on the property, it's important to note that it includes a permanent easement and does not convey with the sale, nor does it generate lease income for the buyer. This presents a blank canvas for a wide range of commercial ventures, capitalizing on the exceptional location and high traffic volume. The property's size and strategic placement make it an ideal site for a variety of commercial uses, offering significant potential for return on investment.

    Property Features for Grandview Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    85,813 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Honesdale
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.2534
    Latitude
    41.5962

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    FAQs

    What type of property is this?
    Commercial real estate - Prime US Route 6 location, 1.97 acres.
    Where is this commercial real estate located?
    The property is located at Grandview Ave Honesdale, PA.
    What is the asking price?
    The asking price for this property is $149,900.
    (570) 296-7717
    Request Owner's contact information
    Grandview Ave Honesdale, PA 18431
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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
    Grandview Ave Honesdale, PA 18431
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