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    Banff Rd Edinboro, PA 16412

    For Sale
    $474,500

    13.3 Acres, Multi-Family Zoning, University Proximity

    Property size:
    579,348 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 13.3-acre commercial property in Edinboro, Pennsylvania, presents a unique investment opportunity. Zoned R-4 (Multi-Family Residential), this expansive parcel offers significant development potential. The land comprises three contiguous lots totaling 579,348 square feet, strategically located directly across from Penn West University. This prime location ensures high visibility and convenient access to a large student population and the surrounding community. The combined asking price for all three lots (109 & 110 Banff Road, and 402 Darrow Road) is $474,500. This represents a rare chance to acquire a substantial land holding in a thriving area. The property's zoning allows for a variety of multi-family residential developments, catering to the significant demand for housing near the university. Consider the potential for student housing, apartments, or townhouses. While an adjacent property (204 Darrow Road) is available for separate purchase at $40,000, this listing focuses solely on the three lots detailed above, offering a compelling investment opportunity on its own. The combined acreage and strategic location make this a truly exceptional offering. Serious inquiries are encouraged.

    Property Features for Banff Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    579,348 SF
    Lot Size
    579,348 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinboro
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.11918
    Latitude
    41.8654

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    FAQs

    What type of property is this?
    Commercial real estate - 13.3 Acres, Multi-Family Zoning, University Proximity
    Where is this commercial real estate located?
    The property is located at Banff Rd Edinboro, PA.
    What is the asking price?
    The asking price for this property is $474,500.
    (814) 838-2299
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    Banff Rd Edinboro, PA 16412
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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
    Banff Rd Edinboro, PA 16412
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