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    662 Airport Rd Punxsutawney, PA 15767-3713
    Property profile & analytics

    662 Airport Rd, Punxsutawney, PA 15767-3713

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    • Commercial real estate
    • 13,214 SF
    • 16.40 lot acres
    Off-Market
    Last Sale May 15, 2020
    $200,000
    Property ID
    US73-4624421
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 662 Airport Rd

    Year built
    1959
    Lot size
    16.40 lot acres
    Property type
    Commercial real estate
    APN
    03-526-0217-A
    APU
    035260217A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 17, 2022 — Tibbco Holdings LLC — Deed · related $267k · First National Bank Of Pennsylvania
    Jan 11, 2021 — Tibbco Holdings LLC — Deed · related $1.5M · First National Bank Of Pennsylvania
    May 15, 2020 — Tibbco Holdings LLC Wyoga Properties LLC Deed —
    Dec 3, 2018 $101,000 Wyoga Properties LLC Punxsutawney Area School District Deed —

    Description

    This exceptional commercial opportunity presents a substantial 2.8-acre property located at 662 Airport Road in Punxsutawney, Pennsylvania. The main structure, formerly Bell Township Elementary School, offers immense potential for redevelopment and repurposing. Its spacious layout and ample land provide a blank canvas for a variety of commercial ventures. Imagine transforming this historic building into a thriving retirement community, catering to the growing senior population. Alternatively, envision a unique antique mall, showcasing local craftsmanship and attracting tourists to the area. The possibilities extend to a modern office complex, providing flexible workspaces for businesses seeking a distinctive location. The property's existing appliances and furniture are included in the sale, representing a significant cost savings for any prospective buyer. This turnkey opportunity in Jefferson County offers a rare chance to acquire a substantial property with significant upside potential. The 2.8-acre lot provides ample space for expansion or additional development, further enhancing its value and versatility. Located in Punxsutawney, the property benefits from convenient access to local amenities and transportation routes. This is an exceptional investment opportunity for those seeking a large-scale project with high potential returns. The property is priced competitively at $350,000, reflecting its significant potential and the included fixtures. Serious inquiries are encouraged to explore the full potential of this remarkable property.


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    Location Insight

    • Map
    • Local Demand
    City
    Punxsutawney
    County
    Jefferson
    State
    Pennsylvania
    Longitude
    -78.9235
    Latitude
    40.9649

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $27,148
    $67,260
    $580,830
    $648,090
    -
    $67,260
    $580,830
    $648,090
    More about this property
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