Property profile

1404 Centre Tpke Orwigsburg, PA 17961

OFF-MARKET
Commercial real estate
Property ID
US73-5284586
4,000 SF 18 ac lot Built 1975
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 18-acre commercial property presents a significant development opportunity in Orwigsburg, Pennsylvania. Located on the busy Route 61, this site boasts high visibility and accessibility. The property includes a substantial 4,000 square foot building, currently configured with office space, offering immediate potential for various uses. The expansive lot is largely level, with an upper portion also providing a flat area. Previous plans for the site included a mobile home park, demonstrating the land's suitability for large-scale projects. Convenient access to Route 61 is provided by an upper driveway. The property's versatility allows for a wide range of commercial ventures, including retail, restaurants, automotive dealerships, or warehousing. Essential infrastructure is already in place, with public sewer and a newly installed well on the site. This prime location and substantial acreage offer an unparalleled chance to establish a thriving business in a high-traffic area. The existing building provides a solid foundation for immediate occupancy or redevelopment, while the ample land allows for significant expansion or new construction. Explore the possibilities and unlock the potential of this remarkable commercial property. The asking price is $900,000.

Property profile

Verified
Property type Commercial real estate
Year built 1975
Total area 4,000 SF
Lot 18 ac (784,080 SF)
UPID US73-5284586

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1404 Centre Tpke Orwigsburg, PA 17961
Orwigsburg metro
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Value estimations

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Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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