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    Darrow Rd Edinboro, PA 16412

    For Sale
    $514,500

    13.5 Acres, Multi-Family Zoning, Near University

    Property size:
    589,802 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 13.5-acre commercial property in Edinboro, Pennsylvania, presents a unique development opportunity. Zoned R-4 (Multi-Family Residential), this expansive parcel offers significant potential for various multi-family residential projects. Its strategic location directly across from Penn West University ensures high demand and strong rental prospects. The property comprises four combined lots (109 & 110 Banff, 204 & 402 Darrow Road), totaling 589,802 square feet. The asking price for the entire 13.5-acre assemblage is $514,500. Alternatively, a slightly smaller 11.5-acre parcel (excluding 204 Darrow Road) is available for $474,500. Individual lot 204 Darrow Road can also be purchased separately for $40,000. This prime real estate presents a rare chance to capitalize on the thriving Edinboro market and its proximity to a major university. The combined acreage and favorable zoning regulations make this an ideal investment for developers seeking a high-return project. Don't miss this chance to acquire this exceptional property.

    Property Features for Darrow Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    589,802 SF
    Lot Size
    588,060 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinboro
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.12727
    Latitude
    41.86813

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    FAQs

    What type of property is this?
    Commercial real estate - 13.5 Acres, Multi-Family Zoning, Near University
    Where is this commercial real estate located?
    The property is located at Darrow Rd Edinboro, PA.
    What is the asking price?
    The asking price for this property is $514,500.
    (814) 838-2299
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    Darrow 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
    Darrow Rd Edinboro, PA 16412
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