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    1001 Shiloh Rd State College, PA 16801

    Sponsored
    For Lease
    Contact for pricing

    6.6 Acres, I-99 Corridor, High Visibility

    Lot size:
    287,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±6.6-acre commercial land parcel presents a unique development opportunity in State College, Pennsylvania. Situated just off I-99's Shiloh exit (a major thoroughfare with over 33,000 vehicles daily), this property boasts exceptional visibility and accessibility. The lot features frontage along Shiloh Road, a high-traffic artery with 10,000 vehicles per day. Its Planned Research & Business zoning allows for a diverse range of commercial uses, including retail, restaurants, hotels, offices, medical facilities, recreational spaces, and light manufacturing. The area is experiencing significant growth, with a new residential development adding over 800 units nearby, further enhancing the property's potential. Surrounded by existing commercial and multifamily developments, this location offers spectacular views of the State College skyline, including Beaver Stadium and the surrounding mountains. Convenient access to I-80 and Route 322 adds to its strategic location within a thriving commercial hub that includes Nittany Mall, Walmart, and other major retailers. This prime location makes it ideal for a hotel, restaurant, or other commercial venture seeking high visibility and strong potential for return on investment.

    Property Features for 1001 Shiloh Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    287,496 SF

    Unit(s) available at that property

    Space
    Size
    287,496 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8095869
    Latitude
    40.8440803

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    FAQs

    What type of property is this?
    Land - 6.6 Acres, I-99 Corridor, High Visibility
    Where is this land located?
    The property is located at 1001 Shiloh Rd State College, PA.
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    1001 Shiloh Rd State College, PA 16801
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    State College, PA 16801
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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
    1001 Shiloh Rd State College, PA 16801
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