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    749 Derr Dr Lewisburg, PA 17837

    Sponsored
    For Sale
    $899,000

    3.946 Acres, US Route 15 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.946-acre commercial land parcel presents a remarkable investment opportunity in Lewisburg, Pennsylvania. Strategically located along heavily trafficked US Route 15, this property boasts over 700 feet of frontage, ensuring exceptional visibility for any commercial venture. The site enjoys an average daily traffic count of 11,007 vehicles northbound and 10,554 southbound, guaranteeing significant exposure. While the total acreage is 3.946 acres, the effective usable area is approximately 3.51 acres. The terrain is generally level at street grade, although the northern boundary slopes gently towards Buffalo Creek. A small water trench naturally divides the two main parcels. The property is zoned for commercial use, allowing for a wide range of development possibilities. Conveniently situated, it benefits from access to public water and sewer services, simplifying infrastructure needs. This prime location, combined with its size and high visibility, makes it an ideal site for a variety of commercial developments. The property's accessibility and high traffic volume make it a compelling investment for businesses seeking maximum exposure and convenient access for customers. This is a rare opportunity to acquire a significant commercial land parcel in a thriving location.

    Property Features for 749 Derr Dr

    General Information

    Property type
    Land
    Lot Size
    171,888 SF

    HighLights

    • 3.946‑acre site (3.51 acres usable) with prominent US Route 15 frontage.
    • High traffic counts: 11,007 northbound and 10,554 southbound vehicles daily.
    • Level site, minor slope to rear.
    • Over 700 feet of US Route 15 frontage offering excellent visibility.
    • Public water and sewer available.
    • Commercial Highway zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Union
    State
    Pennsylvania
    Longitude
    -76.8927465
    Latitude
    40.9714488

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    FAQs

    What type of property is this?
    Land - 3.946 Acres, US Route 15 Frontage
    Where is this land located?
    The property is located at 749 Derr Dr Lewisburg, PA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 3.946-acre site (3.51 acres usable) with prominent US Route 15 frontage.; High traffic counts: 11,007 northbound and 10,554 southbound vehicles daily.; Level site, minor slope to rear.
    Request Owner's contact information
    749 Derr Dr Lewisburg, PA 17837
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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
    749 Derr Dr Lewisburg, PA 17837
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