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    1001 Shiloh Rd State College, PA 16801

    Sponsored
    For Sale
    Contact for pricing

    Prime 6.6-acre development site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.6-acre commercial land parcel presents a unique investment opportunity in State College, Pennsylvania. Ideally situated just off the Shiloh Road exit of I-99, a major thoroughfare with over 33,000 vehicles daily, this property boasts excellent visibility and accessibility. The lot offers significant frontage along Shiloh Road (10,000 vehicles per day), making it perfect for a variety of commercial uses. The Planned Research & Business zoning allows for a wide range of development options, including retail, restaurants, hotels, offices, medical facilities, recreational uses, and light manufacturing. This location benefits from a strong existing commercial base, including the Nittany Mall, Walmart, and other major retailers, and is further enhanced by a nearby residential development underway, adding over 800 new housing units. The property's proximity to Penn State University, via I-99, and its convenient access to I-80 and Route 322, ensures high traffic volume and a large potential customer base. Enjoy spectacular views of the State College skyline, including Beaver Stadium and the surrounding mountains. This is an unparalleled chance to capitalize on the thriving commercial landscape of Happy Valley. The property is located in Centre County, PA, zip code 16801, and offers a compelling opportunity for developers seeking a high-impact location within a rapidly growing market.

    Property Features for 1001 Shiloh Rd

    General Information

    Property type
    Land
    Lot 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 - Prime 6.6-acre development site
    Where is this land located?
    The property is located at 1001 Shiloh Rd State College, PA.
    (717) 843-5555
    Request Owner's contact information
    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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