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    109 Grace Ave Centre Hall, PA 16828

    For Sale
    $695,000

    3.9 Acres, Prime Rt. 45 Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.9-acre commercial land parcel in Centre Hall, Pennsylvania, presents a unique investment opportunity. Strategically located along Route 45, the property boasts over 287 feet of frontage, plus an additional 150 feet of frontage on Homan Drive, providing excellent access and visibility. Currently featuring two rentable mobile homes and several outbuildings, this property generates immediate income while development plans are secured. The site's prime location near the Grange Fair and other significant commercial developments, including a new Wawa, positions it for substantial growth. The asking price is $695,000. The property's zoning is commercial, and the parcel is identified by APN numbers 20-005-,039W,0000-

    Property Features for 109 Grace Ave

    General Information

    Property type
    Land
    Lot Size
    169,884 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Centre Hall
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.6793209
    Latitude
    40.8322094

    Nearby Comparable

    • $1,200,000
      14.58 Acres

      Prime Centre Hall Commercial Land

      14.58 Acres, US-322 Frontage
      0 General Potter Hwy, Centre Hall, PA 16828
      View Details
    • $5,500,000

      Centre Hall Self Storage Facility

      Self-storage facility available for sale in Centre Hall, Pennsylvania.
      138 Yearicks Blvd, Centre Hall, PA 16828
      View Details

    Nearby Similar for Sale

    • $5,500,000

      Centre Hall Self Storage Facility

      Self-storage facility available for sale in Centre Hall, Pennsylvania.
      138 Yearicks Blvd, Centre Hall, PA 16828
      View Details

    FAQs

    What type of property is this?
    Land - 3.9 Acres, Prime Rt. 45 Location
    Where is this land located?
    The property is located at 109 Grace Ave Centre Hall, PA.
    What is the asking price?
    The asking price for this property is $695,000.
    Request Owner's contact information
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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
    109 Grace Ave Centre Hall, PA 16828
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