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    Shiloh Rd State College, PA 16801

    Sponsored
    For Lease
    Contact for pricing

    Two prime commercial land parcels, purchase options available.

    Lot size:
    92,783 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents two distinct commercial land parcels in the thriving State College area of Centre County. The property consists of a total of 2.13 acres, strategically positioned in a high-traffic location near established businesses such as Best Western and Sheetz, ensuring excellent visibility and accessibility. The parcels are individually available with attractive lease-to-own options.

    Property Features for 0 Shiloh Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,783 SF

    Unit(s) available at that property

    Space
    Size
    92,783 SF

    HighLights

    • 2.13 acres of commercially zoned land in Centre County.
    • Single‑tenant occupancy.
    • Two parcels available: Site A (0.75 acres) with a $2,900/month, 60‑month NNN lease and $400,000 purchase option; Site B (1.4 acres) with a $5,500/month, 60‑month NNN lease and $850,000 purchase option.
    • High‑traffic location near Best Western and Sheetz.
    • Parcels are subdividable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.80225309429
    Latitude
    40.837065988471

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    FAQs

    What type of property is this?
    Land - Two prime commercial land parcels, purchase options available.
    Where is this land located?
    The property is located at Shiloh Rd State College, PA.
    What are key features of this property?
    This property features: 2.13 acres of commercially zoned land in Centre County.; Single-tenant occupancy.; Two parcels available: Site A (0.75 acres) with a $2,900/month, 60-month NNN lease and $400,000 purchase option; Site B (1.4 acres) with a $5,500/month, 60-month NNN lease and $850,000 purchase option.
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    Shiloh Rd 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
    Shiloh Rd State College, PA 16801
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