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    36 Forrest Ave Shrewsbury, PA 17361

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    For Lease
    Contact for pricing

    Prime 1-Acre Commercial Lot in Shrewsbury, PA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.01-acre commercial land parcel presents a unique investment opportunity in the thriving Shrewsbury, Pennsylvania market. Strategically located on East Forrest Avenue, this property enjoys high visibility and accessibility, situated on the main thoroughfare connecting Interstate 83 to Shrewsbury's vibrant downtown area. The convenient location ensures excellent exposure to a substantial daily traffic volume, benefiting from the strong demographics and consistent growth experienced within Shrewsbury. Zoned as Village, this versatile property allows for a diverse range of commercial and residential development options, catering to a variety of business and housing needs. The site's size and location make it ideal for a variety of commercial ventures, from retail establishments and restaurants to professional offices or light industrial uses. This prime location offers significant potential for substantial returns on investment, capitalizing on Shrewsbury's ongoing commercial and residential expansion. The property's address is 36 E Forrest Ave, Shrewsbury, PA 17361, within York County. This is a single-tenant property, offering a clear and straightforward development path. The property's latitude and longitude coordinates are 39.768506 and -76.678458 respectively. This presents a rare chance to acquire a well-positioned commercial lot in a rapidly growing area.

    Property Features for 36 Forrest Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.01‑acre commercial land parcel in Shrewsbury, PA, offering high visibility and accessibility on East Forrest Avenue.
    • High traffic volume location connecting I‑83 to Shrewsbury's downtown, benefiting from strong demographics and growth.
    • Village zoning allows diverse commercial and residential development options.
    • Ideal for retail, restaurants, offices, or light industrial uses.
    • 36 E Forrest Ave, Shrewsbury, PA 17361 (York County); coordinates: 39.768506, -76.678458.
    • Single‑tenant property with significant ROI potential in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    York
    State
    Pennsylvania
    Longitude
    -76.678458
    Latitude
    39.768506

    Nearby Comparable

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      31,389 SF

      Shrewsbury Office Building for Lease

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      Anchored Retail Shopping Center Space

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      Shrewsbury Commons

      Shopping centers • 295,821 SF
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      94,706 SF

      Shrewsbury Square Retail Center

      I-83 Retail Space Available Now
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      1,510 SF

      Grocery-Anchored Retail Space Available

      Retail space available in Shrewsbury Square shopping center.
      14625 Mount Airy Rd, Shrewsbury, PA 17361
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    • $3 SF/Yr
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      Shrewsbury Storage - 390 sq ft Units

      Secure Storage Units in Downtown Shrewsbury
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      Prime Retail Space on Main

      High-visibility commercial space in Shrewsbury with flexible layout options.
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      Stonebridge Plaza: Shrewsbury Retail

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      75,620 SF

      Market Square Retail Center

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    Nearby Similar for Lease

    • $1,449 /Mo
      43,124 SF

      Shrewsbury Commercial Office/Flex Space

      2,200 SF commercial space with custom buildout options available.
      518 S Main St, Shrewsbury, PA 17361
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    • $4,500 /Mo

      Prime Retail Space on Main

      High-visibility commercial space in Shrewsbury with flexible layout options.
      502 S Main St, Shrewsbury, PA 17361
      View Details
    • $22 SF/Yr
      5,568 SF

      Anchored Retail Shopping Center Space

      Anchored retail center with high-traffic tenants and strategic location.
      611 Shrewsbury Commons Ave, Shrewsbury, PA 17361
      View Details
    • $22 SF/Yr
      1,050 SF

      Anchored Retail Shopping Center Space

      Retail space in a high-traffic shopping center.
      564 Shrewsbury Commons Ave, Shrewsbury, PA 17361
      View Details
    • Contact for pricing
      75,620 SF

      Market Square Retail Center

      York County Anchored Retail Opportunity
      549 Main St, Shrewsbury, PA 17361
      View Details
    • Contact for pricing
      94,706 SF

      Shrewsbury Square Retail Center

      I-83 Retail Space Available Now
      0 Rte. 851 & Mt. Airy Rd, Shrewsbury, PA 17361
      View Details
    • Contact for pricing
      31,389 SF

      Shrewsbury Office Building for Lease

      31,389 SF Office Space, Multiple Suites Available
      73 Forrest Ave, Shrewsbury, PA 17361
      View Details
    • $24 SF/Yr
      94,706 SF

      Shrewsbury Square Retail Center

      Grocery-anchored retail center, 3 spaces available
      0 Pa-851 & Mt. Airy Rd, Shrewsbury, PA 17361
      View Details
    • $3 SF/Yr
      400 SF

      Shrewsbury Storage - 390 sq ft Units

      Secure Storage Units in Downtown Shrewsbury
      431 Main St, Shrewsbury, PA 17361
      View Details
    • Contact for pricing
      1,510 SF

      Grocery-Anchored Retail Space Available

      Retail space available in Shrewsbury Square shopping center.
      14625 Mount Airy Rd, Shrewsbury, PA 17361
      View Details
    • $22 SF/Yr
      295,821 SF

      Shrewsbury Commons

      Shopping centers • 295,821 SF
      582 Shrewsbury Commons Ave, Shrewsbury, PA 17361
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1-Acre Commercial Lot in Shrewsbury, PA
    Where is this land located?
    The property is located at 36 Forrest Ave Shrewsbury, PA.
    What are key features of this property?
    This property features: 1.01-acre commercial land parcel in Shrewsbury, PA, offering high visibility and accessibility on East Forrest Avenue.; High traffic volume location connecting I-83 to Shrewsbury's downtown, benefiting from strong demographics and growth.; Village zoning allows diverse commercial and residential development options.
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    36 Forrest Ave Shrewsbury, PA 17361
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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
    36 Forrest Ave Shrewsbury, PA 17361
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