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    99 Forrest Ave Shrewsbury, PA 17361

    Sponsored
    For Sale
    $2,000,000

    Prime Shrewsbury location, 1.7 acres, retail potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.7-acre parcel, located at 99 East Forrest Avenue in Shrewsbury, Pennsylvania (zip code 17361), presents a compelling investment opportunity. The property is zoned for retail use and boasts significant street frontage, offering excellent visibility and accessibility for potential businesses. Situated in York County, this location benefits from strong local demographics and convenient access to major transportation routes. The asking price for this expansive land parcel is $2,000,000. The substantial lot size provides ample space for a variety of development projects, from single-tenant retail buildings to multi-tenant complexes. Given its prime location and considerable size, this property represents a rare opportunity to acquire a highly desirable retail site in a thriving Pennsylvania community. The property's address is 99 E Forrest Ave, Shrewsbury, PA 17361, with GPS coordinates of 39.77123 latitude and -76.6724257 longitude. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property is currently vacant and ready for immediate development.

    Property Features for 99 Forrest Ave

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • 1.7‑acre lot in Shrewsbury, PA.
    • Retail zoning with high visibility and accessibility.
    • $2,000,000 asking price.
    • Suitable for various development projects, including single- and multi‑tenant retail buildings.
    • Located at 99 E Forrest Ave, Shrewsbury, PA 17361 (39.77123, -76.6724257).
    Property Profile Location Intelligence

    Current Use by Public Records

    Coach Light Restaurant Family Restaurant U-Haul Neighborhood Dealer Truck Rental Agency

    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
    Shrewsbury
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6724257
    Latitude
    39.77123

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,350,000
      7,056 SF

      Shrewsbury Daycare Center - For Sale

      Thriving Daycare Business & Real Estate
      87 Forrest Ave, Shrewsbury, PA 17361
      View Details
    • $420,000
      1,522 SF

      Shrewsbury Office Building - High Traffic Area

      Prime Commercial Space, High Visibility, Investment Opportunity
      25 Old Farm Ln, Shrewsbury, PA 17361
      View Details
    • $400,000
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      2 Park St, Shrewsbury, PA 17361

      Commercial real estate • 6,720 SF
      2 Park St, Shrewsbury, PA 17361
      View Details

    FAQs

    What type of property is this?
    Land - Prime Shrewsbury location, 1.7 acres, retail potential.
    Where is this land located?
    The property is located at 99 Forrest Ave Shrewsbury, PA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 1.7-acre lot in Shrewsbury, PA.; Retail zoning with high visibility and accessibility.; $2,000,000 asking price.
    Request Owner's contact information
    99 Forrest Ave Shrewsbury, PA 17361
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    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
    99 Forrest Ave Shrewsbury, PA 17361
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