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    1 Ross Ave New Cumberland, PA 17070

    Sponsored
    For Sale
    $550,000

    High-visibility corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.62-acre commercial development site in New Cumberland, Pennsylvania, is priced at $550,000 and offers significant potential for retail, office, or other commercial uses. Located in the Village Business District, the property boasts 275 linear feet of frontage and enjoys high visibility due to its corner location directly in front of Fairview Commons and Fairview Plaza Shopping centers. Its strategic position provides easy access to a substantial customer base, enhanced by its proximity to the New Cumberland Army Depot, the largest Department of Defense wholesale distribution site in the US. The site is conveniently located within one mile of Interstate 83 and the Pennsylvania Turnpike, ensuring excellent accessibility for both customers and employees. Furthermore, its close proximity to Capital City Airport adds to its appeal. A ground lease option is also available for this owner/user investment opportunity. This property presents a rare chance to establish a thriving business in a high-traffic area with strong demographics and excellent infrastructure.

    Property Features for 1 Ross Ave

    General Information

    Property type
    Land
    Lot Size
    27,007 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • 275 feet of road frontage.
    • Less than one mile to I‑83 and the Pennsylvania Turnpike.
    • Convenient proximity to Capital City Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    New Cumberland
    County
    York
    State
    Pennsylvania
    Longitude
    -76.85968707
    Latitude
    40.22422328

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    FAQs

    What type of property is this?
    Land - High-visibility corner lot, ideal for development.
    Where is this land located?
    The property is located at 1 Ross Ave New Cumberland, PA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; 275 feet of road frontage.; Less than one mile to I-83 and the Pennsylvania Turnpike.
    Request Owner's contact information
    1 Ross Ave New Cumberland, PA 17070
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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
    1 Ross Ave New Cumberland, PA 17070
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