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    401 Plum St Edinboro, PA 16412

    Sponsored
    For Sale
    $795,000

    Up to 33 acres, prime hotel site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional property offers a unique investment opportunity in Edinboro, Pennsylvania. Encompassing up to 33.24 acres of cleared land, this site is ideally suited for hotel development. The property boasts convenient access to Route 6N, ensuring high visibility and accessibility for potential guests. Public water and sewer services are readily available, simplifying the development process. The land is zoned R-2, allowing for a variety of development options. The property is divisible, with options for purchasing smaller parcels. A 22.54-acre parcel, encompassing lots 11-012-039.0-004.06 and 45-021-045.0-019.02, is available for $449,000. A 10.7-acre parcel, lot 11-012-039.0-004.03, is priced at $349,000. The entire 33.24-acre tract, including parcels 11-012-039.0-004.03, 11-012-039.0-004.06, and 45-021-045.0-019.02, is offered for $795,000. Located at 401 W Plum St, Edinboro, PA 16412, in Erie County, this property presents a compelling opportunity for developers seeking a strategic location in a growing market. The property's size and zoning make it suitable for a variety of hospitality projects. This is a rare chance to acquire a significant land parcel with excellent infrastructure in place. Don't miss this chance to build your next hospitality venture.

    Property Features for 401 Plum St

    General Information

    Property type
    Hotels
    Lot Size
    466,092 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinboro
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1405817
    Latitude
    41.8776077

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    FAQs

    What type of property is this?
    Hotel - Up to 33 acres, prime hotel site
    Where is this hotel located?
    The property is located at 401 Plum St Edinboro, PA.
    What is the asking price?
    The asking price for this property is $795,000.
    Request Owner's contact information
    401 Plum St Edinboro, PA 16412
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    Edinboro, PA 16412
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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
    401 Plum St Edinboro, PA 16412
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