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    149 Foster Hill Rd Milford, PA 18337

    For Lease
    Contact for pricing

    27-Acre Retail & Restaurant Development Opportunity

    Lot size:
    1,176,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 27-acre development presents a unique opportunity in the historic Milford Town Center. The property is ideally situated along Route 209, just half a mile north of Route 206, benefiting from a high volume of daily traffic exceeding 12,700 vehicles. A proposed traffic light at the Route 209 entrance will further enhance accessibility and visibility. The site is strategically located only five miles south of Matamoras, with I-84 less than six minutes away, providing excellent regional connectivity. Currently, one retail space is immediately available within this mixed-use development, which also encompasses medical and restaurant spaces. This presents a chance to establish a presence in a thriving community. The property's zoning allows for a variety of uses, making it suitable for a range of businesses. Furthermore, an additional seven acres across Route 209 are available, with six more acres slated for future development, offering potential for expansion or strategic partnerships. This prime location, combined with the high traffic count and proximity to major transportation routes, makes this a truly compelling investment opportunity. The property is located in Pike County and offers multiple tenancy options.

    Property Features for 149 Foster Hill Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,176,120 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,176,120 SF

    HighLights

    • Retail and restaurant space available in a new Milford Town Center development.
    • 27‑acre site with medical, retail, and restaurant uses.
    • Excellent location on Route 209, near Route 206 and I‑84.
    • High traffic count (12,700+ VPD).
    • Future development potential on an adjacent 7‑acre parcel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Auto Repair Shop Pharmacy Wholesale Shop Auto Parts Store Bar & Pub Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.8074983
    Latitude
    41.343175

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    FAQs

    What type of property is this?
    Restaurant - 27-Acre Retail & Restaurant Development Opportunity
    Where is this restaurant located?
    The property is located at 149 Foster Hill Rd Milford, PA.
    What are key features of this property?
    This property features: Retail and restaurant space available in a new Milford Town Center development.; 27-acre site with medical, retail, and restaurant uses.; Excellent location on Route 209, near Route 206 and I-84.
    Request Owner's contact information
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    Milford, PA 18337
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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
    149 Foster Hill Rd Milford, PA 18337
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