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Property profile & analytics
OFF-MARKET
Commercial real estate

2 New Castle Rd Prospect, PA 16052

2.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.16-acre commercial lot presents a remarkable investment opportunity in Prospect, Pennsylvania. Strategically located on New Castle Road (Route 422), this property boasts significant road frontage, ensuring high visibility and accessibility for any commercial venture. Its prime location offers easy access to Interstate 79, providing convenient connectivity to regional transportation networks. Furthermore, the proximity to the renowned Moraine State Park adds to its appeal, potentially attracting businesses catering to outdoor enthusiasts and tourists. The property has already undergone perk testing, streamlining the development process for future construction. This versatile land parcel offers a multitude of potential uses, making it an ideal canvas for entrepreneurs and developers seeking a high-impact location. The asking price of $175,000 represents a compelling value for this strategically positioned commercial land, offering significant potential for return on investment. The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke commercial development tailored to specific business needs. Don't miss this chance to secure a prime commercial property in a thriving area with excellent access and visibility. This is a rare opportunity to acquire a well-situated parcel ready for immediate development.

Property profile
Verified
Property type Commercial real estate
Lot 2.16 ac (94,090 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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