2 New Castle Rd Prospect, PA 16052
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.