1001 Shiloh Rd State College, PA 16801
This ±6.6-acre commercial land parcel presents a unique development opportunity in State College, Pennsylvania. Situated just off I-99's Shiloh exit (a major thoroughfare with over 33,000 vehicles daily), this property boasts exceptional visibility and accessibility. The lot features frontage along Shiloh Road, a high-traffic artery with 10,000 vehicles per day. Its Planned Research & Business zoning allows for a diverse range of commercial uses, including retail, restaurants, hotels, offices, medical facilities, recreational spaces, and light manufacturing. The area is experiencing significant growth, with a new residential development adding over 800 units nearby, further enhancing the property's potential. Surrounded by existing commercial and multifamily developments, this location offers spectacular views of the State College skyline, including Beaver Stadium and the surrounding mountains. Convenient access to I-80 and Route 322 adds to its strategic location within a thriving commercial hub that includes Nittany Mall, Walmart, and other major retailers. This prime location makes it ideal for a hotel, restaurant, or other commercial venture seeking high visibility and strong potential for return on investment.
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
Similar Nearby for Lease
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.