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Property profile

2724 State Rte Montandon, PA 17850

OFF-MARKET
Retail properties & Spaces
1.48 ac lot
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Property summary

AI-generated overview

This exceptional 1.48-acre commercial property in Montandon, PA, is ideally situated along State Route 45, offering unparalleled visibility and accessibility. Zoned Village, it permits a diverse range of commercial and residential uses, making it perfect for a variety of development projects, including bank, convenience store, or fast-food establishments. The property's location boasts high traffic counts due to its proximity to major employers like Geisinger Milton, Milton Industrial Park, Central Susquehanna Intermediate Unit, and the United States Penitentiary Lewisburg, creating a strong demand for additional retail options. The site benefits from its convenient location, within 2 miles of Lewisburg, 10 miles of Shamokin Dam, and 15 miles of Danville, and is also near Bucknell and Susquehanna Universities. The completion of the Central Susquehanna Valley Transportation - Northern Section in Summer 2022 further enhances accessibility. The APN is 062-02-023-099. An adjacent parcel may also be available for purchase, providing an opportunity for larger-scale development. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area. The asking price is $695,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.48 ac (64,469 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2724 State Rte Montandon, PA 17850
Montandon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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