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    1St Ave Derry, PA 15627

    • Commercial real estate
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1St Ave

    Lot size
    0.25 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique investment opportunity in Derry, PA. Encompassing two lots (Lot A & B) totaling approximately 0.25 acres, this land is strategically positioned within a thriving commercial area of Derry Borough. Its prime location offers unparalleled visibility and accessibility, making it an attractive proposition for a diverse range of businesses. The substantial size of the combined lots provides ample space for development, allowing for flexibility in design and construction to suit individual business needs. The property's location within a bustling commercial district ensures high foot traffic and potential customer exposure. This makes it an ideal site for retail establishments, restaurants, offices, or other commercial ventures seeking a prominent presence in a vibrant community. The asking price of $49,900 represents a compelling investment opportunity given the property's size, location, and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. This is a rare chance to secure a foothold in a thriving Derry Borough commercial district. Don't miss this opportunity to establish your business in a high-traffic, highly visible location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Derry
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.3004
    Latitude
    40.3335

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    1St Ave
    Derry, PA 15627
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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
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