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Property profile & analytics
OFF-MARKET
Land

248 Peninsula Dr Central City, PA 15926

1.4 ac lot
Property ID
Property summary
AI-generated overview

Prime 1.4-acre commercial lot in Central City, Pennsylvania, awaits development. Located at Lot 248 Peninsula Drive, this property boasts a desirable location near Indian Lake, offering exceptional recreational opportunities. The lot is zoned residential, presenting a unique opportunity for various commercial ventures. A recent survey and newly installed driveway simplify the development process. The land is partially cleared and relatively flat, making construction straightforward. Preliminary soil testing for a septic system has already been conducted, with the report available upon request. Enjoy the benefits of Indian Lake's 750 acres, including boating, fishing, hiking, biking, golfing, and cross-country skiing. The property's convenient location provides easy access to major cities like Pittsburgh, Washington D.C., and Baltimore via the Pennsylvania Turnpike. The asking price is $69,900, and the APN is 19-037-104-00. This presents a rare chance to acquire a well-situated, ready-to-build lot with significant potential. Seize this opportunity to create a thriving business or residential development in a picturesque lakeside setting. The property is in Somerset County, PA, zip code 15926.

Property profile
Verified
Property type Land
Lot 1.4 ac (60,984 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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