248 Peninsula Dr Central City, PA 15926
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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