Property summary
This exceptional 4.1-acre commercial land parcel presents a unique redevelopment opportunity in State College, Pennsylvania. Located on East College Avenue, this site boasts unparalleled visibility and accessibility, situated within eyesight of Beaver Stadium, the Bryce Jordan Center, and other Penn State athletic facilities. The property's strategic location on a major thoroughfare leading into downtown State College ensures high traffic volume, with East College Avenue seeing 22,000… vehicles per day. Its proximity to the State College exit on Route 322 and its location just two miles from I-99 further enhances its accessibility. The site is also conveniently located between downtown State College and a major shopping center anchored by Walmart and Sam's Club, providing a strong retail draw. The property's multi-tiered topography allows for creative building designs, accommodating features such as drive-throughs, multi-story structures, and rooftop patios. Development options include land leases or built-to-suit opportunities, making it ideal for a variety of uses, including convenience stores, hotels, retail establishments, quick-service restaurants, or office space. The property neighbors a substantial 651-bed student housing complex with over 25,000 square feet of existing retail space, creating a synergistic environment. This location benefits from the strong economic presence of Penn State University, the largest public university in Pennsylvania, with over 47,000 students and 44,000 employees. Centre County, where State College is located, has a population of 158,425 and a median household income of $70,087. State College itself boasts a population of 41,092, further augmented by the significant student population. The town is a major tourist destination, attracting 1.5 to 2 million visitors annually, and is known for its robust job market, with a current growth rate of 1.7% and a projected 35.45% increase over the next decade. This property offers an exceptional investment opportunity in a thriving and dynamic market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
