Rd/20 Hill Rd Denver, PA 17517
This exceptional 5.4-acre commercial land parcel presents a prime redevelopment opportunity in Denver, Pennsylvania. Strategically located on North Reading Road, just off the Pennsylvania Turnpike entrance, this corner lot boasts significant road frontage and visibility. The property is zoned General Commercial C-1, allowing for a diverse range of retail and commercial uses. With over 16,000 vehicles passing North Reading Road daily and easy access to I-76 (carrying over 28,000 vehicles daily), this site offers unparalleled exposure and accessibility. New Hill Road is partially complete, with the Route 272 corners already curbed, paved, and seeded. Updated lot lines are in place, simplifying the development process. This location provides a unique chance for retailers to establish a strong presence in the thriving Denver community market. The asking price is $2,500,000. This is a rare opportunity to acquire a well-positioned, sizable parcel ready for immediate development. The property's high traffic count, convenient location, and flexible zoning make it an ideal investment for discerning developers seeking significant return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.