2 Pa 115 Blakeslee, PA 18347
This exceptional 160.69-acre property in Blakeslee, PA, presents a unique investment opportunity. Located just four miles north of I-80 (Exit 284) and approximately ten miles from I-476/PA Turnpike, this expansive parcel boasts approximately half a mile of Route 115 road frontage, ensuring excellent accessibility. The land is primarily wooded, offering a tranquil setting with significant development potential. The seller suggests potential uses including, but not limited to, residential development (potentially 45 two-acre lots or 100 one-acre lots, subject to zoning variances), a religious retreat or church, a hunting club, or a private estate. A significant added value is the presence of vast marketable sand deposits. Detailed surveys, contour maps, and other relevant mapping documents are available for review. The property is conveniently located within a two-hour drive of both New York City and Philadelphia via major highways, making it an attractive location for a variety of commercial ventures. The asking price is $599,000.
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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No recorded transactions found for this property.
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Risks
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