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Property profile & analytics
OFF-MARKET
Commercial real estate

2 Pa 115 Blakeslee, PA 18347

160.69 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 160.69 ac (6,999,656 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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