0 Pleasant Valley Blvd Altoona, PA 16686
This exceptional 60-acre residential land parcel presents a remarkable investment opportunity in the heart of Tyrone, Pennsylvania. Strategically located between Altoona and State College, this R2-zoned property boasts convenient access to Interstate 99 and Tyrone Area High School, making it highly attractive for residential development. The property features readily available public utilities, including water, sewer, and electricity, significantly streamlining the construction process and reducing associated costs. With approximately 44 acres of buildable land, the site offers considerable flexibility for various residential projects, ranging from single-family homes to multifamily units, catering to a diverse market demand. The location combines the serenity of Central Pennsylvania's natural landscape with the convenience of urban accessibility, promising a balanced lifestyle for future residents. The property's considerable size, strategic location, and readily available utilities make it an exceptionally compelling opportunity for residential developers seeking a prime location in a thriving community. The Blair County location, with its APN numbers 2200030911 and 2200030908, ensures clear title and straightforward acquisition. This is a rare chance to acquire a substantial tract of land perfectly positioned for successful residential development. The asking price is $1,490,000.
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
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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.