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    Pacific Ave Reedsville, PA 17063

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Pacific Ave

    Year built
    9999
    Property type
    Commercial real estate

    Description

    This exceptional 33-unit multifamily property in Milroy, Pennsylvania, presents a compelling investment opportunity. Located on Pacific Avenue in Mifflin County (APN 12-05-0103-000), this complex offers a blend of existing and new construction. Sixteen units, recently completed, are fully rented with strong, reliable tenants generating immediate income. The remaining seventeen units are currently under construction, boasting modern features including walk-in showers in master bathrooms and granite countertops throughout. All units include stainless steel appliances. The development, known as Shalamar Gardens, is part of a larger residential housing project in Armagh Township, featuring dedicated roadways and utility infrastructure. A homeowners association will maintain the stormwater management facilities post-completion. The property's desirable location, combined with its proximity to State College and scenic views, makes it an attractive investment prospect with significant potential for future growth and strong rental demand. The property's convenient access via Hill Street in Milroy adds to its appeal. This is a rare chance to acquire a well-positioned multifamily asset with a mix of established income and future development potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reedsville
    County
    Mifflin
    State
    Pennsylvania
    Longitude
    -77.5872
    Latitude
    40.7046

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

      11 College Park Ln

      MOBILE HOME PARK, TRAILER PARK • 0.45 Acres
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    • Value Estimation
      $175,000
      0.28 Acres

      76 Mechanic St

      GARDEN APT, COURT APT (5+ UNITS) • 0.28 Acres
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    • Value Estimation
      $305,000
      4.08 Acres

      Milroy, PA 17063

      MOBILE HOME PARK, TRAILER PARK • 4.08 Acres
      Milroy, PA 17063
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    • Value Estimation
      $195,000
      3,124 SF

      7 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 3,124 SF
      7 Main St, Milroy, PA 17063-8629
      View Details
    • Value Estimation
      $255,000
      1,766 SF

      89 Main St

      APARTMENT HOUSE (5+ UNITS) • 1,766 SF
      89 Main St, Milroy, PA 17063-9459
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    • Value Estimation by Request
      0.34 Acres

      51 Anita St 5th 9th Jean Ln

      MOBILE HOME PARK, TRAILER PARK • 0.34 Acres
      51 Anita St 5th 9th Jean Ln, Milroy, PA 17063
      View Details

    Similar Nearby for Sale

    • $850,000
      10,888 SF

      104 Oak St, Milroy, PA 17063

      Commercial real estate • 10,888 SF
      104 Oak St, Milroy, PA 17063
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    • $7,850,000

      Residential Development Site in Milroy

      Prime residential development site with expansion potential in Milroy, PA.
      Hill St, Milroy, PA 17063
      View Details
    • $7,850,000
      16 SF

      Residential Development Opportunity in Milroy

      Residential development opportunity with immediate income and future upside.
      Pacific Ave, Milroy, PA 17063
      View Details
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    Pacific Ave
    Reedsville, PA 17063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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