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Property profile & analytics
OFF-MARKET
Land

0 Pacific Ave Reedsville, PA 17063

19.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.24-acre parcel in Mifflin County, Pennsylvania, presents a unique investment opportunity. Located on Pacific Avenue in Milroy, this land is part of the Shalamar Gardens Land Development Plan, an approved residential subdivision project in Armagh Township. The offering encompasses sixteen (16) fully approved and developed half-duplex pad sites, ready for immediate construction. Access is conveniently located off Hill Street in Milroy. The comprehensive plan includes the creation of 138 individual lots, complete with associated roadways, utilities, and stormwater management facilities. Upon completion of the development, roadways will be dedicated to the township, and a homeowners association will maintain the stormwater management systems. The final acreage conveyed will be determined by the number of units purchased. This is an ideal opportunity for developers seeking a turnkey residential project in a desirable Pennsylvania location. The asking price of $560,000 reflects the purchase of the sixteen developed half-duplex pad sites. The property's location in Milroy, PA, zip code 17063, offers convenient access to local amenities and services. This is a prime opportunity to capitalize on the growing demand for residential housing in the area. Detailed site plans and further information are available upon request.

Property profile
Verified
Property type Land
Lot 19.24 ac (838,094 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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