Property profile

0 Darrow Rd Edinboro, PA 16412

OFF-MARKET
Land
13.5 ac lot
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Property summary

AI-generated overview

This exceptional 13.5-acre property in Edinboro, Pennsylvania, presents a unique investment opportunity. Zoned R-4 (Multi-Family Residential), this land offers significant potential for developers seeking to capitalize on its strategic location directly across from Penn West University. The property comprises four combined parcels (109 & 110 Banff, 204 & 402 Darrow Road), totaling 13.5 acres and listed at $514,500. Its proximity to the university makes it ideal for student housing or other multi-family residential developments. The property's zoning allows for a variety of development options, catering to a diverse range of potential projects. While the entire 13.5 acres is offered as a single package, individual parcels are also available for separate purchase. Specifically, the removal of one parcel (204 Darrow Road) reduces the total acreage and price to 12.5 acres for $474,500. Parcel 204 Darrow Road can also be purchased separately for $40,000. This presents a flexible acquisition strategy to suit various investment needs and budgets. Don't miss this chance to secure this prime real estate in a thriving Pennsylvania community. The property is located at 0 Darrow Rd, Edinboro, PA 16412, in Erie County.

Property profile

Verified
Property type Land
Lot 13.5 ac (588,060 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Darrow Rd Edinboro, PA 16412
Edinboro metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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