Current Use by Public Records
- Land
Property Details for 0 Parkview Ln
- Lot size
- 3.27 lot acres
- Property type
- Land
Description
This exceptional 3.27-acre commercial land parcel presents a remarkable investment opportunity in Altoona, Pennsylvania. Situated on Parkview Lane, this property enjoys unparalleled visibility and accessibility, directly adjacent to the well-established Jethro's Restaurant and within close proximity to major retailers such as Target, Walmart, and numerous other national chains. The location boasts exceptional daily traffic exceeding 30,000 vehicles at the Plank Road and Parkview Lane intersection, ensuring high exposure for any development. The property's strategic position off the I-99 and Plank Road interchange places it at the heart of Altoona's thriving commercial corridor. While no zoning permits are currently in place, the township allows for development of various uses, including commercial, medical and professional offices, hotels, mini-storage facilities, multifamily dwellings, apartments, and condominiums. The surrounding area demonstrates robust retail and commercial growth, with recent additions like Panda Express, Sleep Number, and Starbucks. The site benefits from a strong demographic profile, serving a population of approximately 100,949 people within a 10-mile radius, boasting an average household income of $76,472. Altoona's retail market draws customers from up to 20 miles away, further enhancing the property's potential. This prime location, coupled with the high traffic volume and surrounding commercial activity, makes this land ideal for a variety of development projects. The asking price is $400,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- Blair
- State
- Pennsylvania
- Longitude
- -78.4079
- Latitude
- 40.4588
