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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

308 Logan Blvd Burnham, PA 17009

4,900 SF 0.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.527-acre outparcel in Burnham, Pennsylvania, presents a unique investment opportunity. Located at 308 N Logan Blvd, this property boasts 4,900 square feet of buildable space and an existing 2,360 square foot bank building with a drive-through. The site benefits from excellent visibility on N Logan Blvd, which sees 8,500 vehicles per day, and is conveniently situated near the intersection with Freedom Avenue (9,500 VPD). Its location within the Greater Lewistown Plaza provides strong co-tenancy with established businesses such as Dunham's, Weis Markets, JCPenny, Geisinger, and CVS. The property is zoned for General Commercial use and offers easy access to US Routes 22-322 (approximately 1 mile away, with 24,000 vehicles per day). Its strategic location is less than 30 miles from State College and 60 miles from Harrisburg, providing access to a substantial population base. The existing bank building presents an immediate income stream or redevelopment potential, making this a versatile asset for a variety of commercial uses. The property is situated in Mifflin County, a region influenced by the proximity of Pennsylvania State University in State College. Mifflin County has a population of 46,585, with a median household income of $42,019. This property offers significant potential for growth and return on investment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,900 SF
Lot 0.53 ac (22,956 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
Current use
Occupant on record · Public records
  • Citizens Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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