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Property profile & analytics
OFF-MARKET
Land

000 Rikers Rd Punxsutawney, PA 15767

120 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 120+ acre property in Punxsutawney, Jefferson County, Pennsylvania, presents a unique investment opportunity. Located at 000 Rikers Rd, zip code 15767, this expansive land parcel boasts a diverse range of potential uses. The property is zoned for commercial development and offers a compelling blend of industrial, residential, and recreational possibilities. A significant portion of the acreage is covered by a mature forest featuring hardwoods, softwoods, and conifers, providing a natural, scenic backdrop. Its elevated position above PA-119 State Highway ensures excellent visibility and accessibility. The property's strategic location along PA-119 and the Buffalo-Pittsburgh Railroad provides significant logistical advantages for various commercial ventures. Currently serving as wildlife habitat, this land offers the potential for diverse development, from residential housing and recreational facilities to industrial projects. The asking price for this remarkable property is $450,000. This is a rare opportunity to acquire a large tract of land with significant development potential in a desirable Pennsylvania location. The property's size, location, and zoning make it an attractive investment for developers and entrepreneurs seeking a versatile and strategically located land parcel.

Property profile
Verified
Property type Land
Lot 120 ac (5,227,200 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
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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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