7371 Pa-328, Millerton, PA 16936
This exceptional 1.75-acre property in Millerton, Pennsylvania, presents a unique redevelopment opportunity. Located at 7371 PA-328, this site boasts a 2,880 square foot building constructed in 1954, formerly used as a gas station. The property has been vacant for over a decade, and the seller is actively working to obtain the necessary Department of Environmental Protection (DEP) documentation related to the removal of underground storage tanks and soil remediation. Preliminary information suggests this process is nearing approval. The property is zoned for commercial use, offering significant potential for a variety of businesses. A compelling aspect of this offering is the inclusion of an adjacent 0.87-acre parcel located in New York, significantly expanding the total land area available for development. The asking price is $459,900, translating to $159.69 per square foot. This one-story building sits on a large lot in Chemung County, Pennsylvania, zip code 16936, offering ample space for expansion or new construction. The property's strategic location and substantial acreage make it an attractive investment for developers and entrepreneurs seeking a prime commercial site in a growing area. Serious inquiries are encouraged to explore this promising opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.