Property profile

7371 Pa-328 Millerton, PA 16936

OFF-MARKET
Mixed-use properties
2,880 SF 1.75 ac lot Built 1954
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1954
Total area 2,880 SF
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

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

Location

7371 Pa-328 Millerton, PA 16936
Millerton 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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