308 Logan Blvd Yeagertown, PA 17099
This exceptional 0.52-acre outparcel in Burnham, PA, presents a unique investment opportunity. Located at 308 N Logan Blvd, this property boasts a 2,360 square foot single-tenant retail building, currently configured as a bank with a drive-through. The building is Class B and sits on a 0.52-acre lot within the Greater Lewistown Plaza, enjoying excellent visibility from N Logan Blvd (8,500 vehicles per day) and proximity to Freedom Ave (9,500 vehicles per day). Strong co-tenants include Dunham's, Weis Markets, JCPenny, Geisinger, and CVS, ensuring high foot traffic and a thriving retail environment. The property is zoned for General Commercial use in Mifflin County and offers the potential for continued operation as a bank or redevelopment to suit a variety of retail uses. Its convenient location, less than one mile from the Burnham exit of US Routes 22-322, provides easy access for customers and employees. The site benefits from its proximity to State College (under 40 minutes) and Harrisburg (60 miles), tapping into a larger regional market. The surrounding area has a population of 46,585, with a median household income of $42,019. This presents a compelling opportunity for investors seeking a well-located retail property in a growing market. The property's existing infrastructure and strong location make it an attractive option for both lease and purchase.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.