Property profile

983 Locust St Saint Michael, PA 15951

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 983 Locust Street in Saint Michael, Pennsylvania, presents a compelling investment opportunity. Situated on a nearly half-acre corner lot within the Forest Hills School District, this substantial building offers significant versatility. The property boasts approximately 4,000 square feet of usable space in the drive-in lower level, presenting ample potential for various commercial uses. Furthermore, the existing structure allows for the potential development of four residential units and a storefront, significantly expanding income streams. The property's strategic location is enhanced by large parking lots on either side, providing convenient access and ample parking for tenants or customers. This unique offering presents a rare chance to acquire a substantial property with diverse development possibilities. The property is zoned for commercial use and is located in Cambria County, PA, zip code 15951. The asking price for this property is $100,000. This property is also available for purchase with the adjacent 983 Locust Street (St Michael Beverage) property. Don't miss this chance to acquire a high-potential investment in a desirable location.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

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

Location

983 Locust St Saint Michael, PA 15951
Saint Michael metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 983 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message