Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Sunbury Rd Danville, PA 17821

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sunbury Rd Danville, PA 17821

    View on Map
    • Land
    • 23.96 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Sunbury Rd

    Lot size
    23.96 lot acres
    Property type
    Land

    Description

    This exceptional 23.96-acre parcel of commercial land is ideally situated in Danville, Pennsylvania, offering a unique investment opportunity. Located on Sunbury Road, the property boasts a convenient location just minutes from downtown Danville, providing easy access to a variety of amenities and services. The property's APN is 041-00-027-028-C. Currently zoned for Medium Density Residential, this expansive tract allows for the development of diverse housing options, including single-family dwellings, townhouses, and apartment buildings, catering to a wide range of housing needs. The proximity to established retail chains, the Danville Airport, and existing residential neighborhoods further enhances the property's appeal and potential for development. The asking price for this significant land holding is $1,437,600. This presents a compelling opportunity for developers seeking to capitalize on the growing demand for residential properties in a desirable location. The substantial lot size provides ample space for a large-scale development project, offering significant potential for return on investment. This property is ready for immediate development and offers a rare chance to acquire a substantial land parcel in a thriving Pennsylvania community. The property is located in Montour County, Pennsylvania, with a zip code of 17821.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Montour
    State
    Pennsylvania
    Longitude
    -76.6671
    Latitude
    40.9385

    Comparable in this City

    • Value Estimation by Request

      25 Sheraton Rd

      Restaurants
      25 Sheraton Rd, Danville, PA 17821
      View Details
    • Value Estimation by Request
      62.81 Acres

      1002 Railroad St

      Schools • 254,881 SF
      1002 Railroad St, Danville, PA 17821
      View Details
    • Value Estimation by Request
      1.36 Acres

      Bloom Rd

      COMMERCIAL (GENERAL) • 1.36 Acres
      Bloom Rd, Danville, PA 17821
      View Details
    • Value Estimation by Request

      53 D And H Ave

      COMMERCIAL (GENERAL)
      53 D And H Ave, Danville, PA 17821-1576
      View Details
    • Value Estimation by Request

      Powder Ml Rd

      COMMERCIAL (GENERAL)
      Powder Ml Rd, Danville, PA 17821
      View Details
    • Value Estimation by Request
      5,040 SF

      160 Ctr St

      COMMERCIAL (GENERAL) • 5,040 SF
      160 Ctr St, Danville, PA 17821-1006
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      254,881 SF

      Villa Sacred Heart Campus Available

      Eight-building campus ideal for healthcare, academic, or residential use.
      1002 Railroad St, Danville, PA 17821
      View Details
    • $215,000

      Commercial Land with Highway Access

      1.4 acre commercial land with high visibility and access.
      5 Mccracken Rd, Danville, PA 17821
      View Details
    • $55,000
      0.83 Acres

      Residential Land in Danville, PA

      0.83-acre lot for custom home near Danville amenities.
      12 Brookside Dr, Danville, PA 17821
      View Details
    • $9,250,000
      254,881 SF

      Danville, PA Campus - 62 Acres

      Large Campus: Ideal for Multiple Uses
      1002 Railroad St, Danville, PA 17821
      View Details
    • Contact for pricing
      20,000 SF

      Turnkey Event Venue in Danville

      Fully renovated 20,000 SF event venue near I-80.
      533 Liberty Valley Rd, Danville, PA 17821
      View Details
    • $349,000
      2,198 SF

      Commercial Log Home on Two Acres

      Commercial log home on 2 acres with business potential.
      112 Mccracken Rd, Danville, PA 17821
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Danville Industrial Space For Lease

      22,500 SF industrial space near Geisinger Medical Center.
      1247 Walnut St, Danville, PA 17821
      View Details
    • Contact for pricing
      5,557 SF

      Turnkey Restaurant Opportunity in Danville

      Former Friendly's restaurant with fully equipped kitchen and ample parking.
      17 Red Roof Rd, Danville, PA 17821
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sunbury Rd
    Danville, PA 17821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!