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Property profile & analytics

749 Derr Dr Lewisburg, PA 17837

  • Commercial real estate
  • 0.96 lot acres
Value Estimation
Last Sale
Dec 23, 2024
$300,000
Location Intelligence
Property ID
US73-5040162
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 749 Derr Dr

Lot size
0.96 lot acres
Property type
Commercial real estate
APN
008-016-058.A0000
APU
008016058A0000

Description

This exceptional 3.946-acre commercial land parcel presents a remarkable investment opportunity in Lewisburg, Pennsylvania. Strategically located along heavily trafficked US Route 15, this property boasts over 700 feet of frontage, ensuring exceptional visibility for any commercial venture. The site enjoys an average daily traffic count of 11,007 vehicles northbound and 10,554 southbound, guaranteeing significant exposure. While the total acreage is 3.946 acres, the effective usable area is approximately 3.51 acres. The terrain is generally level at street grade, although the northern boundary slopes gently towards Buffalo Creek. A small water trench naturally divides the two main parcels. The property is zoned for commercial use, allowing for a wide range of development possibilities. Conveniently situated, it benefits from access to public water and sewer services, simplifying infrastructure needs. This prime location, combined with its size and high visibility, makes it an ideal site for a variety of commercial developments. The property's accessibility and high traffic volume make it a compelling investment for businesses seeking maximum exposure and convenient access for customers. This is a rare opportunity to acquire a significant commercial land parcel in a thriving location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $300,000
  • CAP approach

    CAP return
    Estimation
    6%
    $295,000
    6.5%
    $350,000
    7%
    $360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $330,000
    Geo Method
    $365,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $365,000
    Retail
    $275,000
    Mixed-Use
    $355,000
    Hospitality
    $310,000
    Educational
    $285,000
    Residential Income
    $355,000
    Energy
    $335,000
    Income-Based Land
    $325,000
    Food Service
    $305,000

Location Insight

  • Map
  • Local Demand
City
Lewisburg
County
Union
State
Pennsylvania
Longitude
-76.8926
Latitude
40.9716
CBSA code
30260
CBSA name
LEWISBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,110
$215,100
$73,400
$288,500
-
$215,100
$73,400
$288,500
More about this property
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