111 Reuben Bell Dr Matamoras, PA 18336
- Commercial real estate
- 20.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 111 Reuben Bell Dr
- Lot size
- 20.62 lot acres
- Property type
- Commercial real estate
- APN
- 099.00-01-41 -
- APU
- 99000141
Description
This exceptional 20.62-acre commercial land parcel presents a significant investment opportunity in Matamoras, Pennsylvania. Strategically located with convenient access to Route 6 and Interstate 84, this property boasts a high-traffic location with over 31,000 vehicles daily traversing I-84. The site's prime position is further enhanced by its adjacency to established businesses such as The Home Depot and a Best Western Hotel. The property is zoned C-2, allowing for a diverse range of commercial uses, including retail establishments, multifamily residential developments, self-storage facilities, medical offices, and limited manufacturing or packaging operations. The main parcel encompasses 19.13 acres, with an additional 1.49-acre section bordering Reuben Bell Drive and Route 6. While the property is situated within a floodplain, its high visibility and accessibility make it an attractive proposition for developers seeking a prominent location in a thriving tri-state area. Matamoras benefits from its proximity to Port Jervis, New York, and Montague, New Jersey, across the Delaware River, offering access to a substantial regional market. The asking price for this substantial land holding is $8,000,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Matamoras
- County
- Pike
- State
- Pennsylvania
- Longitude
- -74.714
- Latitude
- 41.3538
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
