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Property profile & analytics
OFF-MARKET Estimated value $1,880,000
Investment properties

1 Ml Rd Newville, PA 17241-9001

21,255 SF 2.04 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US73-2886735
Property summary
AI-generated overview

This exceptional retail property, located at 1 Mill Road in Newville, Pennsylvania, presents a compelling investment opportunity. The single-story, 14,855 square foot shopping center sits on a 2.04-acre lot and boasts a Class B rating. Built in 2013, the property features 49 total parking spaces and is zoned for commercial use. Currently, there are 3,128 square feet of vacant space available, divisible into units ranging from a minimum of 1,365 square feet to a maximum contiguous space of 1,763 square feet. The property is situated in the West Pennsboro Township submarket of Cumberland County and benefits from its location within a thriving commercial area. The property's strategic location ensures high visibility and accessibility, attracting significant foot traffic. This is an ideal opportunity for businesses seeking a well-established location with ample space and parking. The property's existing infrastructure and convenient location provide a solid foundation for immediate occupancy and future growth. The property's zoning allows for a variety of retail uses, making it a versatile option for prospective tenants. This is a rare opportunity to secure a prime retail space in a desirable location. The property's size, location, and existing infrastructure make it an attractive investment for businesses of all sizes. The 17241 zip code offers easy access to major transportation routes, further enhancing its appeal.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Total area 21,255 SF
Lot 2.04 ac (88,862 SF)
APN 46-07-0481-041
UPID US73-2886735
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.88M
Owner & transaction history
Goldstone2 LLC · 7 yrs held
Goldstone2 LLC
since 2019
1 recorded transaction
2019
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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