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    FOR SALE
    Commercial land

    109 Grace Ave, Centre Hall, PA 16828

    Property ID
    US73-3388015
    Property summary
    AI-generated overview

    COMMERCIAL LAND AVAILABLE WITH FRONTAGE ALONG RT. 45 IN CENTRE HALL Positioned for prime commercial development with frontage along Rt. 45 in the up-and-coming Centre Hall, just a short drive from downtown State College, this 3.9-acre parcel of land offers immense potential at a competitive price of $695,000. This parcel offers 3.9 acres of land with 287 feet +/- of frontage along the northern side of State Route 45 and a second access point along Homan Drive with 150 feet +/- of frontage. Two rentable mobile homes and several shed outbuildings are located on the property to allow for income while securing approvals to develop the property to its full commercial potential. The site has amazing commercial potential, being located near the Grange Fair property, along with upcoming developments on the opposite side of Rt. 45 at the former Land Pro building and at the intersection of Rt. 144 and Rt. 45 with the development of a WAWA convenience store and other development. Don't miss out on this rare chance to secure a valuable piece of commercial real estate in an area with strong potential for continued residential and commercial growth. Take advantage of this opportunity to shape your business's future and capitalize on the promising location. Contact us today for more information

    Property profile
    Verified
    Property type Commercial land
    UPID US73-3388015
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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