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Property profile & analytics
FOR SALE
Commercial real estate

111 Reuben Bell Dr Matamoras, PA 18336

20.62 ac lot
Individually Owned 8-yr Hold Free & Clear
Property ID
US73-3616447
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 20.62 ac (898,207 SF)
APN 099.00-01-41 -
UPID US73-3616447
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Darcy Brodmerkel · 8 yrs held
Darcy Brodmerkel
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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