Property summary
This exceptional 21,500 square foot residential land parcel presents a remarkable development opportunity in the heart of State College, Pennsylvania. Located at 118 S Atherton St, 16801, this CID-zoned property boasts a highly desirable location, offering unparalleled access to the vibrant energy of the town. Its strategic position on South Atherton Street (Business Route 322), just off College Avenue, ensures high visibility and convenient access to a wealth of amenities. The property is… within walking distance of Penn State University Park Campus and the bustling downtown area, placing it in close proximity to a large and diverse population. Furthermore, its adjacency to The Metropolitan at State College and proximity to Penn State University’s West Campus Expansion underscores its significant potential for future growth and appreciation. The site is also two blocks from The Residences at College and Atherton, a planned 455,000 square foot mixed-use development, and directly across the street from the Atherton Hotel, soon to be home to a new Graduate Hotel. This prime location provides premium access to the extensive retail, dining, and entertainment options along College Avenue and throughout State College. The property's APN is 360111950000. This is an unparalleled chance to capitalize on the thriving State College market and create a truly exceptional development.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight