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Property profile & analytics
FOR SALE
Parking lots & garages

150 N Market Sq Millersburg, PA 17061

0.16 ac lot
Entity Owned Free & Clear
Property ID
US73-2503472
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 150 N. Market Square in the heart of historic Millersburg, Pennsylvania, presents a unique investment opportunity. The property, identified by APN 45-014-001, 002, 005, 003, 004-000-0000, boasts a prime corner location along Route 147, enjoying high visibility and accessibility. Previously occupied by a bank, the site features two convenient drive-thru lanes, a significant advantage for various commercial uses. The "Old Town" zoning designation allows for flexible development options, catering to a wide range of businesses. This presents an ideal opportunity for owner-users or investors seeking a high-traffic location. The property's strategic placement within Millersburg's historic district offers a blend of charm and modern convenience. With an average daily traffic count of 6,655 vehicles on the main street (both directions), this location ensures substantial exposure for any commercial venture. The property's rich history as a former bank adds to its unique character and potential. This is a rare chance to acquire a well-situated commercial land parcel in a thriving Pennsylvania community. Serious inquiries are encouraged.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.16 ac (6,970 SF)
APN 45-014-001
UPID US73-2503472
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
BB & T PROPERTY TAX COMPLIANCE
BB & T PROPERTY TAX COMPLIANCE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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