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Property profile & analytics
OFF-MARKET Estimated value $2,305,000
Motels

15080 Kutztown Rd Kutztown, PA 19530-9277

33,632 SF 2.9 ac lot Built 2018
Entity Owned 5-yr Hold Free & Clear
Property ID
US73-1506852
Property summary
AI-generated overview

This exceptional 6-acre commercial lot presents a prime investment opportunity in Kutztown, Pennsylvania. Located at the corner of Kutztown Road and Sharadin Road in Maxatawny Township (Tax ID No: 63-5443-18-41-3824), this property boasts 518 feet of frontage on Kutztown Road, experiencing high daily traffic volume exceeding 7,000 vehicles, further amplified by seasonal Kutztown University traffic. Its strategic location offers unparalleled visibility and accessibility, situated directly across from the Hampton Inn & Suites and only a tenth of a mile from the Giant Shopping Center, and four-tenths of a mile from Kutztown University. The property is zoned C-1 Commercial, ensuring diverse development possibilities. Utilities including natural gas, electricity, public water, and public sewer are readily available. The potential for a future traffic signal further enhances its appeal. A planned 59.44-acre residential development across Kutztown Road and near College Boulevard adds to the long-term growth potential. The asking price is $1,995,000, reflecting a land value of $332,500 per acre. An optional additional 2 acres are available at the same price per acre, contingent upon re-zoning from light industrial to C-1 Commercial. This property offers significant potential for substantial return on investment. The current owner is East Penn Manufacturing Co.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 2018
Total area 33,632 SF
Lot 2.9 ac (126,324 SF)
APN 5443-14-42-5528
UPID US73-1506852
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
$3.14M
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$2.31M
Owner & transaction history
Kutztown Municipal Authority · 5 yrs held
Kutztown Municipal Authority
since 2021
5 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2017
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.8M +92.0%
Auto repair, garage $2.6M +76.4%
Commercial (general) $2.2M +50.2%
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