2008 Elmira St Sayre, PA 18840
- Investment properties
- 0.89 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2008 Elmira St
- Year built
- 1946
- Lot size
- 0.89 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 09-020.24-082-000-000
- APU
- 902024082000000
Description
This exceptional .94-acre commercial land parcel presents a unique opportunity for development in Sayre, Pennsylvania. Located at 2008 Elmira St, this single-tenant site is ideally suited for build-to-suit projects or ground lease arrangements. The property's ownership rests with a reputable developer experienced in handling diverse commercial concepts, ensuring a smooth and efficient development process. The lot's size offers ample space for a variety of commercial ventures, providing flexibility for customized designs and building plans. Situated in Bradford County, this location benefits from convenient access to key transportation routes and infrastructure, making it an attractive proposition for businesses seeking a strategic location in the Sayre area. The property is zoned for commercial use (verification of zoning regulations is recommended). This is a prime opportunity to establish a new commercial presence in a growing market. The land is ready for immediate development, eliminating lengthy site preparation delays. Interested parties are encouraged to explore the potential of this exceptional commercial land offering. The property's single-tenant nature simplifies ownership and management, making it an attractive investment for both developers and end-users. The seller's experience and willingness to collaborate on various commercial concepts further enhances the appeal of this unique opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $630,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $625,000
- Geo Method
- $635,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $620,000
- Retail
- $640,000
- Mixed-Use
- $640,000
- Hospitality
- $550,000
- Educational
- $700,000
- Residential Income
- $590,000
- Energy
- $645,000
- Income-Based Land
- $570,000
- Food Service
- $640,000
Location Insight
- Map
- Local Demand
- City
- Sayre
- County
- Bradford
- State
- Pennsylvania
- Longitude
- -76.5411
- Latitude
- 41.9774
- CBSA code
- 42380
- CBSA name
- SAYRE, PA MICROPOLITAN STATISTICAL AREA