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Property profile & analytics
OFF-MARKET
Commercial real estate

211 Hanks Rd Troy, PA 16947

3,555 SF 30 ac lot
Property ID
US73-5022821
Property summary
AI-generated overview

This exceptional 30-acre Pennsylvania estate presents a unique investment opportunity, combining historic charm with substantial income potential. The property features a meticulously restored 1790s barn, a popular wedding venue for seven years, boasting a rare indoor silo, new steel roof, custom windows, two bathrooms, a bar, and an expansive upstairs balcony. A charming 3,555 sq ft, 1809-built Bed and Breakfast, fully renovated with seven bedrooms and three bathrooms, accommodates up to 16 guests. A thriving rental decor business provides event supplies, offering expansion potential. Finally, the fertile 30 acres, verified by Penn State Extension as having exceptional loam soil, are ideal for diverse crop cultivation (hay, corn, soybeans, wheat), livestock, or sustainable farming. Located near Elmira/Corning Airport, this property offers a blend of rural tranquility and convenient access to urban amenities. The property includes a well, RV parking, and various outbuildings. The asking price is $949,900, with a Net Operating Income (NOI) of $114,237 and a 12.03% cap rate. This turnkey operation offers a rare chance to own a thriving, multi-faceted business in a picturesque setting. The main house features hardwood floors, wall-to-wall carpeting, and an enclosed porch. The barn has a metal roof and the main house has an asphalt shingle roof. Outdoor amenities include a patio, deck, and fire pit. The property is ideal for those seeking a self-sufficient lifestyle, a multi-generational home, or a unique investment opportunity.

Property profile
Verified
Property type Commercial real estate
Total area 3,555 SF
Lot 30 ac (1,306,800 SF)
UPID US73-5022821
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
Current use
Occupant on record · Public records
  • Maple Ridge at Red Maple Ranch Wedding Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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