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Property profile & analytics
OFF-MARKET
Commercial land

36 Forrest Ave Shrewsbury, PA 17361-1418

1.01 ac lot
Entity Owned 24-yr Hold Absentee Owner Free & Clear
Property ID
US73-1625930
Property summary
AI-generated overview

This exceptional 1.01-acre commercial land parcel presents a unique investment opportunity in the thriving Shrewsbury, Pennsylvania market. Strategically located on East Forrest Avenue, this property enjoys high visibility and accessibility, situated on the main thoroughfare connecting Interstate 83 to Shrewsbury's vibrant downtown area. The convenient location ensures excellent exposure to a substantial daily traffic volume, benefiting from the strong demographics and consistent growth experienced within Shrewsbury. Zoned as Village, this versatile property allows for a diverse range of commercial and residential development options, catering to a variety of business and housing needs. The site's size and location make it ideal for a variety of commercial ventures, from retail establishments and restaurants to professional offices or light industrial uses. This prime location offers significant potential for substantial returns on investment, capitalizing on Shrewsbury's ongoing commercial and residential expansion. The property's address is 36 E Forrest Ave, Shrewsbury, PA 17361, within York County. This is a single-tenant property, offering a clear and straightforward development path. The property's latitude and longitude coordinates are 39.768506 and -76.678458 respectively. This presents a rare chance to acquire a well-positioned commercial lot in a rapidly growing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.01 ac (43,996 SF)
Zoning code V
APN 84-000-02-0082.A0-00000
UPID US73-1625930
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
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Owner & transaction history
PB SHREWSBURY ASSOCIATES
PB SHREWSBURY ASSOCIATES
Zoning & alternative use
V · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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