Financial
Distress signals
Property profile

648 Forrest Ave New Freedom, PA 17349

OFF-MARKET
Commercial land
Property ID
US73-1205474
5,934 SF 3.91 ac lot Built 1996
Last sale Apr 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail development opportunity is situated at the southeast quadrant of I-83 and Forrest Avenue in Shrewsbury, York County. Benefitting from the 2021 I-83 interchange rebuild, this project encompasses eight acres, with four acres dedicated to retail development and an adjacent four acres slated for a Royal Farms. The site offers convenient access via a cross-easement providing a right-in turn and signalized access on Forrest Avenue. Developers can choose between one to two…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$335k
Assessed land$335k
Effective rate2.69%

Value estimate

· Sep 2026
$655k
$590k – $721k
Submarket $/SF estimate$633k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 314 recorded sales of this use type
Observed band · Q1–Q3$35 – $148
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
AG
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Storage Facility10.9
Kitchen & Bath10.8

Location

648 Forrest Ave New Freedom, PA 17349-8422
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Renaissance, New Freedom, PA 17349 $4,000,000 Aug 2024 No data
Elm, New Freedom, PA 17349 $280,000 Jul 2024 No data
126 Main, New Freedom, PA 17349-9745 $322,000 Jun 2024 2,192 SF
3 Franklin, New Freedom, PA 17349-9332 $15,000 Mar 2021 No data
Fairview, New Freedom, PA 17349 $150,000 Oct 2020 No data
15 Main, New Freedom, PA 17349-7924 $90,000 Mar 2020 4,816 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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