Property profile

700 Savage Rd Northampton, PA 18067

FOR SALE
Auto shops
Property ID
US73-2737725
8,868 SF 65 ac lot Built 1986
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 7.8-acre commercial land parcel presents a unique investment opportunity in Northampton, Pennsylvania. Located at 700 Savage Rd, this gently sloping site boasts convenient access to public water and sewer services, eliminating significant infrastructure development costs. The property is zoned for residential use, offering considerable flexibility for a variety of commercial developments. Its strategic location within Northampton County provides excellent access to a substantial residential population. Within a five-mile radius, there are approximately 41,850 residential units, with a notable 66% owner occupancy rate. This high owner occupancy rate indicates a stable and desirable residential market, creating a strong potential customer base for various commercial ventures. The median home sale price within this five-mile radius is $230,500, further highlighting the area's economic strength and desirability. The property's size and location make it ideal for a range of commercial uses, subject to obtaining necessary permits and approvals. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Contact us for pricing and to discuss development opportunities. The property is situated in Northampton, PA, zip code 18067.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1986
Total area 8,868 SF
Lot 65 ac (2,831,400 SF)
Zoning code RA
APN L4 15 11 0501
UPID US73-2737725

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Logistics Company Freight Service
  • General Contractor
  • Courier Service Postal Service

Location

700 Savage Rd Northampton, PA 18067
Northampton metro Census 16400 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$400k

Owner & transaction history

Zoning & alternative use

RA · Northampton, PA
Top alternative use upside
Medical building $1.4M +45.0%
Retail stores $1.2M +25.7%
Restaurant $995,000 +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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