9445 Olde Scotland Rd, Shippensburg, PA 17257
This exceptional 2.2-acre parcel, located at 9445 Olde Scotland Road in Shippensburg, Pennsylvania, presents a unique investment opportunity. Zoned for Retail Commercial/Professional Office use, this versatile land offers significant potential for a variety of developments. The property boasts dual frontage on Olde Scotland Road and NEMC Drive, providing excellent visibility and accessibility. Its level topography simplifies development, and the substantial 95,832 square feet of land area allows for ample building space. Situated in Franklin County, this location benefits from its proximity to major transportation arteries. Specifically, it's conveniently located just 1.5 miles from Exit 24 of Interstate 81, ensuring easy access for both employees and customers. Furthermore, its position approximately one mile outside the Shippensburg borough offers a blend of accessibility and a less congested environment. The property is currently designated as single-tenant land, suitable for a range of commercial or industrial uses, and also has agricultural and residential zoning potential. This prime location, combined with its flexible zoning and convenient access, makes this property an attractive investment for developers seeking a strategic location in a growing area. The property's address is 9445 Olde Scotland Road, Shippensburg, PA 17257.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.