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Property profile & analytics
OFF-MARKET
Commercial land

95 Forrest Ave Shrewsbury, PA 17361-1402

1,920 SF 1.47 ac lot Built 1960
Individually Owned 21-yr Hold Free & Clear
Property ID
US73-0791335
Property summary
AI-generated overview

This exceptional 1.93-acre commercial lot presents a prime investment opportunity in Shrewsbury, Pennsylvania. Situated on East Forrest Avenue, a main retail thoroughfare connecting Interstate 83 to Shrewsbury's downtown area, this property benefits from high visibility and significant traffic flow. The lot is zoned for commercial use and offers a convenient, low-volume, full-access curb cut, simplifying development and access. Shrewsbury is experiencing robust commercial and residential growth, boasting strong demographics and impressive traffic counts, making this location ideal for a variety of retail or restaurant ventures. The single-tenant property provides flexibility for development, allowing for a customized approach to suit specific business needs. Its location within York County, Pennsylvania, and proximity to Interstate 83 ensures excellent accessibility for both customers and employees. This parcel represents a rare chance to capitalize on Shrewsbury's thriving market and establish a successful commercial presence in a high-growth area. The 1.93-acre size provides ample space for development, accommodating a range of building sizes and layouts. The existing infrastructure, including the curb cut, further streamlines the development process. This is an exceptional opportunity for investors seeking a strategic location with high potential for return.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1960
Total area 1,920 SF
Lot 1.47 ac (63,946 SF)
Zoning code C
APN 84-000-06-0207.00-00000
UPID US73-0791335
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner Name Unavailable · 21 yrs held
Owner Name Unavailable
since 2005
1 recorded transaction
2005
$600,000
Zoning & alternative use
C · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is to provide reasonable standards for the development of commercial uses which serve the needs of the local residents

Zone name Commercial
General category COMMERCIAL
Zone area 106.25 ac
Source Realmo
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