95 Forrest Ave Shrewsbury, PA 17361-1402
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.
The purpose of this district is to provide reasonable standards for the development of commercial uses which serve the needs of the local residents
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Shrewsbury, PAThe purpose of this district is to provide reasonable standards for the development of commercial uses which serve the needs of the local residents
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.