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Property profile & analytics
OFF-MARKET
Turn key restaurants

99 Forrest Ave Shrewsbury, PA 17361-1402

5,960 SF 1.7 ac lot Built 1955
Individually Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US73-0998964
Property summary
AI-generated overview

This exceptional 1.7-acre parcel, located at 99 East Forrest Avenue in Shrewsbury, Pennsylvania (zip code 17361), presents a compelling investment opportunity. The property is zoned for retail use and boasts significant street frontage, offering excellent visibility and accessibility for potential businesses. Situated in York County, this location benefits from strong local demographics and convenient access to major transportation routes. The asking price for this expansive land parcel is $2,000,000. The substantial lot size provides ample space for a variety of development projects, from single-tenant retail buildings to multi-tenant complexes. Given its prime location and considerable size, this property represents a rare opportunity to acquire a highly desirable retail site in a thriving Pennsylvania community. The property's address is 99 E Forrest Ave, Shrewsbury, PA 17361, with GPS coordinates of 39.77123 latitude and -76.6724257 longitude. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property is currently vacant and ready for immediate development.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Total area 5,960 SF
Lot 1.7 ac (73,921 SF)
Zoning code RS
APN 84-000-06-0208.00-00000
UPID US73-0998964
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
Current use
Occupant on record · Public records
  • Coach Light Restaurant Restaurant
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JAMES H FAGER II
JAMES H FAGER II
Zoning & alternative use
RS · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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