767 Scotch Valley RdHollidaysburg, PA 16648

  • Other commercial real estate
  • 5.13 AC
For Lease

Property Details for 767 Scotch Valley Rd

Lot size
5.13 AC
Property type
Other commercial real estate
APN
11.05-01..-001.05-000
APU
11050100105000

Description

This exceptional 5.02-acre commercial land parcel presents a unique build-to-suit opportunity in the desirable Hollidaysburg, PA submarket, within the Altoona, PA cluster. Boasting a stunning million-dollar view and convenient access via a paved driveway, this property is ideally situated for a single-tenant commercial development. The expansive acreage provides ample space for a variety of commercial ventures, allowing for significant flexibility in design and construction. The site's prime location offers excellent visibility and accessibility, ensuring strong potential for attracting customers and clients. The "blank canvas" nature of this property allows for complete customization to meet the specific needs of a prospective tenant or developer. This is a rare opportunity to acquire a large, well-located parcel of land ready for immediate development in a thriving commercial area. The existing blacktopped driveway simplifies site access and reduces initial infrastructure costs. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. Don't miss this chance to create a landmark commercial property in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $54,572,136
    Hospitality
    $49,987,780
    Educational
    $41,589,248
    Medical
    $43,019,564
    Retail
    $64,694,384
767 Scotch Valley Rd, Hollidaysburg, Pennsylvania

Location Insight

City
Hollidaysburg
County
Blair
State
Pennsylvania
Latitude
40.4356
Longitude
-78.3791
CBSA code
11020
CBSA name
ALTOONA, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,588
$356,500
$7,500
$364,000
-
$356,500
$7,500
$364,000

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