10720 Path Valley RdFannettsburg, PA 17221

  • Retail properties
  • 1.49 AC
For Sale
$500,000 View listing

Property Details for 10720 Path Valley Rd

Lot size
1.49 AC
Property type
Retail properties
Property subtype
Retail space
APN
15-H12J-24
APU
15H12J24

Description

This 8,320-square-foot vacant storefront, located at 10720 Path Valley Rd in Fannettsburg, Pennsylvania, presents a compelling investment opportunity. Situated on a 1.481-acre lot, this former Family Dollar location offers high visibility and convenient access. The asking price is $500,000, translating to $60.10 per square foot. The property's strategic location along Path Valley Rd benefits from proximity to the Lakeview Hotel & Restaurant and several nearby campsites, ensuring high foot traffic and potential for strong tenant interest. The property is in Fannettsburg, an unincorporated town in Franklin County, Pennsylvania, approximately six miles south of Fannett Township. This retail space is ready for immediate occupancy and presents a unique chance to establish a thriving business in a desirable location. The property's size and location make it suitable for a variety of retail uses. The ample lot size also offers potential for expansion or additional development. This is an exceptional opportunity to acquire a well-positioned retail property in a growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,356,098
    6.5%
    $18,790,244
    7%
    $17,448,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,705,354
    Geo Method
    $32,701,802
  • Alternative Use

    Use
    Valuation
    Residential
    $15,850,274
    Hospitality
    $14,518,766
    Educational
    $12,079,443
    Medical
    $12,494,873
    Retail
    $18,790,244
10720 Path Valley Rd, Fannettsburg, Pennsylvania

Location Insight

City
Fannettsburg
County
Franklin
State
Pennsylvania
Latitude
40.0633
Longitude
-77.8299
CBSA code
16540
CBSA name
CHAMBERSBURG, PA MICROPOLITAN 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
$7,205
$1,840
$60,060
$61,900
-
$1,840
$60,060
$61,900

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