6295 Baltimore PikeLittlestown, PA 17340

Property Details for 6295 Baltimore Pike

Lot size

7.52 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

15 J18-0024---000

APU

15J180024000

Description

This exceptional 7.52-acre parcel located at 6295 Baltimore Pike in Littlestown, Pennsylvania, presents a remarkable opportunity for retail development or investment. The property's expansive size offers significant potential for a variety of commercial ventures, allowing for ample space for building construction, parking, and landscaping. Its strategic location along Baltimore Pike ensures high visibility and accessibility, attracting a substantial volume of traffic. The address is well-suited for businesses seeking a prominent presence in a thriving community. The property is currently vacant, providing a blank canvas for a customized development plan to meet specific business needs. This presents a unique chance to create a tailored retail space that aligns perfectly with the vision of a prospective owner or developer. The asking price of $395,000 reflects the significant value and potential inherent in this prime retail location. Serious inquiries are encouraged to explore the possibilities of this exceptional property and its potential for substantial return on investment. The property's size and location make it an ideal candidate for a variety of retail uses, from a single large-scale operation to a multi-tenant development. Further due diligence is recommended to fully assess the property's suitability for specific business plans. This is a rare opportunity to acquire a significant retail property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $86,662,832

  6.5%

  $79,996,456

  7%

  $74,282,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $51,858,604

  Geo Method

  $31,941,612

• Alternative Use

  Use

  Valuation

  Residential

  $79,996,456

  Hospitality

  $73,276,328

  Educational

  $60,965,044

  Medical

  $63,061,724

  Retail

  $94,834,512

Location Insight

City

Littlestown

County

Adams

State

Pennsylvania

Latitude

39.7315

Longitude

-77.0746

CBSA code

23900

CBSA name

GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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