99 Forrest AveShrewsbury, PA 17361

  • Retail properties
  • 5,960 SF
For Sale
$2,000,000 View listing

Property Details for 99 Forrest Ave

Year built
1955
Lot size
1.70 AC
Property size (Sq ft)
5,960 SF
Zone code
RS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
84-000-06-0208.00-00000
APU
840000602080000000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,352,291
    6.5%
    $1,248,269
    7%
    $1,159,107
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,151,665
    Geo Method
    $944,858
  • Alternative Use

    Use
    Valuation
    Residential
    $1,052,962
    Hospitality
    $964,507
    Educational
    $802,458
    Medical
    $830,056
    Retail
    $1,248,269
99 Forrest Ave, Shrewsbury, Pennsylvania

Location Insight

City
Shrewsbury
County
York
State
Pennsylvania
Latitude
39.7715
Longitude
-76.6723
CBSA code
49620
CBSA name
YORK-HANOVER, 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
$11,387
$186,700
$212,710
$399,410
-
$186,700
$212,710
$399,410

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].