99 Forrest AveShrewsbury, PA 17361
- Retail properties
- 5,960 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].