3169 Eagle Valley RdMill Hall, PA 17751

  • Retail properties
  • 13,410 SF
For Lease

Property Details for 3169 Eagle Valley Rd

Year built
1987
Lot size
8.61 AC
Property size (Sq ft)
13,410 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
3-919
APU
3919

Description

This exceptional 8.18-acre property in Mill Hall, Pennsylvania's shopping district presents a unique investment opportunity. The site features a 9,571 square foot multi-tenant building currently housing a 2,016 square foot occupied commercial tenant, a vacant 5,555 square foot restaurant space, and a vacant 2,000 square foot second-floor office/apartment. A significant 17,126 square feet is currently vacant, offering substantial leasing potential for various retail, office, or restaurant uses, with spaces ranging from 2,000 to 7,555 contiguous square feet. Additionally, a separate 3.95-acre vacant lot is included, currently generating income via a billboard lease. The property boasts a prime location, situated on flat, mostly cleared land with readily available utilities including electricity and public sewer, with public water nearby. Its advantageous position along Big Fishing Creek, adjacent to a park, and across from the Clinton County Country Club ensures high visibility and accessibility. Redevelopment of the entire 8.18-acre parcel presents another compelling option, offering significant buildable square footage. This property offers multiple sale and lease options, making it an ideal investment for a variety of commercial ventures. The property is located in Clinton County, PA, zip code 17751.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,575,554
    6.5%
    $3,300,512
    7%
    $3,064,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,232,860
    Geo Method
    $2,125,930
  • Alternative Use

    Use
    Valuation
    Residential
    $2,784,105
    Hospitality
    $2,550,225
    Educational
    $2,121,757
    Medical
    $2,194,728
    Retail
    $3,300,512
3169 Eagle Valley Rd, Mill Hall, Pennsylvania

Location Insight

City
Mill Hall
County
Clinton
State
Pennsylvania
Latitude
41.1138
Longitude
-77.4887
CBSA code
30820
CBSA name
LOCK HAVEN, 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
$9,353
$76,900
$373,100
$450,000
-
$76,900
$373,100
$450,000

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