1509 Centre TpkeOrwigsburg, PA 17961
- Retail properties
- 1,600 SF
Property Details for 1509 Centre Tpke
- Year built
- 1960
- Construction
- FRAME
- Lot size
- 27.08 AC
- Property size (Sq ft)
- 1,600 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 35-08-0025.000
- APU
- 35080025000
Description
This exceptional 37.4-acre commercial property in Orwigsburg, Pennsylvania, is strategically located on Centre Turnpike (Route 61). The land is comprised of three parcels (APN # 35-08-0025.000, 35-08-0025.002, and 35-08-0025-001) totaling 37.4 acres and zoned C1. 16.25 acres are outside the FEMA floodplain. The property includes a wood-frame "pack house" (approximately 1935 construction with additions in the early 1960s), currently used for month-to-month auto sales. Also on the property is a 2,900+/- square foot stone home at 1525 Centre Turnpike, dating back to at least 1878, with a slate roof, currently vacant. The property's history includes use as a mini-golf course and driving range (now removed). The buyer has the flexibility to subdivide or sell off parcels. This presents a unique opportunity for development or investment in a growing community. The asking price is $812,500. The property is situated in Schuylkill County, PA, zip code 17961. Note that portions of the land slope down toward Pine Creek and encounter floodplain areas.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $363,031
- 6.5%
- $335,106
- 7%
- $311,170
-
Comparable approach
- Method
- Valuation
- Relative Method
- $309,172
- Geo Method
- $526,821
-
Alternative Use
- Use
- Valuation
- Residential
- $282,674
- Hospitality
- $258,928
- Educational
- $215,425
- Medical
- $222,834
- Retail
- $335,106
Location Insight
- City
- Orwigsburg
- County
- Schuylkill
- State
- Pennsylvania
- Latitude
- 40.6282
- Longitude
- -76.0603
- CBSA code
- 39060
- CBSA name
- POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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