This exceptional 2+ acre parcel presents a unique redevelopment opportunity in desirable Williams Township, Pennsylvania. Situated at the corner of Mill Street and Route 611, this property boasts convenient access to Easton (ten minutes away), its vibrant culinary scene, and the Easton Farmers' Market. Enjoy proximity to the Delaware Canal State Park and its scenic towpath, perfect for outdoor recreation. The location offers easy access to New Jersey via I-78 and the Bethlehem/Allentown area. Major metropolitan areas like Philadelphia and New York City are within a 75-minute drive. While currently zoned non-conforming, the township demonstrates flexibility regarding potential uses, opening doors to a variety of development projects. This prime location and the potential for diverse development make this a compelling investment at an asking price of $265,000. The address is 20 Mill St, Easton, PA 18042, Northampton County. This is a rare chance to acquire a substantial land parcel with significant upside potential in a highly sought-after area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$40,085,164
6.5%
$37,001,688
7%
$34,358,712
Comparable approach
Method
Valuation
Relative Method
$36,386,496
Geo Method
$36,143,552
Alternative Use
Use
Valuation
Residential
$31,212,308
Hospitality
$28,590,306
Educational
$23,786,800
Medical
$24,604,864
Retail
$37,001,688
Location Insight
City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.6314
Longitude
-75.1933
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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