20 Mill StEaston, PA 18042

  • Retail properties
  • 2.52 AC
For Sale
$265,000 View listing

Property Details for 20 Mill St

Lot size
2.52 AC
Zone code
GI
Property type
Retail properties
Property subtype
Parking lots & garages
APN
N10 4 13-31 0836
APU
N10413310836

Description

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
20 Mill St, Easton, Pennsylvania

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

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
$1,976
$20,600
$6,500
$27,100
-
$41,200
$13,000
$54,200

FAQs

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