241 Mountain BlvdMountain Top, PA 18707

Property Details for 241 Mountain Blvd

Lot size

7.30 AC

Property type

Retail properties

Property subtype

Gas stations

APN

64-L9S6-001-007

APU

64L9S6001007

Description

This exceptional 2-acre commercial land parcel presents a prime opportunity for businesses seeking a high-visibility location in Mountain Top, Pennsylvania. Situated at 241 S Mountain Blvd, this single-tenant property boasts 200 feet of frontage, offering excellent exposure to significant traffic. The land is classified as commercial and is ideally suited for a variety of development projects. Located in Luzerne County, the property's convenient access to major roadways ensures easy accessibility for customers and employees. The ±2.00 acres provide ample space for construction, allowing for flexibility in design and functionality. This is a rare opportunity to secure a strategically located commercial land parcel in a thriving area. The property's size and visibility make it an attractive option for businesses seeking to establish a strong presence in the Mountain Top market. The single-tenant designation offers simplicity and control for the lessee. Detailed site plans and zoning information are available upon request. This property is ready for immediate development, presenting a unique chance to capitalize on a prime location in a growing community. The 18707 zip code offers access to a robust local economy and a strong residential base. Don't miss this chance to acquire this exceptional commercial land parcel.

• CAP approach

  CAP return

  Valuation

  6%

  $72,149,728

  6.5%

  $66,599,748

  7%

  $61,842,624

• Comparable approach

  Method

  Valuation

  Relative Method

  $61,445,588

  Geo Method

  $104,701,744

• Alternative Use

  Use

  Valuation

  Residential

  $56,179,380

  Hospitality

  $51,460,012

  Educational

  $42,814,124

  Medical

  $44,286,568

  Retail

  $66,599,748

Location Insight

City

Mountain Top

County

Luzerne

State

Pennsylvania

Latitude

41.1449

Longitude

-75.901

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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