2008 Elmira StSayre, PA 18840

Property Details for 2008 Elmira St

Year built

1946

Lot size

0.89 AC

Property type

Investment properties

Property subtype

Live-work space

APN

09-020.24-082-000-000

APU

902024082000000

Description

This exceptional .94-acre commercial land parcel presents a unique opportunity for development in Sayre, Pennsylvania. Located at 2008 Elmira St, this single-tenant site is ideally suited for build-to-suit projects or ground lease arrangements. The property's ownership rests with a reputable developer experienced in handling diverse commercial concepts, ensuring a smooth and efficient development process. The lot's size offers ample space for a variety of commercial ventures, providing flexibility for customized designs and building plans. Situated in Bradford County, this location benefits from convenient access to key transportation routes and infrastructure, making it an attractive proposition for businesses seeking a strategic location in the Sayre area. The property is zoned for commercial use (verification of zoning regulations is recommended). This is a prime opportunity to establish a new commercial presence in a growing market. The land is ready for immediate development, eliminating lengthy site preparation delays. Interested parties are encouraged to explore the potential of this exceptional commercial land offering. The property's single-tenant nature simplifies ownership and management, making it an attractive investment for both developers and end-users. The seller's experience and willingness to collaborate on various commercial concepts further enhances the appeal of this unique opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,260,382

  6.5%

  $5,778,814

  7%

  $5,366,042

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,541,774

  Geo Method

  $5,065,427

• Alternative Use

  Use

  Valuation

  Residential

  $7,165,730

  Hospitality

  $6,563,770

  Educational

  $5,460,980

  Medical

  $5,648,792

  Retail

  $8,494,858

Location Insight

City

Sayre

County

Bradford

State

Pennsylvania

Latitude

41.9774

Longitude

-76.5411

CBSA code

42380

CBSA name

SAYRE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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