859 Octorara TrlParkesburg, PA 19365

  • Other commercial real estate
  • 1,506 SF
For Sale
$525,000 View listing

Property Details for 859 Octorara Trl

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.40 AC
Property size (Sq ft)
1,506 SF
Zone code
R
Property type
Other commercial real estate
APN
3603 00740000
APU
360300740000

Description

This exceptional 0.402-acre commercial land parcel in Parkesburg, Pennsylvania, presents a remarkable investment opportunity. Strategically located at the intersection of Route 30 and Route 10, this property enjoys unparalleled visibility directly across from West Sadsbury Commons and adjacent to a Wawa. The site boasts high traffic counts, with 13,078 vehicles daily on Lincoln Highway and 14,023 on Octorara Trail, ensuring significant exposure for any business. The property is zoned GC – General Commercial (West Sadsbury Township), allowing for a wide range of permitted uses, including retail sales, restaurants (fast food included), medical facilities, automotive repair shops, convenience stores, fitness centers, and more. Additionally, several uses may be permitted with special exceptions or conditional use approvals from the relevant governing bodies, such as multi-family dwellings (excluding apartment buildings), public recreational facilities, and wholesale sales. An existing 1,506 square foot building is also present on the site. The asking price for this prime commercial land is $525,000. This location offers exceptional potential for a variety of commercial ventures, capitalizing on its high visibility and convenient access to major roadways and established businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $266,067
    Hospitality
    $243,716
    Educational
    $202,769
    Medical
    $209,742
    Retail
    $315,418
859 Octorara Trl, Parkesburg, Pennsylvania

Location Insight

City
Parkesburg
County
Chester
State
Pennsylvania
Latitude
39.9842
Longitude
-75.9329
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD 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
$4,041
$14,950
$60,110
$75,060
-
$14,950
$60,110
$75,060

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