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16864 Conneaut Lake Road
Meadville, PA 16335
Asking Price
$995K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 3.4 acres <ul><li>Located on the highly-trafficked corridor of Rt 322/6/19</li><li>Excellent location for development opportunities</li><li>Value of this property is in the land</li><li>Nearby businesses include LECOM Health Meadville, Pensylvania Tool & Gages, Walmart, McDonald's, Chioptle, Red Lobster, Starbucks, and Burger King</li><li>Less than a minute from I-79 and the Rt 98/322/19 roundabout</li><li>Easily accessible at the signalized intersection</li><li>Property includes a driveway easemen
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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395
