Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    150 WOODS Drive Mechanicsburg, PA 17050

    View on Map
    For Sale
    Under Contract
    $178,900

    LAND - MECHANICSBURG, PA

    Lot size:
    0.34 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    19
    Last Refresh:
    Mar 31 at 10:06 pm

    Property Features for 150 WOODS Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.34 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    685

    We can help!

    Listing Contact
    JENNIFER HOLLISTER
    JENNIFER HOLLISTER

    Listing agent JENNIFER HOLLISTER License #RS206824L

    Listing office Joy Daniels Real Estate Group, Ltd 3800 Market Street, Harrisburg, PA

    Listing date Mar 13, 2026

    MLS# PACB2051536

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mechanicsburg Homesite: Build Your Dream

    This is a 0.34-acre level homesite located at the corner of Pin Oak and Woods Drive in Mechanicsburg, PA. The property is situated minutes from various amenities in Silver Spring Township and borders the Sterling Glen, Stratton Chase, and Carmella communities. Public water, public sewer, natural gas, and electric utilities are available. An existing gravel driveway is present to facilitate the building process. A mixture of evergreen and deciduous trees along the side and rear of the property provide natural privacy. The property is located within the Cumberland Valley School District and has low Silver Spring Township taxes. It offers easy accessibility to various locations. Property lines are staked with a wooden stake and pink flag for convenience. Mobile or manufactured homes are not permitted. This is a rare opportunity to purchase an approved corner building homesite and select your own builder to design a home that fits your lifestyle. The attached house rendering and plans are strictly for illustrative purposes and are based upon the actual setbacks and natural characteristics of the homesite.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.0262324
    Latitude
    40.2357568

    Nearby Similar for Sale

    • $480,000

      Premium Homesite in Glendale

      2+ acre lot suitable for custom luxury residence.
      37 GLENDALE Drive, MECHANICSBURG, PA 17050
      View Details
    • $399,900

      Expansive Homesite in Mowery Orchards

      Rare 6-acre homesite with preserved open space and walking trail.
      281 N LEWISBERRY Road, MECHANICSBURG, PA 17055
      View Details
    • $1,699,000
      3,790 SF

      Mechanicsburg Commercial Property For Sale

      Mechanicsburg commercial property featuring 3,790 SF building on 7.1 acres.
      1554 Williams Grove Rd, Mechanicsburg, PA 17055
      View Details
    • $49,999

      Creekfront Lot in Mechanicsburg, PA

      Scenic 0.50-acre creekfront lot perfect for building a dream home.
      519 GOOD HOPE Road, MECHANICSBURG, PA 17050
      View Details
    • $2,050,000

      Commercial Land in Mechanicsburg, PA

      Commercial land available within new Charter Homes development.
      S YORK Street, MECHANICSBURG, PA 17055
      View Details
    • $55,000

      Mechanicsburg In-Fill Lot For Sale

      0.26-acre lot ready for a single-family home in Mechanicsburg.
      701 BELMONT Street, MECHANICSBURG, PA 17055
      View Details
    • $900,000
      3,200 SF

      Carlisle Pike Commercial Land Available

      Commercial land with approved plans, good parking, and high visibility.
      4618 Carlisle Pike, Mechanicsburg , PA 17050
      View Details
    • $17
      14,923 SF

      Office Suites in Rossmoyne Business

      Office suites available for lease in Rossmoyne Business Center.
      Mechanicsburg, PA 17055
      View Details
    • $850,000
      1,100 SF

      Established Corner Retail/Restaurant Opportunity

      Corner retail/restaurant for sale with high traffic volume.
      5155 Simpson Ferry Rd, Mechanicsburg, PA 17050
      View Details
    • $900,000

      Carlisle Pike Commercial Land Available

      Commercial land with approved plans, good parking, and high visibility.
      4618 Carlisle Pike, Mechanicsburg , PA 17050
      View Details
    • $1,695,000
      16,500 SF

      Mechanicsburg Office Building For Sale

      Three-story office building in established Rossmoyne office district.
      600 Wilson Lane, Mechanicsburg, PA 17055
      View Details
    • $745,000

      Prime Commercial Land Opportunity

      2.81 acres for office/medical development near US-15.
      2 Dartmouth Ct, Mechanicsburg, PA
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Approved corner building homesite in Mechanicsburg, PA. No HOA!
    Where is this residential land & home lot located?
    The property is located at 150 WOODS Drive Mechanicsburg, PA.
    What is the asking price?
    The asking price for this property is $178,900.
    What are key features of this property?
    This property features: Approved building homesite with utilities readily available, including public water, public sewer, natural gas, and electric.; Desirable location in Silver Spring Township, Cumberland Valley School District, and low taxes.; No HOA limitations, offering flexibility in building design.
    (717) 798-8154
    We can help!
    Listing Contact
    JENNIFER HOLLISTER
    JENNIFER HOLLISTER
    Real Estate License ID: RS206824L
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!