Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Harrisburg Land For Sale Title is generated by Realmo AI

    8049 ALLENTOWN Boulevard, Harrisburg, PA 17112

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    LAND - HARRISBURG, PA

    Lot size:
    3.57 Acres
    Added:
    Jul 7, 2023
    Days on Market:
    1043
    Last Refresh:
    May 14 at 5:06 am

    Property Features for 8049 ALLENTOWN Boulevard

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.57 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2515

    We can help!

    Listing Contact
    MATTHEW J. HEALEY
    MATTHEW J. HEALEY

    Listing agent MATTHEW J. HEALEY License #RS311913

    Listing office RSR, REALTORS, LLC 3 Lemoyne Drive, Lemoyne, PA

    Listing date Jul 7, 2023

    MLS# PADA2024666 Listing URL

    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.

    HighLights

    • High visibility location on RT 22 (Allentown Blvd).
    • Zoned Commercial Highway.
    • Proximity to RT 39 and Interstate 81 (1.5 miles).
    • Public water and sewer available for hook up.
    • Adjacent to car dealerships, medical facilities, and Highmark.
    • Includes two parcels: Parcel A (2.44 acres) and Parcel B (1.24 acres).

    Overview

    This property features 3.57 acres of land with strong visibility along Route 22 (Allentown Boulevard). The adjacent properties have been improved and consist of car dealerships, medical facilities, and Highmark. The property includes two parcels: Parcel A (8049 Allentown Boulevard) which is 2.44 acres, and Parcel B (8009 Bretz Drive) which is 1.24 acres. Both parcels are zoned Commercial Highway. Public water and sewer are available for hook up. Overhead power lines could be placed underground as per PPL. The location is conveniently near Route 39 and Interstate 81, approximately 1.5 miles away. Parcel A is also available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7066271
    Latitude
    40.340423

    Nearby Similar for Sale

    • $850,000

      Versatile Commercial Property on Paxton

      Mixed-use property with retail, office, and warehouse space.
      2515 PAXTON Street, HARRISBURG, PA 17111
      View Details
    • $495,000

      Prime Commercial Land Opportunity

      2-acre commercial land with high visibility in Harrisburg, PA.
      4041 LINGLESTOWN Road, HARRISBURG, PA 17112
      View Details
    • $405,000
      2,700 SF

      Midtown Harrisburg Investment Opportunity

      Low-maintenance multi-family property in the Midtown Historic District.
      1622 N 3RD Street, HARRISBURG, PA 17102
      View Details
    • $595,000

      Prime Commercial Land Harrisburg, PA

      2.75 acre commercial lot near Hershey, PA, for sale.
      155 HERSHEY Road, HARRISBURG, PA 17112
      View Details
    • $495,000

      Prime Commercial Land Harrisburg

      1.15 acre commercial lot near Hershey with public utilities.
      145 HERSHEY Road, HARRISBURG, PA 17112
      View Details
    • $345,000

      Harrisburg Land For Sale

      1.49 acre corner lot suitable for retail or office.
      239 N HERSHEY Road, HARRISBURG, PA 17112
      View Details
    • $1,500,000

      Harrisburg Land For Sale

      3.3 acre tract near Interstate 81, Route 39.
      244 N HERSHEY Road, HARRISBURG, PA 17112
      View Details
    • $345,000

      Harrisburg Land For Sale

      Corner lot suitable for retail, restaurant, or office use.
      MANADA VIEW Drive, HARRISBURG, PA 17112
      View Details
    • $995,000
      8,560 SF

      Harrisburg Apartment Building with River Views

      8-unit apartment building with river views and value-add potential.
      315 N FRONT Street, HARRISBURG, PA 17101
      View Details
    • $255,000
      4,040 SF

      Two-Unit Multifamily Investment Property

      Two-unit multifamily property with strong rental income in Harrisburg, PA.
      1430 SWATARA Street, HARRISBURG, PA 17104
      View Details
    • $215,000
      1,968 SF

      Two-Unit Property in Harrisburg, PA

      Two-unit property with rental income potential in Harrisburg, PA.
      1942 NORTH Street, HARRISBURG, PA 17103
      View Details
    • $169,995
      2,176 SF

      Spacious Two-Unit Property in Harrisburg

      Two-unit property with over 2,100 sq ft and income potential.
      431 HUMMEL Street, HARRISBURG, PA 17104
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.57 acres of commercial highway zoned land for sale.
    Where is this commercial land located?
    The property is located at 8049 ALLENTOWN Boulevard Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: High visibility location on RT 22 (Allentown Blvd).; Zoned Commercial Highway.; Proximity to RT 39 and Interstate 81 (1.5 miles).
    (717) 608-5169
    We can help!
    Listing Contact
    MATTHEW J. HEALEY
    MATTHEW J. HEALEY
    Real Estate License ID: RS311913
    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

    Thank You for Inquiry
    8049 ALLENTOWN Boulevard, HARRISBURG, PA 17112
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!