Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Fisher Ave Jonestown, PA 17038

    Sponsored
    For Sale
    $2,495,000

    LAND - JONESTOWN, PA

    Lot size:
    32.07 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 27 at 4:06 pm

    Property Features for Fisher Ave

    General Information

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

    We can help!

    Listing Contact
    JIMMY H KOURY
    JIMMY H KOURY

    RSR Realtors (717) 763-1212

    Listing agent JIMMY H KOURY (717) 215-0917 License #AB068844

    Listing date Jan 27, 2026

    MLS# PALN2017358 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.

    Learn more

    Property Insight Report

    Overview

    Prime Land Near I-81

    This property offers an investment opportunity in the Jonestown area, with potential for industrial development. The site is located near I-81 and Fisher Avenue, providing access for logistics and distribution operations. The property has ample space for expansion and development, presenting a compelling investment for industrial ventures seeking to establish a presence in a high-demand area. Potential draft plans show buildings up to 140,000 square feet. The property is 32.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Jonestown
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.51761722
    Latitude
    40.45614209

    Nearby Similar for Sale

    • $299,000
      2.15 Acres

      Commercial Property with Expansion Potential

      Commercial property with a small home and expansion possibilities on 2.15 acres.
      2842-72 State Route 72, Jonestown, PA 17038
      View Details
    • $1,650,000
      3,580 SF

      Established Jonestown Auto Center

      Profitable Auto Sales & Salvage Business
      673 Jonestown Rd, Jonestown, PA 17038
      View Details
    • $200,000
      6,770 SF

      if possible. Liquor license stays ONLY if the property continues to be run as an American Legion. If the new owner decides not to keep the American Legion as a tenant

      then the liquor license ends and does not transfer. All contents are included in the sale except a few personal items and those items not owned by the American Legion. MANY POSSIBILITIES with this property and the commercial zoning! Click under the \""Documents\"" tab to view the Union Township zoning map and the permitted uses for the commercial zoning. Property is being sold AS IS
      75 Fisher Ave, Jonestown, PA 17038
      View Details
    • Contact for pricing
      2.08 Acres

      Jonestown Retail Property - I-81 Access

      High-Visibility Retail Space, Lease or Sale
      1 Liberty Ln, Jonestown, PA 17038
      View Details
    • $550,000
      4,840 SF

      Jonestown Six-Unit Apartment Building

      Six-unit apartment building, excellent investment.
      405 Jonestown Rd, Jonestown, PA 17038
      View Details
    • $550,000
      0.18 Acres

      Jonestown Multifamily Investment Opportunity

      Five-unit apartment building with strong tenant history.
      408 Jonestown Rd, Jonestown, PA 17038
      View Details

    FAQs

    What type of property is this?
    Industrial land - Industrial land near I-81, offering potential for development.
    Where is this industrial land located?
    The property is located at Fisher Ave Jonestown, PA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Prime location in the Jonestown area near I-81 & Fisher Avenue.; - Unparalleled potential for Industrial development.; - Seamless connectivity for logistics and distribution due to close access to I-81.
    (717) 215-0917
    Request Owner's contact information
    Fisher Ave Jonestown, PA 17038
    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.
    Fisher Ave
    Jonestown, PA 17038
    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
    Fisher Ave Jonestown, PA 17038
    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

    We can help!
    Listing Contact
    JIMMY H KOURY
    JIMMY H KOURY
    Real Estate License ID: AB068844
    (717) 215-0917
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.