Your AI Navigator in Commercial Real Estate
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

    501 Park Ave Hershey, PA 17033

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Three contiguous parcels on Park Avenue, ideal for commercial use.

    Lot size:
    0.62 Acres

    Property Features for 501 Park Ave

    General Information

    Lot size
    0.62 Acres

    Source: Bill Gladstone, CCIM, SIOR Agent Bill Gladstone, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Park Avenue Commercial Land Parcels

    This offering features three contiguous parcels situated on the 500 block of Park Avenue. The location benefits from high traffic volume and offers flexible potential for various commercial applications, including retail, food service, or office use. The site provides strong accessibility and visibility, including visibility from Hershey Park's Lightening Racer. The property is located between Hersheypark Drive and Route 422, with proximity to Routes 322, 283, 83, and 81.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hershey
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.652056
    Latitude
    40.292827

    Nearby Similar for Sale

    • $625,000
      2,458 SF

      Charming Cocoa Townes Home

      Well-maintained 2-bedroom home near Hershey Medical Center.
      29 Almond Dr, Hershey, PA 17033
      View Details
    • Contact for pricing
      3,661 SF

      Freestanding Former Bank For Sale

      Freestanding former bank with drive-thru and ample parking.
      1245 Cocoa Ave, Hershey, PA 17033
      View Details
    • $1,380,000
      0.51 Acres

      Hershey Office Building - Prime Location

      Turn-key office/medical building, excellent condition.
      339 Governor Rd, Hershey, PA 17033
      View Details
    • Contact for pricing
      0.17 Acres

      Hershey Office Building For Lease

      Downtown Hershey office, 0.17 acres, $3,000/month.
      421 Chocolate Ave, Hershey, PA 17033
      View Details
    • $515,000
      2,850 SF

      Hershey Mixed-Use Investment

      Prime Hershey location, 2 units, 100% occupied.
      1223 Chocolate Ave, Hershey, PA 17033
      View Details
    • $3,000,000

      Hershey Retail Bank Building For Sale

      Prime Hershey location, ±3,661 SF bank building.
      1245 Cocoa Ave, Hershey, PA 17033
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three contiguous parcels on Park Avenue, ideal for commercial use.
    Where is this commercial land located?
    The property is located at 501 Park Ave Hershey, PA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Prime location on Park Avenue in a high-traffic area.; - Three contiguous parcels offer flexible potential for retail, food service, or office use.; - Strong accessibility and visibility for commercial users.
    (717) 319-9022
    Request Owner's contact information
    501 Park Ave Hershey, PA 17033
    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.
    501 Park Ave
    Hershey, PA 17033
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    501 Park Ave Hershey, PA 17033
    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
    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.