Property profile

4545 E Harrisburg Pike Elizabethtown, PA 17022

FOR SALE
Golf courses & driving ranges
Property ID
US73-2011274
2,476 SF 184.87 ac lot Built 1992
Individually Owned 2-yr Hold ~ Est. High Equity
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4545 E Harrisburg Pike, Elizabethtown, PA 17022 For Sale
Contact for pricing 2,476 SF
4545 E Harrisburg Pike, Elizabethtown, PA 17022
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Property summary

AI-generated overview

This exceptional 185-acre mixed-use development opportunity is located at 4545 E Harrisburg Pike in Elizabethtown, Pennsylvania, Dauphin County, zip code 17022. The property, formerly a golf course, boasts a prime location at the intersection of Route 230 (East Harrisburg Pike) and Deodate Road, featuring a recently installed traffic light to accommodate increased traffic flow. The site is strategically positioned between Middletown and Elizabethtown, offering convenient access to major transportation arteries including I-283, I-76, the PA Turnpike, I-83, I-81, Route 22, Route 422, Route 322, Route 30, and Harrisburg International Airport (HIA). A portion of the land is zoned C-2 Commercial/Agricultural (Shopping Center), permitting a variety of retail and commercial uses along both Deodate Road and Harrisburg Pike. The property's zoning allows for a high-density residential development, with a current plan supporting up to 185 single-family homes. Public sewer access has recently been extended to the Route 230 corridor, enhancing the development potential. The asking price for this Class A property is $7,250,000. Various APNs apply. This is a rare opportunity to acquire a large-scale development site with significant potential for both commercial and residential growth in a thriving Pennsylvania location.

Property profile

Verified
Property type Golf courses & driving ranges
Use group GOLF COURSE
Year built 1992
Construction FRAME
Total area 2,476 SF
Lot 184.87 ac (8,052,807 SF)
APN 34-020-010
UPID US73-2011274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4545 E Harrisburg Pike Elizabethtown, PA 17022
Elizabethtown metro Census 24001 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.31M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.31M

Owner & transaction history

since 2024
Last sale
$2.3M
7 recorded transactions
2024
$2.3M
2019
$975,000
2015
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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