Seq Carlisle Pike & Silver Spg Rd Mechanicsburg, PA 17050
Sponsored
For Sale
$895,000
17 Acres, Highway Commercial Zoning, Prime Location
Description
Added:
Dec 11, 2024
Days on Market:
391
This exceptional 17.31-acre commercial land parcel presents a unique investment opportunity in Mechanicsburg, Pennsylvania. Strategically located at the highly visible intersection of Carlisle Pike (US-11) and Silver Spring Road, a major retail thoroughfare in central Pennsylvania, this property boasts unparalleled visibility and accessibility. With over 25,000 vehicles passing daily, this site offers unmatched exposure for a wide range of commercial ventures. The land is zoned Highway Commercial, and comes with complete land development approvals in place, pending only the final HOP permit. This allows for immediate development and minimizes delays. Ideal uses include medical offices, daycare centers, retail establishments, restaurants, fitness centers, banks, hospitality businesses, or professional offices. The surrounding area is anchored by a robust mix of national retailers, including Wegmans, Chick-fil-A, Walmart, Home Depot, Hobby Lobby, Home Goods, Best Buy, Target, CarMax, REI, and Giant Food, ensuring high consumer traffic and a strong market presence. The property's Assessment Parcel Number (APN) is 38-07-0457-012, and ownership is fee simple. Currently enrolled in the "Clean & Green" tax program, this property offers significant long-term value and potential for substantial returns. Don't miss this chance to acquire a premier commercial site in a thriving market. The asking price is $895,000.
Property Features for 0 Seq Carlisle Pike & Silver Spg Rd
Land - 17 Acres, Highway Commercial Zoning, Prime Location
Where is this land located?
The property is located at Seq Carlisle Pike & Silver Spg Rd Mechanicsburg, PA.
What is the asking price?
The asking price for this property is $895,000.
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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.
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Seq Carlisle Pike & Silver Spg Rd Mechanicsburg, PA 17050
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Seq Carlisle Pike & Silver Spg Rd, Mechanicsburg, PA
Michael Curran, SIOR
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Seq Carlisle Pike & Silver Spg Rd, Mechanicsburg, PA
Michael Curran, SIOR
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Seq Carlisle Pike & Silver Spg Rd, Mechanicsburg, PA
Michael Curran, SIOR
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