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    101 Homestead Rd York, PA 17402

    Sponsored
    For Sale
    $5,995,000

    48 Acres, 3 Buildings, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 48-acre agricultural property presents a unique investment opportunity in York County, Pennsylvania. Located at 101 Homestead Rd, York, PA 17402, this expansive parcel boasts significant development potential, situated conveniently near the Hollywood Casino. The land is currently zoned for agricultural use, offering flexibility for future projects. Included in the sale are three buildings: a renovated bank barn featuring 11 horse stalls, a newly constructed small barn complete with a copper roof and an integrated horse treadmill, and a smaller utility shop. Existing infrastructure includes on-site water, sewer, and electrical services, simplifying development plans. The property encompasses two tax parcels, identified by UPI 21-2279469-393713-0000 (101 Homestead Road) and UPI 21-2278378-394443-0000 (10443 Mountain Road), providing clear legal boundaries. This property, located in East Hanover Township, Lebanon County, offers a blend of established agricultural infrastructure and significant potential for future development, making it an attractive investment for discerning buyers. The asking price for this remarkable property is $5,995,000. Detailed site plans and zoning information are available upon request.

    Property Features for 101 Homestead Rd

    General Information

    Property type
    Farms
    Lot Size
    2,090,880 SF

    HighLights

    • $5,995,000 asking price.
    • 48‑acre agricultural land parcel.
    • Located at 101 Homestead Rd, York, PA 17402.
    • Includes three buildings: renovated bank barn with horse stalls, new barn with copper roof and treadmill, and a small shop.
    • On‑site water, sewer, and electricity.
    • Potential development opportunities; currently zoned agricultural.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6841662
    Latitude
    39.9221606

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    FAQs

    What type of property is this?
    Farm - 48 Acres, 3 Buildings, Development Potential
    Where is this farm located?
    The property is located at 101 Homestead Rd York, PA.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: $5,995,000 asking price.; 48-acre agricultural land parcel.; Located at 101 Homestead Rd, York, PA 17402.
    Request Owner's contact information
    101 Homestead Rd York, PA 17402
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    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
    101 Homestead Rd York, PA 17402
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