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    Lancaster Ave Bethel, PA 19507

    For Sale
    $1,100,000

    19 Acres, Village Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 19-acre commercial land parcel presents a unique development opportunity in Bethel Township, Berks County, Pennsylvania. Located on Lancaster Avenue (Rt 501), this gently sloping property boasts approximately 211 feet of frontage, offering excellent visibility and accessibility. Zoned Village District, the land allows for a diverse range of uses, including single-family detached and semi-detached housing, restaurants, convenience stores, and other retail establishments. Public sewer is readily available, and with public water approval, high-density housing becomes a viable option. The strategic location along the I-78 corridor, between Allentown and Harrisburg, provides easy access to a thriving industrial area experiencing significant growth. This area currently faces a housing shortage for the expanding workforce, making this property particularly attractive for residential development. While currently raw land, requiring municipal approvals for development, the owners are open to negotiating an agreement contingent upon securing these approvals. This prime location, combined with its versatile zoning and proximity to major transportation routes, makes this a compelling investment opportunity. The property offers a blend of residential and commercial potential, catering to the growing needs of the region. All interested parties should be prepared to navigate the necessary municipal approval processes.

    Property Features for 0 Lancaster Ave

    General Information

    Property type
    Land
    Lot Size
    827,640 SF

    HighLights

    • $1,100,000 asking price.
    • 19‑acre commercial land parcel.
    • Village zoning in Bethel Township, Berks County, PA.
    • Approximately 211 feet of frontage on Lancaster Ave (Rt 501).
    • Public sewer available; on‑lot private wells; public water approval possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bethel
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.3101263
    Latitude
    40.4869065

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    FAQs

    What type of property is this?
    Land - 19 Acres, Village Zoning, Development Ready
    Where is this land located?
    The property is located at Lancaster Ave Bethel, PA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 19-acre commercial land parcel.; Village zoning in Bethel Township, Berks County, PA.
    (610) 321-1111
    Request Owner's contact information
    Lancaster Ave Bethel, PA 19507
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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
    Lancaster Ave Bethel, PA 19507
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