Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    37 Marsanna Ln Jonestown, PA 17038

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    20 Acres, Prime Location, High Visibility

    Property Features for 37 Marsanna Ln

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Nick Sallack
    Nick Sallack

    Listing Agency: Landmark Commercial Realty Listing Agent: Nick Sallack

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 20-acre parcel presents a unique investment opportunity in Jonestown, Pennsylvania. Strategically located at the highly visible northwest quadrant of I-81 and Route 72/Fisher Avenue in Lickdale, Union Township, this commercially and industrially zoned land boasts unparalleled access and visibility. The property fronts I-81, with convenient access via Fisher Avenue/Marsanna Lane. Its location offers significant advantages, situated just 22 miles north of Harrisburg and 2 miles north of the I-81 and I-78 interchange. The high traffic volume of 26,000 vehicles per day on I-81 ensures substantial exposure for any development. The permitted Industrial zoning allows for a wide range of commercial uses, making it ideal for various businesses. This prime location benefits from proximity to established corporate neighbors including TE Connectivity, Swift Transportation, Samsung, VFC Apparel, MSC Industrial Supply, Ingram Micro, Freightliner, Georgia Pacific, Mattel, Sunset Produce, Incora, Ferrero USA, First Logistics, and the significant Pennsylvania National Guard Training Facility, Fort Indiantown Gap. The property's address is 37 Marsanna Lane, Jonestown, PA 17038. This is a rare opportunity to acquire a large, strategically located parcel with exceptional visibility and access in a thriving commercial and industrial corridor. The asking price is $1,850,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Skin Care Clinic Department Store Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonestown
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.52249
    Latitude
    40.449934

    Nearby Similar for Sale

    • Contact for pricing
      2.08 Acres

      Jonestown Retail Property - I-81 Access

      High-Visibility Retail Space, Lease or Sale
      1 Liberty Ln, Jonestown, PA 17038
      View Details
    • $1,650,000
      3,580 SF

      Established Jonestown Auto Center

      Profitable Auto Sales & Salvage Business
      673 Jonestown Rd, Jonestown, PA 17038
      View Details
    • $550,000
      4,840 SF

      Jonestown Six-Unit Apartment Building

      Six-unit apartment building, excellent investment.
      405 Jonestown Rd, Jonestown, PA 17038
      View Details
    • $550,000
      0.18 Acres

      Jonestown Multifamily Investment Opportunity

      Five-unit apartment building with strong tenant history.
      408 Jonestown Rd, Jonestown, PA 17038
      View Details
    • $200,000
      6,770 SF

      if possible. Liquor license stays ONLY if the property continues to be run as an American Legion. If the new owner decides not to keep the American Legion as a tenant

      then the liquor license ends and does not transfer. All contents are included in the sale except a few personal items and those items not owned by the American Legion. MANY POSSIBILITIES with this property and the commercial zoning! Click under the \""Documents\"" tab to view the Union Township zoning map and the permitted uses for the commercial zoning. Property is being sold AS IS
      75 Fisher Ave, Jonestown, PA 17038
      View Details

    FAQs

    What type of property is this?
    Land - 20 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at 37 Marsanna Ln Jonestown, PA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 20-acre parcel with Commercial/Industrial zoning, allowing for diverse commercial uses.; High-visibility location fronting I-81 with access from Fisher Avenue/Marsanna Lane in Lickdale, PA.; Excellent access: 22 miles north of Harrisburg, 2 miles north of I-81/I-78 interchange.
    (717) 731-1990 Call to check price and availability
    Request Owner's contact information
    37 Marsanna Ln Jonestown, PA 17038
    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.
    37 Marsanna Ln
    Jonestown, PA 17038
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    37 Marsanna Ln Jonestown, PA 17038
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nick Sallack
    Nick Sallack
    Real Estate License ID: #RS351495
    (717) 731-1990 (717) 829-4011
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!