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    Strickler Rd & Mt Joy Rd Manheim, PA 17552

    Sponsored
    For Sale
    Contact for pricing

    8.7-acre multifamily development opportunity. Rezoning potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.7-acre property, located at the intersection of Strickler Road and Mount Joy Road in Manheim, Pennsylvania (Lancaster County, zip code 17552), presents a unique investment opportunity. Currently zoned A - Agricultural, the property is ideally suited for redevelopment. The property's location offers significant potential for rezoning, with strong anticipation of approval for Highway Commercial (HC) zoning on a portion of the land, and alternatively, Mixed Use (R-2) Residential zoning on the southwest tract and Industrial (IND) zoning on the southeast tract by Rapho Township. The property's multifamily designation, combined with its substantial acreage and prime location, makes it an attractive prospect for developers seeking to capitalize on the area's growth. The Assessed Parcel Number (APN) is 540-55081-0-0000. Offers should reflect the anticipated rezoning process. This is a truly unique opportunity to acquire a large parcel of land with significant development potential in a desirable location. The property is classified as Multifamily, Land with subtypes including Agricultural, Industrial, and Apartment Building.

    Property Features for 0 Strickler Rd & Mt Joy Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    378,972 SF

    HighLights

    • Rezoning required; offers contingent upon approval.
    • Rapho Township anticipated to approve Highway Commercial (HC) or Mixed Use (R‑2) zoning for the southwest parcel, and Industrial (IND) zoning for the southeast parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manheim
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.4770252
    Latitude
    40.1234623

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    FAQs

    What type of property is this?
    Multifamily property - 8.7-acre multifamily development opportunity. Rezoning potential.
    Where is this multifamily property located?
    The property is located at Strickler Rd & Mt Joy Rd Manheim, PA.
    What are key features of this property?
    This property features: Rezoning required; offers contingent upon approval.; Rapho Township anticipated to approve Highway Commercial (HC) or Mixed Use (R-2) zoning for the southwest parcel, and Industrial (IND) zoning for the southeast parcel.;
    Request Owner's contact information
    Strickler Rd & Mt Joy Rd Manheim, PA 17552
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    Manheim, PA 17552
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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
    Strickler Rd & Mt Joy Rd Manheim, PA 17552
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