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    101 Homestead Rd Grantville, PA 17028

    Sponsored
    For Sale
    $5,995,000

    48 Acres, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 48-acre horse farm in Grantville, Pennsylvania, presents a unique investment opportunity. The property, located in Lebanon County and zoned for agricultural use, boasts significant development potential. The sale includes three buildings: a renovated bank barn featuring 11 horse stalls, a new small barn with a copper roof and an integrated horse treadmill, and a smaller workshop. Existing infrastructure includes on-site water, sewer, and electrical services. The land is conveniently situated bordering two roads, providing excellent access. The property's agricultural zoning offers flexibility for various uses, while its proximity to the Hollywood Casino adds to its appeal. The two tax parcel identifiers are 21-2279469-393713-0000 (101 Homestead Road) and 21-2278378-394443-0000 (10443 Mountain Road). This property is ideal for both equestrian enthusiasts and developers seeking a prime location with substantial acreage and existing structures. The asking price is $5,995,000. The address is 101 Homestead Road, Grantville, PA 17028.

    Property Features for 101 Homestead Rd

    General Information

    Property type
    Farms
    Lot Size
    2,090,880 SF

    HighLights

    • 48‑acre horse farm in Grantville, PA, zoned agricultural with significant development potential.
    • Three buildings: renovated bank barn (11 stalls), new barn with copper roof & treadmill, and workshop.
    • Existing water, sewer, and electric; access from two roads.
    • Two tax parcels: 21‑2279469‑393713‑0000 & 21‑2278378‑394443‑0000.
    • $5,995,000 asking price; address: 101 Homestead Road, Grantville, PA 17028.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store Electrical Service Wine and Liquor Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Grantville
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.634808
    Latitude
    40.408033

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    FAQs

    What type of property is this?
    Farm - 48 Acres, Development Potential
    Where is this farm located?
    The property is located at 101 Homestead Rd Grantville, 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: 48-acre horse farm in Grantville, PA, zoned agricultural with significant development potential.; Three buildings: renovated bank barn (11 stalls), new barn with copper roof & treadmill, and workshop.; Existing water, sewer, and electric; access from two roads.
    Request Owner's contact information
    101 Homestead Rd Grantville, PA 17028
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    Grantville, PA 17028
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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 Grantville, PA 17028
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