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    5602 William Penn Hwy Mifflintown, PA 17059

    For Lease
    Contact for pricing

    Prime Industrial-Commercial Land, 11 Acres, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11-acre commercial land parcel presents a unique investment opportunity in Mifflintown, Pennsylvania. Located at 5602 William Penn Highway, this property boasts a highly desirable Industrial-Commercial zoning (APN 17-1-128, Juniata County). Its flat terrain is ideal for various development projects. The site offers convenient access, sharing full-motion access with an adjacent, recently constructed Rutter's convenience store, ensuring high visibility and easy ingress/egress. Its strategic location just off the Port Royal exit of Route 22 provides excellent accessibility. The surrounding area features a recently built Dollar General and the proximity to the Port Royal Speedway adds to its appeal. This property is well-suited for a range of commercial ventures, including hotels, banks, truck or auto service centers, or office spaces. The substantial lot size allows for potential subdivision, offering flexibility for future development or leasing opportunities. This is a rare opportunity to acquire a significant parcel of land in a thriving commercial area. The property's location and zoning make it an attractive investment for developers and businesses seeking a strategic location in central Pennsylvania. The 17059 zip code ensures easy access to local amenities and transportation networks.

    Property Features for 5602 William Penn Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Land (11 Acres)
    Size
    0 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Mifflintown
    County
    Juniata
    State
    Pennsylvania
    Longitude
    -77.3683004
    Latitude
    40.5478863

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    FAQs

    What type of property is this?
    Land - Prime Industrial-Commercial Land, 11 Acres, Excellent Location
    Where is this land located?
    The property is located at 5602 William Penn Hwy Mifflintown, PA.
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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
    5602 William Penn Hwy Mifflintown, PA 17059
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