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    Locust Point Rd Mechanicsburg, PA 17055

    Sponsored
    For Sale
    $2,500,000

    Prime Industrial Land: 25 Acres, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25-acre parcel of commercially zoned land presents a unique investment opportunity in Mechanicsburg, Pennsylvania. Located on South Locust Point Road, this relatively flat site is designated IND, allowing for a variety of industrial uses. The property boasts convenient access via township or PennDOT roads, providing excellent accessibility for transportation and logistics. While on-lot sewage and water systems are required, the site benefits from proximity to existing infrastructure. Specifically, it's situated just 1.6 miles from the intersection of State Route 74 and US Route 15, offering strategic connectivity to major transportation arteries. Furthermore, the property is adjacent to the Norfolk Southern Railroad, providing potential rail access for businesses requiring freight transport. A Columbia Gas main runs along Locust Point Road, although a reducer may be needed for connection. The property's APN is 22-12-0350-105. This expansive land parcel presents a compelling opportunity for developers and businesses seeking a strategic location in Cumberland County. The asking price for this significant industrial land holding is $2,500,000.

    Property Features for 0 Locust Point Rd

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF

    HighLights

    • $2,500,000 asking price.
    • 25‑acre commercial land parcel.
    • Industrially zoned (IND).
    • Located in Mechanicsburg, PA (Cumberland County), at S Locust Point Rd, 17055.
    • APN: 22‑12‑0350‑105.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.0334179
    Latitude
    40.2475923

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land: 25 Acres, Excellent Location
    Where is this land located?
    The property is located at Locust Point Rd Mechanicsburg, PA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price.; 25-acre commercial land parcel.; Industrially zoned (IND).
    Request Owner's contact information
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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
    Locust Point Rd Mechanicsburg, PA 17055
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