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    9969 Allentown Blvd Ft Fort Indiantown Gap, PA 17028

    Sponsored
    For Sale
    $599,000

    Prime Route 22 location, high ROI.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity encompasses a 4,000 square foot hospitality complex situated on a 1.57-acre lot in Grantville, Pennsylvania, at 9969 Allentown Blvd (APN: 25-011-027 & (001)). Currently operating as an eight-unit extended-stay motel with two additional income-generating mobile homes, this property presents significant upside potential. The property boasts three buildings, all single-story, built in 1950, and features ten units in total. The asking price is $599,000, representing a price per square foot of $149.75 and a pro-forma cap rate of 11.40%, with a current NOI of $69,652.25. The Commercial Highway zoning allows for hotels, restaurants, and vehicle-related businesses. Its strategic location, just one mile from the Hollywood Casino and Racetrack, provides unparalleled access to a large workforce and significant tourism traffic. The substantial surplus land offers considerable potential for expansion or redevelopment, further enhancing the property's value. This property is a rare combination of immediate income generation and significant future development potential, making it an attractive investment for discerning buyers.

    Property Features for 9969 Allentown Blvd Ft

    General Information

    Property type
    Restaurants
    Square Feet
    4,000 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1950
    Buildings
    3
    Stories
    1
    Units
    10

    HighLights

    • 8‑unit extended‑stay motel plus 2 mobile homes generating consistent income.
    • 1.57‑acre lot with surplus land for redevelopment as hotel or restaurant.
    • Prime location near Hollywood Casino & Racetrack.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Fort Indiantown Gap
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.647409340364
    Latitude
    40.373403847037

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    FAQs

    What type of property is this?
    Restaurant - Prime Route 22 location, high ROI.
    Where is this restaurant located?
    The property is located at 9969 Allentown Blvd Ft Fort Indiantown Gap, PA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 8-unit extended-stay motel plus 2 mobile homes generating consistent income.; 1.57-acre lot with surplus land for redevelopment as hotel or restaurant.; Prime location near Hollywood Casino & Racetrack.
    Request Owner's contact information
    9969 Allentown Blvd Ft Fort Indiantown Gap, 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
    9969 Allentown Blvd Ft Fort Indiantown Gap, PA 17028
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