9969 Allentown Blvd Grantville, PA 17028
9969 Allentown Blvd, Grantville, PA, 17028
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For Sale
Contact for pricing
Motels
Property Size4,000 SF
Lot Size1.57 Acres
Price / SF$149.75
Days on Market2076
Property Features for 9969 Allentown Blvd
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 1.57 Acres
- Property subtype
- Retail, Hospitality, Land
Building Details
- Year Built
- 1950
Listing Agency
Landmark Commercial Realty
Listed by
Bogumila 'Bo' Mangam · License #PA
Source
Crexi
Added: Nov 12, 2020 Updated: Jul 10 at 3:42 pm Checked: Jul 20 at 3:42 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Route 22 in Grantville, PA, suitable for hospitality, retail, or multi‑tenant development.
- Commercial Highway Zoning allows hotels, restaurants, and vehicle‑related businesses.
- 1.57‑acre lot with additional land for potential development to increase value.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $18.00 |
| − Vacancy | −$8.6k | −$2.16 |
| EGI | $63.4k | $15.84 |
| − OpEx | −$33.3k | −$8.32 |
| NOI | $30.1k | $7.52 |
4,000 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$429.9K
$376.2K – $501.6K
NOI $30,096 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.37M
$6.45M – $8.60M
NOI $515,700 @ 7.0% cap · market cap 86.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- Red Umbrella Bed and Breakfast — 9866 Jonestown Rd, Grantville, PA 17028
- Hampton Inn Harrisburg/Grantville/Hershey — 255 Bow Creek Rd, Grantville, PA 17028
- Mainstay Suites Grantville - Hershey North — 105 Kelley Ct, Grantville, PA 17028
- Cottage Inn & Self Storage — 10200 Allentown Blvd, Grantville, PA 17028
- Tru by Hilton Grantville — 248 Bow Creek Rd, Grantville, PA 17028
FAQs
Where is this motel located?
The property is located at 9969 Allentown Blvd Grantville, 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: Prime location on Route 22 in Grantville, PA, suitable for hospitality, retail, or multi‑tenant development.; Commercial Highway Zoning allows hotels, restaurants, and vehicle‑related businesses.; 1.57‑acre lot with additional land for potential development to increase value.
