Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land Near Major Retailers Title is generated by Realmo AI

    70 Wilderness Trail, Hamburg, PA 19526

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land available near high-traffic retailers, ideal for development.

    Type:Land
    Added:
    Aug 17, 2021
    Days on Market:
    1752
    Last Refresh:
    May 19 at 9:47 pm

    Property Features for 70 Wilderness Trail

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Pat Gallagher

    Listing agent Pat Gallagher License #PA 1756596

    Listing office Metro Commercial Real Estate, Inc.

    Listing date Aug 17, 2021

    Source Crexi

    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 Metro Commercial Real Estate, Inc.

    HighLights

    • High visibility location on Route 61 with approximately 21,000 vehicles per day.
    • Strong neighboring tenants, including Cabela's, which attracts 6 million visitors annually.
    • Rare ground‑up development opportunity in a trade area with strong barriers to entry.
    • Seeking restaurants, medical, and/or multiple small shop retailers.
    • Join established retailers such as Lowe's, Walmart, Dollar Tree, Hampton Inn, and Aldi.

    Overview

    This commercial land is positioned with high visibility from Route 61, which sees approximately 21,000 vehicles per day. The property is located near retailers such as Cabela's, Lowe's, Walmart, Dollar Tree, Hampton Inn, and Aldi. The location benefits from the strong neighboring tenants, including Cabela's, which attracts approximately 6 million visitors annually. This is a development opportunity in a trade area with strong barriers to entry. The property is suitable for restaurants, medical facilities, and multiple small shop retailers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamburg
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.0048082
    Latitude
    40.5619853

    Nearby Similar for Sale

    • $199,900
      4,400 SF

      Hamburg Mixed-Use Remodeling Opportunity

      Mixed-use property with bar, residence potential, and parking.
      1634 MOSELEM SPRINGS Road, HAMBURG, PA 19526
      View Details
    • $275,500

      Building Lot with Approved Perc Sites

      Private 8+ acre building lot with three approved perk sites, offering clear path to a traditional country home site.
      Focht Lane, Windsor Twp, PA 19526
      View Details
    • $120,000

      Land in Hamburg, Pennsylvania

      2.4-acre lot in Hamburg Area School District.
      Tract 1 BERNE Road, HAMBURG, PA 19526
      View Details
    • $120,000

      Residential Land in Hamburg, PA

      1.98-acre lot in Hamburg Area School District, build your dream home.
      Tract 3 HEX Highway, HAMBURG, PA 19526
      View Details
    • $120,000

      Residential Land in Hamburg, PA

      1.9-acre lot for building a custom dream home.
      Tract 2 HEX Highway, HAMBURG, PA 19526
      View Details
    • $130,000

      Pizzeria Business Opportunity in Hamburg

      Turn-key pizzeria business for sale in downtown Hamburg, Pennsylvania.
      2 S 4TH STREET, HAMBURG, PA 19526
      View Details
    • Contact for pricing

      Retail Development Opportunity, High Visibility

      Retail development opportunity with high visibility and strong neighboring tenants.
      70 Wilderness Trail Road, Hamburg, PA 19526
      View Details
    • Contact for pricing
      252,448 SF

      Hamburg Industrial Property For Lease

      252,448 square foot industrial property in Hamburg, Pennsylvania.
      100 Industrial Dr, Hamburg, PA
      View Details
    • Contact for pricing
      400,000 SF

      Retail Space Near Cabela's Store

      Retail spaces available in dominant shopping center near Cabela's.
      Route 78 & Route 61, Hamburg, PA 19526
      View Details
    • $199,900

      Hamburg Mixed-Use Remodel Opportunity

      Mixed-use property needing extensive remodel with business and residence potential.
      1634 Moselem Spring Road, Hamburg, PA 19526
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available near high-traffic retailers, ideal for development.
    Where is this commercial land located?
    The property is located at 70 Wilderness Trail Hamburg, PA.
    What are key features of this property?
    This property features: High visibility location on Route 61 with approximately 21,000 vehicles per day.; Strong neighboring tenants, including Cabela's, which attracts 6 million visitors annually.; Rare ground‑up development opportunity in a trade area with strong barriers to entry.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Pat Gallagher
    Real Estate License ID: PA 1756596
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    70 Wilderness Trail, Hamburg, PA 19526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!