Property profile

0 Clear Spg Rd & Rte 422 Annville, PA 17003

OFF-MARKET
Land
23 ac lot
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Property summary

AI-generated overview

This exceptional 23 +/- acre parcel of land presents a remarkable opportunity for developers seeking a prime location in Annville, Pennsylvania. Situated at the intersection of Clear Spring Road and Route 422, this property boasts a highly desirable commercial zoning designation, allowing for a wide range of development possibilities. The land itself is characterized by good topography, making it suitable for various construction projects. The property's strategic location between Annville and Palmyra offers excellent accessibility and visibility, making it an ideal site for a hotel or other commercial ventures. The asking price is $5,750,000. The property's versatility is further enhanced by its potential for subdivision, with options ranging from 2 to 23 acres. The surrounding area features a diverse mix of residential, industrial, and commercial uses, creating a vibrant and dynamic environment. The property's APN is 25-2306271-363946-0000. This is a rare opportunity to acquire a substantial land holding in a thriving Pennsylvania community. Don't miss this chance to secure a prime location for your next development project. The property is located in Lebanon County, Pennsylvania, with a zip code of 17003.

Property profile

Verified
Property type Land
Lot 23 ac (1,001,880 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Clear Spg Rd & Rte 422 Annville, PA 17003
Annville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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