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    Main St Palmyra, PA 17078

    Sponsored
    For Sale
    $1,600,000

    1.7 Acres, Highway Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Palmyra, Pennsylvania. Located on East Main Street (Route 422), this property boasts a highly desirable Highway Commercial zoning designation, opening doors to a wide array of commercial ventures. The strategic location within a bustling retail corridor ensures high visibility and accessibility, surrounded by a concentration of established national retailers including AutoZone, CVS, McDonald's, Mavis Discount Tires, and Sheetz, among others. This prime location guarantees significant foot traffic and convenient access for potential customers. The property's 1.7-acre size offers ample space for development, making it suitable for a variety of commercial uses, from retail establishments to potential access points for neighboring properties. The asking price is $1,600,000. The property's Assessed Parcel Number (APN) is 16-2294437-359734-0000067. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with exceptional potential for success. The property is situated in Lebanon County, Pennsylvania, with a zip code of 17078.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • 1.7‑acre commercial land parcel in Palmyra, PA, on Route 422 (East Main Street).
    • Highway Commercial zoning allows for diverse commercial uses.
    • High‑visibility location in a bustling retail corridor near AutoZone, CVS, McDonald's, Mavis, and Sheetz.
    • $1,600,000 asking price.
    • APN: 16‑2294437‑359734‑0000067.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palmyra
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.580902574733
    Latitude
    40.314668796739

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    FAQs

    What type of property is this?
    Land - 1.7 Acres, Highway Commercial Zoning
    Where is this land located?
    The property is located at Main St Palmyra, PA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 1.7-acre commercial land parcel in Palmyra, PA, on Route 422 (East Main Street).; Highway Commercial zoning allows for diverse commercial uses.; High-visibility location in a bustling retail corridor near AutoZone, CVS, McDonald's, Mavis, and Sheetz.
    (717) 208-8669
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    Main St Palmyra, PA 17078
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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
    Main St Palmyra, PA 17078
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