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    10087 Mountain Rd Grantville, PA 17028

    Sponsored
    For Sale
    $663,000

    Prime location near Penn National Racetrack. Commercial recreation zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 39-acre parcel of land presents a unique investment opportunity in Grantville, Pennsylvania. Located at 10087 Mountain Road (Route 443), this property enjoys a highly desirable position directly across from the Penn National Racetrack and Hollywood Casino, ensuring high visibility and accessibility. Its proximity to Interstate 81 (Exit 80), less than two miles away, provides excellent connectivity to regional transportation networks. The property is zoned for Commercial Recreation, making it ideally suited for developments that complement the existing entertainment and hospitality infrastructure of the area. The Assessed Parcel Number (APN) is 25-005-005. The asking price for this significant land holding is $663,000. Proposals aligning with the existing commercial landscape near Penn National Racetrack and Hollywood Casino will be given strong consideration. This is a rare chance to acquire a substantial tract of land in a thriving location with significant development potential. The property's size and strategic location offer a compelling investment opportunity for those seeking to capitalize on the area's robust tourism and entertainment sector.

    Property Features for 10087 Mountain Rd

    General Information

    Property type
    Land
    Lot Size
    1,698,840 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Gym & Fitness Hotel & Motel Kitchen & Bath Bar & Pub Garden Center Cafe & Coffee Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grantville
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.662457
    Latitude
    40.401731

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    FAQs

    What type of property is this?
    Land - Prime location near Penn National Racetrack. Commercial recreation zoning.
    Where is this land located?
    The property is located at 10087 Mountain Rd Grantville, PA.
    What is the asking price?
    The asking price for this property is $663,000.
    Request Owner's contact information
    10087 Mountain Rd Grantville, PA 17028
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    Grantville, 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
    10087 Mountain Rd Grantville, PA 17028
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