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    1497 Main St Waynesboro, PA 17268

    Sponsored
    For Lease
    $125,000

    23 Acres, Prime Redevelopment Opportunity

    Lot size:
    125,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23-acre vacant land parcel presents a remarkable redevelopment opportunity in the thriving Waynesboro, Pennsylvania market. Located at 1497 E Main Street, this single-tenant property boasts a highly desirable location, situated directly behind the Wayne Heights Mall, a prominent shopping center anchored by Tractor Supply Company, Dollar Tree, and Rite Aid. The property's zoning designation is Vacant Land - General, offering considerable flexibility for a wide range of development projects. Potential uses include retail establishments, medical facilities, service-oriented businesses, or multi-family residential developments. The site benefits from excellent visibility and accessibility, featuring signalized access at the intersection of Main Street and N Welty Road. This strategic location places the property in close proximity to a variety of established retailers, including Walmart, Lowe's, Dunkin', and Advance Auto Parts, ensuring high traffic volume and strong consumer presence. The APN is 23-Q12-32, and the property is situated in Franklin County, Pennsylvania, with a zip code of 17268. This is a rare opportunity to acquire a significant land parcel in a vibrant and growing community. The property's size and location make it an ideal investment for developers seeking to capitalize on the area's robust economic activity and strong consumer base. Don't miss this chance to secure a prime piece of real estate in Waynesboro.

    Property Features for 1497 Main St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    125,000 SF
    Total Rate
    125000

    Unit(s) available at that property

    Space
    Size
    125,000 SF
    Rate per SF
    $125,000

    HighLights

    • 23‑acre vacant land parcel in Waynesboro, PA, offering redevelopment potential.
    • Located at 1497 E Main Street, behind Wayne Heights Mall (anchored by Tractor Supply, Dollar Tree, and Rite Aid).
    • Zoned Vacant Land - General, suitable for retail, medical, service, or multi‑family uses.
    • Excellent visibility and accessibility with signalized access at Main Street & N Welty Road, near Walmart, Lowe's, and other retailers.
    • APN 23‑Q12‑32, Franklin County, PA, 17268.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waynesboro
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.5523699
    Latitude
    39.7479506

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - 23 Acres, Prime Redevelopment Opportunity
    Where is this land located?
    The property is located at 1497 Main St Waynesboro, PA.
    What is the lease rate?
    The lease rate is $125,000.
    What are key features of this property?
    This property features: 23-acre vacant land parcel in Waynesboro, PA, offering redevelopment potential.; Located at 1497 E Main Street, behind Wayne Heights Mall (anchored by Tractor Supply, Dollar Tree, and Rite Aid).; Zoned Vacant Land - General, suitable for retail, medical, service, or multi-family uses.
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    1497 Main St Waynesboro, PA 17268
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    Waynesboro, PA 17268
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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
    1497 Main St Waynesboro, PA 17268
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