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    5 Military Rd Pearl River, LA 70452

    For Sale
    $991,200

    Prime Harrisburg farmland with existing structures.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 20-acre agricultural property, located in Cumberland County's Harrisburg - West submarket (CPA cluster), presents a unique investment opportunity. The property features a two-story home, a barn, and an indoor riding rink, offering versatile potential. The parcel is identified by APN 42-26-0241-001. Its zoning allows for various uses, including a contractor shop and yard, as well as landscaping and garden services, per special exception (refer to Township of Upper Allen, PA, Cumberton County, Part II/General Legislation/ Chapter 245 Zoning, Article IV Agriculture District (A) 245-4.2 Permitted Uses for complete details). The property boasts convenient access to PA Route 15 and other major Pennsylvania highways, ensuring excellent connectivity. This single-tenant land offers significant potential for agricultural pursuits, business ventures, or a combination thereof. The existing structures provide immediate utility, while the ample acreage allows for expansion and development. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 5 Military Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    217,800 SF

    HighLights

    • 20‑acre agricultural land parcel in Cumberland County.
    • Single‑tenant property.
    • Located in the Harrisburg - West submarket (CPA cluster).
    • APN: 42‑26‑0241‑001.
    • Includes a two‑story home, barn, and indoor riding rink.
    • Zoned for agricultural use with potential for contractor shop and yard, and landscaping/garden services (special exception required).
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

    Realty agency Building Supply Daycare Center Auto Repair Shop Pharmacy Kitchen & Bath Wholesale Shop Bakery Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearl River
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.746447686581
    Latitude
    30.357687215933

    Nearby Comparable

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      Land Available in Pearl River

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      Land For Sale

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    Nearby Similar for Sale

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    • Contact for pricing
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    • $1,499,000
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      High-traffic location, strong tenant, long lease.
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    • $239,000
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      Pearl River Mixed-Use Investment

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    FAQs

    What type of property is this?
    Multifamily property - Prime Harrisburg farmland with existing structures.
    Where is this multifamily property located?
    The property is located at 5 Military Rd Pearl River, LA.
    What is the asking price?
    The asking price for this property is $991,200.
    What are key features of this property?
    This property features: 20-acre agricultural land parcel in Cumberland County.; Single-tenant property.; Located in the Harrisburg - West submarket (CPA cluster).
    Request Owner's contact information
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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
    5 Military Rd Pearl River, LA 70452
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