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    OFF-MARKET
    Land

    0 Gray Dr, Mechanicsburg, PA 17055

    2.81 ac lot Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.81-acre commercial land parcel in Mechanicsburg, Pennsylvania, presents a unique investment opportunity. Located in Upper Allen Township on a high-traffic corridor of PA-114, this Class A property boasts a 2021 build date and C2 Highway Commercial zoning. The site is ideally situated adjacent to Mechanicsburg Middle School and near major developments including Penn State Health Medical Group, a planned 7-Eleven flagship store, Paul B Hardware, and the Shepherdstown Crossing project. Development plans envision either two single-story medical office buildings totaling 17,232 square feet or a single 15,000 square-foot two-story office building. This location offers excellent visibility and accessibility, making it perfect for medical, administrative, or professional office users. The property's proximity to Messiah Lifeways Senior Community and numerous national retailers further enhances its appeal. This is a rare chance to acquire a highly desirable, strategically located commercial land parcel in a thriving, affluent community. The asking price is $745,000. The property includes one three-story building.

    Property profile
    Verified
    Property type Land
    Year built 2021
    Lot 2.81 ac (122,404 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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