0 Gray Dr, Mechanicsburg, PA 17055
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.