Wilhelm Ave Lebanon, PA 17042
- Land
- 35.10 lot acres
Current Use by Public Records
- Land
Property Details for 0 Wilhelm Ave
- Lot size
- 35.10 lot acres
- Property type
- Land
Description
This exceptional 35.1-acre parcel in Lebanon, PA, presents a remarkable residential development opportunity. Located in South Lebanon Township and the Cornwall-Lebanon School District, this property offers significant potential for building new homes in a highly desirable area. The site's favorable demographics, excellent schools, nearby parks, and convenient access to healthcare and amenities create a strong foundation for new housing construction and growth. Directly adjacent to the thriving Strathford Meadows development, which features attractive single-family homes with modern amenities, this land provides a seamless continuation of existing residential growth. The property also borders a section of the Lebanon Valley Rails to Trails, adding to its appeal. Utilities are readily available, including gas, electric, public water, and sewer. A conceptual site plan, included in the offering memorandum, suggests the potential for up to 46 home sites, based on a lot yield analysis. This plan illustrates potential lot sizes and home footprints similar to those in the adjacent Strathford Meadows development, providing a clear vision for future development. The property is zoned R-1 and is offered at $2,600,000. This is a rare opportunity to capitalize on the strong demand for housing in this thriving community. The conceptual site plan is for discussion purposes only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Longitude
- -76.414
- Latitude
- 40.3226
