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Property profile & analytics
OFF-MARKET
Commercial real estate

5791 Lincoln Hwy Parkesburg, PA 19365

5.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.99-acre commercial lot in Parkesburg, PA, presents a unique investment opportunity. Situated on Route 30, between Lancaster and King of Prussia, this high-visibility site boasts over 32,000 daily vehicle pass-bys, ensuring maximum exposure for any business. Zoned Community Service, it allows for a wide range of commercial uses, including contractor establishments, banks, retail centers, gyms, restaurants, medical centers, and offices. Penndot approvals for Route 30 access are in place, requiring only minor improvements. Township approvals for general site improvements are also secured, streamlining the development process. The 60% lot coverage allows for over 156,000 square feet of impervious surface. The property benefits from its proximity to numerous national companies like Walmart, Home Depot, CVS, Wawa, and Penn Medicine, as well as Piasecki's R&D facility and Chester County Airport. This offering presents a significantly lower price point compared to nearby Houston Run industrial park properties while still providing coveted Route 30 frontage. The seller, who is developing an adjacent lot, has completed the land development process, anticipating groundbreaking in Summer 2024. Zoning ordinances are available in the listing documents

Property profile
Verified
Property type Commercial real estate
Lot 5.99 ac (260,924 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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