0 Hershey Rd Hershey, PA 17033
This exceptional 7.87-acre commercial land parcel presents a unique investment opportunity in the thriving Hershey, Pennsylvania market. Strategically located along busy Route 39, this property boasts 600 feet of frontage, ensuring maximum visibility and accessibility for any commercial venture. Its proximity to Hersheypark, a renowned tourist destination, further enhances its appeal. The property is conveniently situated just five miles from Hersheypark, providing easy access to a large pool of potential customers. The permitted zoning allows for a diverse range of commercial uses, including offices, retail spaces, and restaurants, offering considerable flexibility for development. Public water and sewer services are readily available, simplifying the development process. Furthermore, its advantageous location provides easy access to major transportation arteries, including Interstate 81 and Route 22, facilitating seamless connectivity throughout the region. The zoning designation encompasses both Neighborhood Commercial and R-3 Residential Suburban classifications, opening up a wider range of development possibilities. This expansive tract presents a rare opportunity to establish a thriving business in a high-demand area with excellent visibility and convenient access to key transportation routes. The Dauphin County location and 17033 zip code add to its desirability. This property is priced at $1,500,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.