- Lot #3 Paradise Ln Paradise, PA 17562
This exceptional 4.5-acre parcel, Lot #3, presents a unique commercial development opportunity in the heart of Lancaster County's Amish Country. Situated on Paradise Lane, this property boasts convenient road frontage and a Township-approved access permit. Its strategic location places it adjacent to the Toy Train Collectors Association, offering unparalleled visibility and proximity to a thriving tourist destination. The larger 23-acre tract, encompassing three proposed parcels, allows for flexibility in development, with subdivision options available down to a minimum of 2 acres per parcel to suit individual buyer needs. The zoning is consistent with commercial uses, making it ideal for a variety of ventures, including shops, restaurants, hotels, or other commercial establishments. The area is renowned for its rich history and abundant tourist attractions, including the National Toy Train Museum, Strasburg Railroad, and numerous Amish-themed attractions all within a 5-mile radius. This presents a compelling investment opportunity in a high-traffic, high-demand location. The listed price reflects $200,000 per acre for this specific 4.5-acre parcel. Adjacent parcels are also available, with pricing varying based on acreage and location. This is a rare chance to acquire land in a highly sought-after area with significant potential for growth and return. The property benefits from its proximity to the established villages of Historic Strasburg, Bird-in-Hand, and Intercourse, further enhancing its commercial viability.
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
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.