This exceptional 1.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Palmyra, Pennsylvania. Located on East Main Street (Route 422), this property boasts a highly desirable Highway Commercial zoning designation, opening doors to a wide array of commercial ventures. The strategic location within a bustling retail corridor ensures high visibility and accessibility, surrounded by a concentration of established national retailers including AutoZone, CVS, McDonald's, Mavis Discount Tires, and Sheetz, among others. This prime location guarantees significant foot traffic and convenient access for potential customers. The property's 1.7-acre size offers ample space for development, making it suitable for a variety of commercial uses, from retail establishments to potential access points for neighboring properties. The asking price is $1,600,000. The property's Assessed Parcel Number (APN) is 16-2294437-359734-0000067. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with exceptional potential for success. The property is situated in Lebanon County, Pennsylvania, with a zip code of 17078.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.