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Property profile & analytics
OFF-MARKET
Land

0 Lancaster Ave Bethel, PA 19507

19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19-acre commercial land parcel presents a unique development opportunity in Bethel Township, Berks County, Pennsylvania. Located on Lancaster Avenue (Rt 501), this gently sloping property boasts approximately 211 feet of frontage, offering excellent visibility and accessibility. Zoned Village District, the land allows for a diverse range of uses, including single-family detached and semi-detached housing, restaurants, convenience stores, and other retail establishments. Public sewer is readily available, and with public water approval, high-density housing becomes a viable option. The strategic location along the I-78 corridor, between Allentown and Harrisburg, provides easy access to a thriving industrial area experiencing significant growth. This area currently faces a housing shortage for the expanding workforce, making this property particularly attractive for residential development. While currently raw land, requiring municipal approvals for development, the owners are open to negotiating an agreement contingent upon securing these approvals. This prime location, combined with its versatile zoning and proximity to major transportation routes, makes this a compelling investment opportunity. The property offers a blend of residential and commercial potential, catering to the growing needs of the region. All interested parties should be prepared to navigate the necessary municipal approval processes.

Property profile
Verified
Property type Land
Lot 19 ac (827,640 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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