Lancaster Ave Bethel, PA 19507
- Land
- 19.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lancaster Ave
- Lot size
- 19.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bethel
- County
- Berks
- State
- Pennsylvania
- Longitude
- -76.3101
- Latitude
- 40.4869