0 Paradise Ln Paradise, PA 17562
This exceptional 23-acre commercial land parcel in Lancaster County, Pennsylvania, presents a unique investment opportunity. Zoned Railroad Heritage, the property is comprised of three proposed parcels (approximately 10, 8, and 5 acres), with additional parcel and subdivision options available. Parcel #1 (approx. 10 acres) is adjacent to the Strasburg Railroad and Red Caboose Lodge, boasting a Township-approved driveway permit. Parcel #2 (approx. 8 acres) sits next to the Toy Train Collectors Association, also with a Township access permit. Parcel #3 (approx. 5 acres) is adjacent to the Toy Train Collectors Association and features road frontage on Paradise Lane, complete with a Township-approved access permit. Individual parcel pricing varies: $175,000 per acre for Parcel #1, $150,000 per acre for Parcel #2, and $200,000 per acre for Parcel #3. The property's central Lancaster County location places it within easy reach of numerous popular tourist attractions, including the National Toy Train Museum, Strasburg Railroad, Railroad Museum of PA, Cherry Crest Farm, Sight & Sound Theatres, Choo Choo Barn, Amish Village, Amish Farm & House, Dutch Wonderland, and the villages of Strasburg and Intercourse, all within a 5-mile radius. This prime location offers significant potential for various commercial ventures. The asking price for the entire 23-acre parcel is $175,000.
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
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.