0 Palace Dr Gettysburg, PA 17325
This exceptional 5.92-acre commercial land parcel presents a remarkable development opportunity in Gettysburg, Pennsylvania. Located on Palace Drive, with APN 09-F11-0141-000, the property is zoned for mixed-use development, offering a wide range of possibilities. The asking price is $680,800, translating to $115,000 per acre. Its prime location, just 2.5 miles from Gettysburg's vibrant downtown area and less than 15 miles from the Pennsylvania/Maryland border, provides unparalleled access to a thriving tourist destination attracting over 1.5 million visitors annually. The strong demographics within a 2.5-mile radius support a variety of retail and business ventures. Permitted uses under the mixed-use zoning include, but are not limited to, multi-family dwellings, bed and breakfasts, hotels, motels, inns, nursery schools, and daycare centers. This versatile property offers significant potential for investors seeking a high-return development project in a historically rich and conveniently located area of Cumberland County. The property's size and zoning flexibility make it an ideal canvas for a diverse range of commercial and residential projects, capitalizing on the area's robust tourism and strong local economy. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location with significant upside potential. The zip code is 17325.
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
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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.