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Property profile & analytics
OFF-MARKET
Commercial land

720 Hanover St Carlisle, PA 17013-1592

0.52 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US73-1536680
Property summary
AI-generated overview

This exceptional 1.05-acre commercial land parcel, located at 720 & 724 N. Hanover Street in Carlisle, Pennsylvania, presents a unique investment opportunity. Situated on Route 11/Harrisburg Pike, this high-visibility site boasts excellent frontage and accessibility. The property is zoned for Neighborhood Commercial use, opening doors to a variety of development possibilities. Its strategic location offers close proximity to key institutions, including the Army War College and Penn State Dickinson School of Law, as well as the vibrant downtown Carlisle area. This prime location makes it ideal for businesses seeking high traffic exposure and a strong customer base. Potential uses include financial services, retail establishments, restaurants (including those with drive-thru capabilities), and various service providers. The asking price for this exceptional property is $600,000. The lot size is 1.05 acres, providing ample space for development. The property's address is 720 & 724 N. Hanover Street, Carlisle, PA 17013. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving Pennsylvania community. Don't miss out on this chance to secure a valuable asset in a desirable market.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.52 ac (22,651 SF)
APN 29-20-1800-002
UPID US73-1536680
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
REAL EST COLLABORATIVE LLC
REAL EST COLLABORATIVE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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