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Property profile & analytics
OFF-MARKET
Hotels

7490 Allentown Blvd Harrisburg, PA 17112-3608

860 SF 2.1 ac lot Built 1951
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US73-5788878
Property summary
AI-generated overview

This exceptional 2.1-acre commercial land parcel presents a prime opportunity for development in West Hanover Township, Dauphin County. Zoned for Light Industrial Commercial use, this single-tenant site boasts excellent visibility and accessibility. The property enjoys a strategic location with high traffic counts, averaging 13,500 vehicles per day along Allentown Boulevard (Route 22), providing significant exposure for any business. Its proximity to Interstate 81, just three miles west, ensures convenient access to major transportation arteries. Utilities are readily available, featuring a private well for water and public sewer access. Public water is also an option along Allentown Boulevard. This versatile lot is ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The existing zoning allows for a range of light industrial and commercial uses, making it an attractive proposition for developers and businesses seeking a strategic location with high visibility and convenient access to major transportation routes. The substantial lot size provides ample space for development, accommodating a variety of building sizes and configurations. This is a rare opportunity to acquire a well-located, sizable commercial land parcel in a thriving area. Serious inquiries are encouraged.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1951
Total area 860 SF
Lot 2.1 ac (91,476 SF)
APN 68-028-036
UPID US73-5788878
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
Current use
Occupant on record · Public records
  • Greenlawn Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Greenlawn Motel INC · 23 yrs held
Greenlawn Motel INC
since 2003
4 recorded transactions
2003
$415,100
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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