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Property profile & analytics

940 Main St Palmyra, PA 17078

  • Auto shops
  • 6,760 SF
  • 2.54 lot acres
For Lease
Last Sale
Nov 08, 2023
$2,235,489
Value Estimations
$2,460,000
Cap Rate Potential
Location Intelligence
Property ID
US73-4893803
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Auto shops

Property Details for 940 Main St

Year built
2019
Lot size
2.54 lot acres
Property size
6,760 SF
Property type
Auto shops
APN
16-2294036-359124-0000
APU
1622940363591240000

Description

This exceptional 0.06-acre pad site, located at 940 E Main Street in Palmyra, Pennsylvania (zip code 17078), presents a remarkable opportunity for retail development. Boasting a Class A designation and a total of 2,500 square feet of vacant space, this single-tenant property offers significant potential. The site features 58 parking spaces and enjoys exceptional visibility along East Main Street (Route 422), a major thoroughfare. The entire parcel boasts 300 feet of frontage, ensuring high traffic exposure. Surrounded by established national retailers including McDonald's, Sheetz, Weis Markets, CVS, and Klick Lewis Chevrolet, this location benefits from strong existing commercial activity and high consumer traffic. The property is zoned Highway Commercial, allowing for a wide range of uses, including but not limited to: animal hospitals, ice cream shops, churches, commercial day-care facilities, dry cleaners, health clubs, medical/dental/optical and counseling clinics or offices, personal services, microbreweries, and various retail sales establishments. The site is approved for a building of approximately 2,487 square feet. The Lebanon County APN is 16-2294036-359124-0000. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,460,000
    ML approach
    $2,520,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Palmyra
County
Lebanon
State
Pennsylvania
Longitude
-76.5826
Latitude
40.3133
CBSA code
30140
CBSA name
LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$34,948
$708,000
$676,400
$1,384,400
-
$726,899
$694,455
$1,421,354
More about this property
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