940 E Main St Palmyra, PA 17078
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.