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Property profile & analytics
FOR LEASE
Auto shops

940 E Main St Palmyra, PA 17078

6,760 SF 2.54 ac lot Built 2019
Entity Owned 2-yr Hold Free & Clear
Property ID
US73-4893803
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Total area 6,760 SF
Lot 2.54 ac (110,642 SF)
APN 16-2294036-359124-0000
UPID US73-4893803
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
AI Approach AI
$2.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.37M
Owner & transaction history
Agree Shelf Pa LLC · 2 yrs held
Agree Shelf Pa LLC
since 2023
Last sale
$2.2M
2 recorded transactions
2023
$2.2M
2019
$404,476
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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