977 Main St Palmyra, PA 17078-1915
This exceptional 15,728-square-foot property at 977 E Main St, Palmyra, PA, presents a unique investment opportunity. Situated on a 9.93-acre lot (APN #16-2294119-360192-0000), this three-story building boasts 32 units and is zoned for both Heavy Industrial and Highway Commercial uses. Built in 1972, the property offers significant redevelopment potential as a warehouse or flex space, benefiting from its location near a retail corridor and access to public utilities. The existing structure includes managers' quarters, adding to its versatility. The property's size and zoning allow for new construction possibilities, and a rail spur may be feasible. This is an ideal opportunity for investors seeking a multi-use property with substantial redevelopment potential in a prime location. The owner is retiring, presenting a compelling reason for a quick sale. This is a rare chance to acquire a large, versatile property in Lebanon County, Pennsylvania, with significant upside potential. The property's diverse zoning and existing infrastructure make it suitable for a variety of commercial and industrial uses.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.