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Property profile & analytics
OFF-MARKET
Hotels

977 Main St Palmyra, PA 17078-1915

15,728 SF 9.93 ac lot Built 1972
Individually Owned Free & Clear
Property ID
US73-3125959
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1972
Total area 15,728 SF
Lot 9.93 ac (432,551 SF)
APN 16-2294119-360192-0000
UPID US73-3125959
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GEORGE J MONTEIRO
GEORGE J MONTEIRO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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