Property Attributes
- MLS#PALN2010086
- TypeLand
- CountyLEBANON
- CityPalmyra
- AreaNorth Londonderry Twp
- Zip17078
- StyleMixed
- Price$ 1,775,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size18.9 Acres
Data Source:
Bright MLS
Property Description
A Phase I environmental study has been completed and the results came back clean. 18.9 acre mixed use project available for sale in the Heart of the Hershey/Palmyra commercial corridor. This multi-parcel development is situated only 1 mile from the Derry Township line and is one of the few properties of its kind available in this highly sought after region near Hershey. Located partially in South Londonderry Township and North Londonderry Township. Current zoning permits a variety of commercial, retail and residential uses. With the sports complex In The Net located just across the street this could be a perfect expansion opportunity to feed off the thousands who frequent that complex in a given year. The area has become a heaven for sports related operators, others include Paramount Sports Complex, Prevail Volleyball Club, Crossfit of Hershey, Klick Lewis Arena (Palmyra Black Knights Hockey), Frozen Ropes Baseball and Softball training and GCH Training Academy. The residential, commercial and industrial markets in the region have exploded in recent years as land around Derry Township has become more scarce and more affordable options have become sought after in recent years. Cooperation with both Townships will be paramount in the development of the project. The 14.9 acre South Londonderry portion of the project is currently zoned Commercial Office (C-O) and allows for hotels, restaurants, banks, retail, assisted living, and office including medical, daycare and a variety of other uses which would compliment this address and surrounding area. The 4 acre North Londonderry portion of the project is currently zoned (R-2) Medium Density Residential and allows for single family detached dwellings, churches and medical office. The site is comprised of three (3) houses and a pole barn and currently receives approximately $5,500 per month in income. 35 EDU's transfer with this property. With nearly 1 million sq. ft. of Hospital and Medical facilities just a couple miles west in Hershey and millions of tourists visiting Hershey Park, Hersheys Chocolate World, The Giant Center, Zoo America, The Hotel Hershey, and the Hershey Lodge; this is an excellent opportunity to feed off the tremendous growth and development this corridor has enjoyed over the past several years. Hershey is home to some of the biggest events in the nation. Its RV and Antique Auto Show are the largest in the United States and when coupled with the Pennsylvania State Farm Show and others such as the Carlisle Auto Show and Outdoor Show to name a few this region is primed for continued expansion and the Hershey/Palmyra corridor is at the forefront of this anticipated growth.
Price History | |
---|---|
5/24/2023 | Listed $1,775,000 |
General Features
Sewer | Public Sewer |
---|---|
Possession | Settlement |
Zoning | C-O AND R-2 |
Property SubType | Land |
Tax Year | 2023 |
Current Use | Mixed |
Percent Ownership | Fee Simple |
County | LEBANON |
Property Type | Land |
HOA / Comm Assn | No |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Follow S. Forge Road towards In the Net sports complex. All properties border both S. Forge Road and Airport Road. |
ModificationTimestamp | 2023-12-22T07:29:41 |
City | PALMYRA |
Buyer Agent Compensation | 2 |
Zoning Description | Located partially in S. & N. Londonderry Twp. Zoning permits a variety of commercial,retail and residential uses. 35 EDU's. |
MLS Area | North Londonderry Twp (13228) |
Lot Size Square Feet | 823284.00 |
Tax Assessed Value | 0.0 |
Waterfront Y/N | No |
Street Name | AIRPORT ROAD AND SOUTH FORGE ROAD |
Tax Annual Amount | 0.0 |
Price Per Sq Ft | 2.16 |
Additional Parcels Y/N | Yes |
Vacation Rental Y/N | No |
Days on Market | 344 |
Standard Status | Active |
Buyer Agent Compensation Type | % Of Gross |
Exterior Features
Lot Features | Backs to Trees,Irregular,Level,Partly Wooded,Trees/Wooded |
---|---|
Water Source | Public |
Water View Y/N | No |
Lot Size Acres | 18.90 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool