• Airport Road And South Forge Road PALMYRA, PA 17078

  • $1,775,000
  • 823,284
    Sq Ft
  • 823284
    Sqft

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, Hershey’s 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. It’s 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.

Property Type :

Land

County :

LEBANON

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 823,284

Lot Size (Acres): 18.90

Main Square Feet: 823,284

Property Information

Total Lot SQ ft: 823,284

Total Acreage: 18.90

Listing Information

Possession: Settlement

Days Of Market: 214

Tax Information

Annual Tax: $0

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $0

Homeowners Association Information

Direction: Follow S. Forge Road towards In the Net sports complex. All properties border both S. Forge Road and Airport Road.

School Information

School District: PALMYRA AREA

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: Follow S. Forge Road towards In the Net sports complex. All properties border both S. Forge Road and Airport Road.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
148 Hummingbird Way , Palmyra, PA,17078 $1,525,000 4 3.5 -- 81457.2 Sqft
75 Cortland Crossing , Palmyra, PA,17078 $369,175 3 2.5 -- 4356 Sqft
77 Cortland Crossing , Palmyra, PA,17078 $362,175 3 2.5 -- 3049.2 Sqft
79 Cortland Crossing , Palmyra, PA,17078 $362,175 3 2.5 -- 3049.2 Sqft
81 Cortland Crossing , Palmyra, PA,17078 $362,175 3 2.5 -- 3049.2 Sqft
754 N Railroad Street , Palmyra, PA,17078 $270,000 -- -- -- 13068 Sqft
LOT 6 Mockingbird , Palmyra, PA,17078 $164,900 -- -- 46,609 46609.2 Sqft
LOT 14 Mockingbird Lane , Palmyra, PA,17078 $204,900 -- -- 49,223 49222.8 Sqft
LOT 25 Hummingbird Way , Palmyra, PA,17078 $199,900 -- -- 46,609 46609.2 Sqft
1876 Creek View Drive , Palmyra, PA,17078 $629,000 6 3.5 -- 12197 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 13:32

MLS: PALN2010086
LISTED BY: Bill Bering Jr. , Bering Real Estate Co.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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