Thank you
Bill Bering Jr.
Bering Real Estate Co.
717-641-3729
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.
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Water Source : Public
Sewer: Public Sewer
Lot Size: 823,284
Lot Size (Acres): 18.90
Main Square Feet: 823,284
Total Lot SQ ft: 823,284
Total Acreage: 18.90
Possession: Settlement
Days Of Market: 214
Annual Tax: $0
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $0
Direction: Follow S. Forge Road towards In the Net sports complex. All properties border both S. Forge Road and Airport Road.
School District: PALMYRA AREA
Water Source: Public
Sewer: Public Sewer
Direction: Follow S. Forge Road towards In the Net sports complex. All properties border both S. Forge Road and Airport Road.
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 |
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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.