Palmyra, PA 17078,AIRPORT ROAD AND SOUTH FORGE ROAD
Palmyra, PA 17078,AIRPORT ROAD AND SOUTH FORGE ROAD
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$ 1,775,000
Est. payment | /mo

18.9 Acres Lot


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$ 1,775,000
Est. payment | /mo
Save

18.9 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALN2010086

HOA Y/N N

Originating Board BRIGHT

Tax Year 2023

Lot Size 18.900 Acres

Acres 18.9

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, 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.

Location

State PA

County Lebanon

Area North Londonderry Twp (13228)

Zoning C-O AND R-2

Exterior

Waterfront N

Water Access N

Garage N

Building

Lot Description Backs to Trees, Irregular, Level, Partly Wooded, Trees/Wooded

Sewer Public Sewer

Water Public

Schools

School District Palmyra Area

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Bill Bering Jr. • Bering Real Estate Co.
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AIRPORT ROAD AND SOUTH FORGE ROAD