1221 Main StPalmyra, PA 17078

  • Industrial properties
  • 137,625 SF
For Sale

Property Details for 1221 Main St

Year built
1960
Lot size
45.25 AC
Property size (Sq ft)
137,625 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
16-2295679-360697-0000
APU
1622956793606970000

Description

This exceptional investment opportunity presents a fully leased, 126,924-square-foot industrial portfolio situated on a substantial 45.25-acre lot in Palmyra, Pennsylvania. The property comprises three buildings, boasting 90 loading docks, 75 trailer spaces, and ample car parking (350 spaces). Currently 100% occupied by Philadelphia Mixing Solutions under a single tenancy agreement, this Class B property is zoned for heavy industrial use, offering significant potential for future growth. Its strategic location in central Pennsylvania provides easy access to major highways and is conveniently adjacent to Norfolk Southern Rail lines. The expansive lot size allows for considerable expansion or future development. A noteworthy feature is the availability of a neighboring, heavy industrially zoned parcel, presenting an opportunity for assemblage and enhanced ingress/egress. This prime location, coupled with the existing strong tenancy and substantial infrastructure, makes this a compelling investment prospect. The property's APN is 16-2295679-360697-0000. Further details regarding the adjacent property are available upon request. This offering presents a rare opportunity to acquire a significant industrial asset in a high-demand location.

1221 Main St, Palmyra, Pennsylvania

Location Insight

City
Palmyra
County
Lebanon
State
Pennsylvania
Latitude
40.3177
Longitude
-76.5784
CBSA code
30140
CBSA name
LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$50,668
$1,102,500
$904,600
$2,007,100
-
$1,131,930
$928,747
$2,060,677

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