7490 Allentown BlvdHarrisburg, PA 17112

Property Details for 7490 Allentown Blvd

Year built

1951

Lot size

2.10 AC

Property size (Sq ft)

860 SF

Property type

Hotels

Property subtype

Motels

APN

68-028-036

APU

68028036

Description

This exceptional 2.1-acre commercial land parcel presents a prime opportunity for development in West Hanover Township, Dauphin County. Zoned for Light Industrial Commercial use, this single-tenant site boasts excellent visibility and accessibility. The property enjoys a strategic location with high traffic counts, averaging 13,500 vehicles per day along Allentown Boulevard (Route 22), providing significant exposure for any business. Its proximity to Interstate 81, just three miles west, ensures convenient access to major transportation arteries. Utilities are readily available, featuring a private well for water and public sewer access. Public water is also an option along Allentown Boulevard. This versatile lot is ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The existing zoning allows for a range of light industrial and commercial uses, making it an attractive proposition for developers and businesses seeking a strategic location with high visibility and convenient access to major transportation routes. The substantial lot size provides ample space for development, accommodating a variety of building sizes and configurations. This is a rare opportunity to acquire a well-located, sizable commercial land parcel in a thriving area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $157,740

  6.5%

  $145,606

  7%

  $135,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $184,635

  Geo Method

  $127,141

• Alternative Use

  Use

  Valuation

  Residential

  $158,959

  Hospitality

  $145,606

  Educational

  $121,142

  Medical

  $125,309

  Retail

  $188,444

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.3344

Longitude

-76.7356

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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