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Neq Airport Road & S. Forge Road Palmyra, PA 17078
Property Description
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 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 in Derry Township has become more scare 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 strategic East Shore 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.
Area Description
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 of 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 Event 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.
Zoning: CO & R2
County: Lebanon County
Property ID: 864339