Airport Road And South Forge Road, PALMYRA, PA

$1,775,000

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18.90

Acres

About Airport Road And South Forge Road

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.

Features of Airport Road And South Forge Road

MLS® # PALN2010086
Price $1,775,000
Bathrooms 0.00
Acres 18.90
Type Land
Sub-Type Land
Status Active

Community Information

Address Airport Road And South Forge Road
Area North Londonderry Twp (13228)
City PALMYRA
County LEBANON-PA
State PA
Municipality NORTH LONDONDERRY TWP
Zip Code 17078

Amenities

Is Waterfront No

Interior

Has Basement No
Fireplace No

Exterior

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

School Information

District PALMYRA AREA

Additional Information

Date Listed May 23rd, 2023
Days on Market 505
Zoning C-O AND R-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBering Real Estate Co.
Contact Info(717) 641-3729

Listing Map

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