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Asper Dr & Chestnut - 11.97 AC Ideal for Mixed-Use Development 11.97 Acres of Commercial Land Offered at $1,496,250 in Shippensburg, PA 17257



INVESTMENT HIGHLIGHTS
- 11.97 AC of unimproved land near existing retail and residential
- Strategic location near upcoming road improvements for improved traffic flow
- Ideal for multifamily and commercial development
- Enjoys Borough and Township benefits: water/sewer; state police/fire; lower taxes
EXECUTIVE SUMMARY
Explore the potential of this prime property located in Shippensburg, ranked 15th out of 1,722 PA cities and towns by BestPlaces.net. The 11.97 AC parcel offers a unique opportunity for multifamily and commercial development. The gently rolling site is ready for development and will benefit from the planned Dykeman Road Extension that will bring additional traffic to Baltimore Rd. The site is nestled between commercial and residential development, and provides an investment opportunity with great financial potential in a growing community.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,496,250 | Lot Size | 11.97 AC |
| Price Per AC | $125,000.00 |
| Price | $1,496,250 |
| Price Per AC | $125,000.00 |
| Lot Size | 11.97 AC |
11.97 AC parcel offers a unique opportunity for multifamily and commercial development in an area poised for growth due to approved road improvements.
DESCRIPTION
Situated within close proximity to Route 11 and Interstate 81, and along the busy I-81 corridor connecting Chambersburg, Carlisle, Harrisburg, and Hagerstown, MD, this prime location offers an opportunity for multifamily or commercial development. The surrounding area boasts a thriving mix of commercial and residential developments, fostering a growing consumer base. Nearby points of interest include Shippensburg Township Park, the new Parx Casino, Shippensburg University, H. Ric Luhrs Performing Arts Center, and vibrant retail centers, creating an attractive destination for future tenants or customers. Explore the potential of this prime property located in Shippensburg, ranked 15th out of 1,722 PA cities and towns by BestPlaces.net. The 11.97 AC parcel offers a unique opportunity for multifamily and commercial development. The gently rolling site includes a possible right-of-way for an I-81 connector giving greater access and visibility to the area and its business and services, and improved traffic flow to ease street congestion. The site is nestled between commercial and residential development, and provides an investment opportunity with great financial potential in a growing community.
PROPERTY TAXES
| Parcel Number | 36-35-2385-125 | Improvements Assessment | $0 |
| Land Assessment | $342,700 | Total Assessment | $342,700 |
PROPERTY TAXES
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Asper Dr & Chestnut - 11.97 AC Ideal for Mixed-Use Development
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