Residential Development Opportunity
Wilhelm Ave./S. Lincoln Ave. Lebanon, PA 17042
Sale Price: $3,685,000
Parcel Size: 35.1 +/- Acres
School District: Cornwall-Lebanon
Municipality: South Lebanon Township
TRUE Commercial is pleased to offer this residential development opportunity located in South Lebanon Township and Cornwall-Lebanon School District. At 35.1 acres, the site offers the builder/developer to expand existing residential development in this highly desirable market area of Lebanon County. Favorable demographics, reputable schools, parks and convenient access to health care and nearby amenities foster new housing construction and growth.
Property is directly adjacent to Strathford Meadows, where construction continues in a growing residential development featuring newly-constructed and attractive 1 and 2-story homes with both front and side-load garages, and sidewalks. Property also borders a section of the Lebanon Valley Rails to Trails.
The area is served by gas, electric and public water and sewer.
Conceptual site plan included in Offering Memorandum for discussion purposes only. It is based on a conceptual lot yield analysis obtained by the Seller for up to 46 home sites and, in part, portrays access connections to, and a continuation of lot sizes and similar home footprints to those found in the adjacent Strathford Meadows residential development.
35.1 +/- Acres of Land Available with a Proposed Residential Development Opportunity.
New Home Sales Market Data Included.
Darin R. Wolfe