
For Sale
Residential Development Opportunity
Wilhelm Ave./S. Lincoln Ave. Lebanon, PA 17042
Lebanon County
Property Information
Parcel Size: 35.1 +/- acres
Sale Price: $2,950,000
School District: Cornwall-Lebanon
Municipality: South Lebanon Township
Topography: Flat/Sloping
Property Highlights
35.1 +/- Acres of Land Available with a Proposed Residential Development Opportunity.
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Brokers
Darin R. Wolfe
Property Description
TRUE Commercial is pleased to market this residential development opportunity located in South Lebanon Township and Cornwall- Lebanon School District. At 35.1 acres, the site offers a continuation of existing luxury residential development in this highly desirable market area of Lebanon County. Favorable demographics, reputable schools and parks, as well as convenient access to nearby health care providers including Wellspan Health, Penn Medicine, UPMC-Pinnacle, and the top-ranked Lebanon VA Hospital provide additional quality of life amenities which foster continued new housing construction and growth.
Property is zoned R-1 (Low Density Residential) and is directly adjacent to the recently-completed Strathford Meadows residential development by Garman Homes, featuring attractive 1 and 2-story homes with both front and side-load garages and sidewalks. Bordering the Property to the West is a section of the Lebanon Valley Rails to Trails. The area is served by gas, electric and public water and sewer.
The conceptual site of 46 home sites included in this Offering Memorandum has been prepared by Chrisland Engineering at Seller’s request and for discussion purposes only. It is based on a conceptual lot yield study, incorporating municipality input and discussion, FEMA flood plain and SWM analyses and PA DEP inquiry and feedback. Additional details and discussion regarding engineer’s scope of analyses are available upon request. The concept assumes access connections to, and a continuation of lot sizes and similar home footprints to those consistent with the R-1 Zoning (Low Density Residential) found in the adjacent Strathford Meadows residential development.
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