Capital West at Summerdale, Enola, PA, 17025

Capital West at Summerdale Enola, PA 17025

Capital West at Summerdale, Enola, PA, 17025
Capital West at Summerdale, Enola, PA, 17025 Capital West at Summerdale, Enola, PA, 17025 Capital West at Summerdale, Enola, PA, 17025 Capital West at Summerdale, Enola, PA, 17025 Capital West at Summerdale, Enola, PA, 17025
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Apr 30, 2024

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Highlights

  • Fully improved lots with utilities on-site
  • +/- 66,000 VPD on Interstate 81 at Exit 65
  • +/- 18,000 VPD on State Route 11/15
  • Commercial Park Limited zoning permits virtually all commercial uses
  • Lots range from approximately 1.00-14.50 Acres
  • Join other national retailers like WaWa
  • 10-Year LERTA Program with Cumberland County to incentivize investment

Description

NAI CIR is pleased to present multiple land parcels at Capital West at Summerdale in PA. This prime location is the only remaining commercial land parcel available on the Harrisburg Capital Beltway along Interstate 81. The site currently consists of 260 luxury apartments, a WaWa Convenience Store (expected to be completed in Spring 2024) and four +/- 1-acre sites and one 14.5 acre site. The 14.5 acre site can be subdivided as small as two (2) acre lots.

The Commercial Park Limited Zoning provides numerous opportunities. Permitted uses included restaurants, retail, banking, assisted living, health clubs, daycare facilities, medical and office use and many more.

Capital West at Summerdale also contains a 10-year LERTA tax program with Cumberland County. Beginning with a 100% tax relief in Year-1 and reducing to 10% in Year-10, Buyers will see significant tax savings with Cumberland County.

Located directly off Interstate 81- exit 65 at Enola/Marysville on State Route 11/15 in East Pennsboro Township, Enola, Pennsylvania.

Lot Size: 20.0 acres


Documents

NAI CIR - 1 Metropolitan Way - SALE

Map of Capital West at Summerdale, Enola, PA, 17025

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.