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768 Centerville Rd 4.53 Acres of Commercial Land Offered at $1,315,275 CAD in Newville, PA 17241

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INVESTMENT HIGHLIGHTS

  • 4.53 Acres Approved – Fully entitled for self-storage development.
  • 308 Total Units – Across 14 buildings for maximum efficiency.
  • Strong Market Fundamentals – Growing population and high household income.
  • Ready-to-Build – Recorded plan with all approvals secured.
  • Prime Location – High visibility near I-81 with 8,800 cars/day.

EXECUTIVE SUMMARY

The plan has been recorded, approvals are in place, and the project is ready to build. With a projected NOI of $194,000, this property offers an excellent investment opportunity in a high-growth market.

PROPERTY FACTS

Price $1,315,275 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Self Storage
Total Lot Size 4.53 AC
Zoning C - Commercial

1 LOT AVAILABLE

Lot

Price $1,315,275 CAD
Price Per AC $290,347.69 CAD
Lot Size 4.53 AC

4.53-acre approved self-storage site near I-81 Exit 37 in Newville. Fully recorded plan for 308 units across 14 buildings. Level, open lot with shared driveway and high visibility (8,800 cars/day). Ready to build in fast-growing Cumberland County.

DESCRIPTION

Approved self-storage development site located just off I-81 Exit 37 in Newville, with visibility to 8,800 cars per day. This 4.53-acre parcel is fully approved and recorded for a 308-unit self-storage facility, designed for operational efficiency. The plan includes 14 buildings with 196 (10x10) units and 112 (5x10) units, requiring no sewer or water facilities and sharing a driveway with the adjoining parcel. The land is level and open, ready for immediate construction. Situated in the Carlisle/Newville/Shippensburg area—part of Cumberland County, the fastest-growing county in Pennsylvania—this location benefits from strong demographics, including an average household income of $110,000 per year.

  • Listing ID: 37877735

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 768 Centerville Rd, Newville, PA 17241

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