Opportunity Zone - Mixed Use Development Opportunity. This infill development opportunity in one of Carlisle’s most connected locations offers 4.48 acres with flexible, UM – Urban Mixed Use zoning, within federal Opportunity Zone. Zoning supports a wide range of permitted uses. Concept plans in show potential for 100+ apartments plus mix of commercial uses. Adjoining 40k sf industrial shell on 0.86 acre also available. Ideally located adjacent to the Carlisle School District complex, less than two blocks from Dickinson College, and within walking distance to Downtown Carlisle’s shops and restaurants, the property benefits from strong local demand drivers and exceptional neighborhood connectivity.
Lot/land
Price cut: $500K (9/14)
$2,100,000
321 Cherry St, Carlisle, PA 17013
--beds
--baths
4.48Acres
Unimproved Land
Built in ----
4.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 130 days
- 103
- 4
Zillow last checked:
Listing updated:
Listed by:
Matt Madden 717-249-1844,
Keller Williams of Central PA 7177614300
Source: Bright MLS,MLS#: PACB2055220
Facts & features
Property
Lot
- Size: 4.48 Acres
Details
- Additional parcels included: Adjoining 0.86 acre parcel with 40,000 sf industrial building also available.
- Parcel number: 05201796001
- Zoning: UM - URBAN MIXED USE
- Special conditions: Standard
Utilities & green energy
- Electric: 3 Phases
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Carlisle
- Municipality: CARLISLE BORO
Financial & listing details
- Tax assessed value: $163,500
- Annual tax amount: $3,854
- Date on market: 6/13/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $2,100,000-19.2% |
Source: | ||
| 6/13/2026 | Listed for sale | $2,600,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 17013
Nearby schools
Schools provided by the listing agent
- High: Carlisle Area
- District: Carlisle Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







