673 Jonestown RdJonestown, PA 17038

Property Details for 673 Jonestown Rd

Year built

1970

Lot size

5.00 AC

Property size (Sq ft)

3,584 SF

Property type

Retail properties

Property subtype

Auto shops

APN

33-2311778-394160-0000

APU

3323117783941600000

Description

This exceptional turn-key business opportunity encompasses a well-established auto sales, salvage, and used parts operation in Jonestown, PA, spanning over 50 years. The property includes a substantial 5+ acre lot, featuring a secure, fenced, and organized salvage yard containing over 500 late-model vehicles. Thousands of inventoried parts, meticulously cataloged and listed online, are stored efficiently, with clean parts housed in box trailers. Two buildings are included: a 40 x 70 warehouse used for parts storage and repair, and an office building housing the auto sales area and parts counter. The business also serves local customers with a thriving counter parts business. The front lot is dedicated to vehicle sales, both on-site and online. Benefiting from the proximity to three large auto auctions within a 5-mile radius, consistent inventory replenishment is readily available. The sale includes the business, license (covering auto sales, dismantling, salvage, and recycling), real estate, existing inventory, equipment, and an additional 33 x 175 foot lot on Jonestown Road. Annual property taxes are $4,188. This is a rare opportunity to acquire a long-standing, profitable business with significant assets and established clientele. The total square footage of the buildings is 3,580 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $813,190

  6.5%

  $750,637

  7%

  $697,020

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,545

  Geo Method

  $568,183

• Alternative Use

  Use

  Valuation

  Residential

  $633,190

  Hospitality

  $579,999

  Educational

  $482,552

  Medical

  $499,148

  Retail

  $750,637

Location Insight

City

Jonestown

County

Lebanon

State

Pennsylvania

Latitude

40.4092

Longitude

-76.5173

CBSA code

30140

CBSA name

LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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