1695 Lincoln WayChambersburg, PA 17202

Property Details for 1695 Lincoln Way

Lot size

14.37 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

10-D5-4A

APU

10D54A

Description

This exceptional 1.5-acre commercial land parcel presents a prime opportunity for businesses seeking high visibility and excellent accessibility. Located within the thriving Chambersburg Plaza, this property boasts unparalleled exposure on Route 30, a major thoroughfare ensuring significant traffic flow and brand recognition. The lot's strategic placement directly across from a Lowe's home improvement store guarantees a substantial customer base and high foot traffic. Further enhancing its appeal, the property shares a traffic light with a Super Walmart, maximizing visibility and ease of access for potential customers. This single-tenancy land parcel offers a blank canvas for development, ideal for a variety of commercial ventures seeking a prominent location in a busy retail center. The property is situated in Franklin County, providing access to a strong local economy and a diverse consumer market. This is an exceptional opportunity to establish a thriving business in a high-traffic, highly visible location. The 1.5-acre lot size provides ample space for development, allowing for flexibility in design and functionality. Don't miss this chance to secure a prime commercial location in a well-established retail center. The property's strategic placement and high visibility make it an ideal investment for businesses seeking to maximize their market reach and brand awareness.

• CAP approach

  CAP return

  Valuation

  6%

  $133,551,952

  6.5%

  $123,278,720

  7%

  $114,473,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $63,933,456

  Geo Method

  $125,153,840

• Alternative Use

  Use

  Valuation

  Residential

  $152,865,616

  Hospitality

  $140,024,080

  Educational

  $116,498,392

  Medical

  $120,504,952

  Retail

  $181,219,728

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.925

Longitude

-77.6083

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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