1135 Georgetown RdChristiana, PA 17509

Property Details for 1135 Georgetown Rd

Year built

2013

Construction

BRICK

Lot size

13.60 AC

Property size (Sq ft)

16,020 SF

Zone code

VC

Property type

Medical offices

Property subtype

Medical centers

APN

030-80938-0-0000

APU

308093800000

Description

This 2-story, 16,020 square foot medical office building, constructed in 2013, is situated at 1135 Georgetown Rd, Christiana, PA 17509. The property is zoned Village Core and located in Lancaster County. It offers multiple tenancies and features a 2,700 square foot move-in ready medical office suite. This suite includes four exam rooms with potential for expansion to six, a spacious waiting room, reception area, administrative space, physician's office, patient and visitor restrooms, lab space, nurses' station, and a break room. The building benefits from strong co-tenancy with major medical (WellSpan) and non-medical (Univest) entities, providing excellent visibility and a desirable location. The flexible design allows for adaptation to a wide range of medical or professional office uses. This presents a unique opportunity for medical professionals seeking a well-equipped, conveniently located space within a thriving community. The building's modern design and amenities, combined with its strategic location, make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,472,687

  6.5%

  $2,282,480

  7%

  $2,119,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,228,406

  Geo Method

  $2,093,173

• Alternative Use

  Use

  Valuation

  Residential

  $2,830,276

  Hospitality

  $2,592,517

  Educational

  $2,156,944

  Medical

  $2,231,124

  Retail

  $3,355,246

Location Insight

City

Christiana

County

Lancaster

State

Pennsylvania

Latitude

39.939

Longitude

-76.0796

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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