1135 Georgetown RdChristiana, PA 17509

  • Healthcare properties
  • 16,020 SF
For Lease

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1135 Georgetown Rd, Christiana, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,981
$380,800
$2,213,700
$2,594,500
-
$380,800
$2,213,700
$2,594,500

FAQs

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