4607 Division HwyEast Earl, PA 17519

Property Details for 4607 Division Hwy

Year built

1954

Construction

FRAME

Lot size

0.65 AC

Property size (Sq ft)

4,890 SF

Zone code

IV

Property type

Healthcare properties

Property subtype

Medical offices

APN

200-06074-0-0000

APU

2000607400000

Description

This exceptional freestanding retail property at 4607 Division Highway in East Earl, Lancaster County, offers 4,000 square feet of versatile space, ideal for a variety of uses including medical, dental, office, or retail. Built in 1954 and renovated in 1970, the single-tenant building sits on a 6.5-acre lot (APN: 200-06074-0-0000) and boasts a turnkey interior, perfect for immediate occupancy. The property's strategic location along Route 322 (approx. 10,000 cars per day) and proximity to Route 23 (approx. 12,000 cars per day) ensures high visibility and accessibility. Benefiting from a strong residential presence and proximity to major traffic generators such as Shady Maple Smorgasbord, Shady Maple Farm Market, and Goods Market, this property presents a significant opportunity. A unique feature is the inclusion of three fully leased residential apartments, adding to the investment potential for an owner-operator. This presents a compelling opportunity to establish a business in a thriving East Earl market.

• CAP approach

  CAP return

  Valuation

  6%

  $754,772

  6.5%

  $696,712

  7%

  $646,947

• Comparable approach

  Method

  Valuation

  Relative Method

  $374,963

  Geo Method

  $638,927

• Alternative Use

  Use

  Valuation

  Residential

  $863,923

  Hospitality

  $791,349

  Educational

  $658,393

  Medical

  $681,036

  Retail

  $1,024,167

Location Insight

City

East Earl

County

Lancaster

State

Pennsylvania

Latitude

40.1144

Longitude

-76.0353

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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