501 Alexander DrEphrata, PA 17522

  • Industrial properties
  • 62,464 SF
For Lease
$7.25/SF/YR View listing

Property Details for 501 Alexander Dr

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
7.80 AC
Property size (Sq ft)
62,464 SF
Zone code
I
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
270-58837-0-0000
APU
2705883700000

Description

This exceptional 90,000-square-foot industrial property at 501 Alexander Drive offers flexible space ideal for manufacturing, flex, warehouse, or distribution operations. Currently fully vacant, the space is divisible to a minimum of 45,000 square feet, providing options for various business needs. Recently renovated in 2025, the building boasts a generous 18-foot ceiling height, two 8x10 loading docks, and ample parking. The property is zoned for industrial use and features a robust infrastructure including public sewer, a well water system with a 500,000-gallon daily capacity, a fully sprinklered system, an on-site pump room, a water reserve tank, and a backup generator, ensuring reliable operations. Conveniently located on Route 272 with easy access to Route 222 and the Pennsylvania Turnpike, this location offers excellent transportation links. The space will be 100% climate-controlled, including allowance for a small office and restrooms. Tenants will pay a pro-rata share of common area maintenance (CAM) charges at a rate of $0.94 per square foot. This is a rare opportunity to secure a high-quality, well-maintained industrial space in a prime location. Contact us today to learn more about this exceptional property and schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,035,601
    Hospitality
    $10,108,552
    Educational
    $8,410,196
    Medical
    $8,699,436
    Retail
    $13,082,527
501 Alexander Dr, Ephrata, Pennsylvania

Location Insight

City
Ephrata
County
Lancaster
State
Pennsylvania
Latitude
40.2001
Longitude
-76.1672
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
$35,330
$377,400
$1,158,600
$1,536,000
-
$377,400
$1,158,600
$1,536,000

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