835 Houston Run DrGap, PA 17527

Property Details for 835 Houston Run Dr

Year built

2009

Construction

FRAME

Lot size

1.04 AC

Property size (Sq ft)

54,305 SF

Zone code

I

Property type

Office properties

Property subtype

Other office properties

APN

560-79479-0-0000

APU

5607947900000

Description

This exceptional office space, situated on a 1.04-acre lot within the highly sought-after Houston Run Industrial Park in Gap, Pennsylvania, presents a unique opportunity for businesses seeking a prestigious and convenient location. The property boasts a modern design, creating a professional and inviting atmosphere ideal for a variety of office or retail uses. Its strategic placement within the industrial park offers immediate access to a thriving business community, fostering collaboration and networking opportunities. The proximity to the popular Houston CafГ© adds to the convenience and appeal of this location, providing employees and clients with nearby amenities. This property is perfectly positioned to capitalize on the high demand for commercial space in this area, offering excellent visibility and accessibility for clients and employees alike. The ample space and modern design provide a flexible environment adaptable to various business needs. This is an exceptional chance to establish or relocate your business in a vibrant and well-connected location, surrounded by successful enterprises. The property's location within the Houston Run Industrial Park ensures easy access to major transportation routes, streamlining logistics and enhancing overall operational efficiency. Don't miss this opportunity to secure a prime location for your business's future growth and success. The property is available for lease and offers a compelling combination of modern amenities, convenient location, and a thriving business environment.

• CAP approach

  CAP return

  Valuation

  6%

  $8,381,977

  6.5%

  $7,737,210

  7%

  $7,184,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,164,082

  Geo Method

  $7,095,492

• Alternative Use

  Use

  Valuation

  Residential

  $9,594,140

  Hospitality

  $8,788,180

  Educational

  $7,311,663

  Medical

  $7,563,122

  Retail

  $11,373,698

Location Insight

City

Gap

County

Lancaster

State

Pennsylvania

Latitude

39.9871

Longitude

-76.0389

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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