780 Route 41Gap, PA 17527

Property Details for 780 Route 41

Year built

1959

Construction

FRAME

Lot size

3.60 AC

Property size (Sq ft)

5,827 SF

Zone code

GC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

560-74997-0-0000

APU

5607499700000

Description

This exceptional 5,827 square foot commercial property, situated on a 3.6-acre lot at 780 Route 41 in Gap, Pennsylvania, presents a remarkable redevelopment opportunity. The property boasts a highly desirable C-3 zoning classification, allowing for a wide range of commercial uses, including the possibility of a drive-thru facility. Its strategic location at the signalized intersection of Route 41 and Route 30 ensures high visibility and significant traffic volume, further enhanced by its proximity to established national retailers. This translates to excellent potential for attracting customers and maximizing business exposure. The property is conveniently served by public sewer, eliminating the need for costly septic system installation or maintenance. Multiple curb cuts provide ample access points, facilitating convenient ingress and egress for both customers and deliveries. The expansive lot size offers considerable flexibility for future development and expansion plans. This prime commercial property is ready for an investor or developer to transform it into a thriving business venture. The combination of location, zoning, and infrastructure makes this a truly unique opportunity in the Gap, PA market. Don't miss out on this chance to capitalize on a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,322,114

  6.5%

  $1,220,413

  7%

  $1,133,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,125,965

  Geo Method

  $1,918,617

• Alternative Use

  Use

  Valuation

  Residential

  $1,029,464

  Hospitality

  $942,984

  Educational

  $784,551

  Medical

  $811,533

  Retail

  $1,220,413

Location Insight

City

Gap

County

Lancaster

State

Pennsylvania

Latitude

39.9912

Longitude

-76.0216

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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