16 Graybill RdLeacock-Leola-Bareville, PA 17540

Property Details for 16 Graybill Rd

Year built

1940

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

21,194 SF

Zone code

MU

Property type

Retail space

APN

360-22745-0-0000

APU

3602274500000

Description

This exceptional mixed-use investment opportunity presents two freestanding retail buildings totaling over 29,380 square feet situated on a 1.81-acre lot in Leacock-Leola-Bareville, PA. Conveniently located just off Route 23, this property boasts 50 parking spaces and offers significant flexibility with its MU (Mixed Use) zoning in Upper Leacock Township. The buildings, constructed in 1940, provide a combined 10,202 to 19,178 square feet of main-level retail space, with additional square footage available in upper levels and outbuildings. The asking price is $2,050,000, translating to approximately $69.78 per square foot. The property's ample space and versatile zoning permit a wide range of uses, including retail, daycare, and medical/dental/professional offices. The property features a 600-amp, 3-phase electrical service (PPL). The parcel's APN is 360-22745-0-0000, and ownership is fee simple. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $4,808,802

  6.5%

  $4,438,894

  7%

  $4,121,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,095,368

  Geo Method

  $6,978,404

• Alternative Use

  Use

  Valuation

  Residential

  $3,744,373

  Hospitality

  $3,429,826

  Educational

  $2,853,575

  Medical

  $2,951,714

  Retail

  $4,438,894

Location Insight

City

Leola

County

Lancaster

State

Pennsylvania

Latitude

40.0898

Longitude

-76.164

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].