55 Doe Run RdManheim, PA 17545

Property Details for 55 Doe Run Rd

Year built

1947

Construction

BRICK

Lot size

7.20 AC

Property size (Sq ft)

20,955 SF

Zone code

CC

Property type

Office properties

Property subtype

Other office properties

APN

500-63798-0-0000

APU

5006379800000

Description

This exceptional commercial land parcel, located at 55 Doe Run Rd, Manheim, PA 17545, offers an expansive parking area ideal for various commercial uses. The property boasts approximately 293 parking spaces available for lease at a rate of $25 per space per month. Situated in Lancaster County, this strategically located lot enjoys convenient access to White Oak Rd, providing excellent visibility and accessibility. The zoning is designated as Mixed Use, offering flexibility for a range of potential tenants. The property is perfect for businesses requiring ample parking, such as those supporting the nearby Manheim Auto Auction. The substantial parking capacity makes this an attractive option for businesses needing to accommodate a large number of vehicles, or those requiring trailer or auto storage. Tenants are responsible for snow removal. This presents a unique opportunity to secure a significant parking asset in a high-demand location. The property's address is precisely 55 Doe Run Rd, Manheim, Pennsylvania, and its coordinates are 40.17020889505159 latitude and -76.38727398415404 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $3,234,404

  6.5%

  $2,985,604

  7%

  $2,772,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,606,820

  Geo Method

  $1,318,279

• Alternative Use

  Use

  Valuation

  Residential

  $3,702,149

  Hospitality

  $3,391,148

  Educational

  $2,821,396

  Medical

  $2,918,428

  Retail

  $4,388,838

Location Insight

City

Manheim

County

Lancaster

State

Pennsylvania

Latitude

40.1705

Longitude

-76.3861

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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