1368 Harrisburg PikeLancaster, PA 17601

Property Details for 1368 Harrisburg Pike

Year built

1987

Construction

STEEL FRAME

Property size (Sq ft)

2,934 SF

Zone code

B-3

Property type

Office properties

APN

390-95183-1-1368

APU

3909518311368

Description

This exceptional commercial office space at 1368 Harrisburg Pike in Lancaster, PA's Northwest Business Park offers unparalleled visibility and accessibility. Situated in a B-3 zoned area, the property benefits from exposure to over 18,000 vehicles daily, ensuring significant brand awareness. Ample parking is available in a shared lot, providing convenient access for clients and employees. The interior boasts an open layout design flooded with natural light thanks to large floor-to-ceiling windows overlooking Harrisburg Pike. A private office is included, offering the potential for expansion to accommodate additional offices as needed. Further enhancing the space's functionality are a dedicated break room and a convenient kitchenette. The monthly base rent is $3,174.50, with real estate taxes adding $620.99 per month and common area maintenance (CAM) charges of $884.21 per month. The total monthly cost is $4,679.70. This versatile space is perfectly suited for a wide range of businesses, including professional offices, wellness centers, and quasi-medical practices. Its prime location and attractive features make it an exceptional opportunity for businesses seeking a high-impact presence in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $452,863

  6.5%

  $418,027

  7%

  $388,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $224,978

  Geo Method

  $184,578

• Alternative Use

  Use

  Valuation

  Residential

  $518,354

  Hospitality

  $474,809

  Educational

  $395,036

  Medical

  $408,622

  Retail

  $614,500

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0579

Longitude

-76.3336

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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