1392 Harrisburg PikeLancaster, PA 17601

Property Details for 1392 Harrisburg Pike

Year built

1986

Construction

STEEL FRAME

Property size (Sq ft)

1,439 SF

Zone code

B-3

Property type

Office properties

APN

390-95183-1-1392

APU

3909518311392

Description

Northwest Business Park offers exceptional office space in Lancaster, Pennsylvania. This Class B property, located at 1392 Harrisburg Pike (zip code 17601), comprises three buildings totaling 1,635 square feet. Currently, the entire 1,635 square feet is available for lease as a single unit. The space is zoned B3 and features a desirable location, just half a mile from Route 30, providing excellent access and visibility. Improvements completed in 2020 enhance the property's appeal. Each unit boasts storefront-style entrances, individual HVAC systems (electric heat pumps and central air conditioning), and ample shared, unreserved parking. The property also offers excellent signage opportunities for increased brand awareness. The thriving business community includes a diverse range of established tenants, creating a vibrant and collaborative atmosphere. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located office space in Lancaster County. The property is suitable for various uses, including traditional office, medical office, and commercial applications.

• CAP approach

  CAP return

  Valuation

  6%

  $222,110

  6.5%

  $205,024

  7%

  $190,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $110,342

  Geo Method

  $90,527

• Alternative Use

  Use

  Valuation

  Residential

  $254,230

  Hospitality

  $232,873

  Educational

  $193,748

  Medical

  $200,411

  Retail

  $301,386

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0574

Longitude

-76.334

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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