2151 Lincoln HwyLancaster, PA 17602

Property Details for 2151 Lincoln Hwy

Year built

2019

Construction

FRAME

Lot size

1.92 AC

Property size (Sq ft)

42,754 SF

Property type

Hotels

APN

310-44150-0-0000

APU

3104415000000

Description

This exceptional 2.5-acre commercial land parcel, located at 2151 E. Lincoln Highway in Lancaster, Pennsylvania, presents a unique investment opportunity. Zoned C-2 Commercial District within Lancaster County, this property offers significant potential for a variety of commercial uses. The existing single-tenant building encompasses 1,500 square feet, providing immediate income potential or a solid foundation for redevelopment. The expansive lot size allows for ample space for expansion, additional structures, or extensive landscaping. Its convenient location on the heavily trafficked Lincoln Highway ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure. The property's address is 2151 E. Lincoln Highway, Lancaster, PA 17602. This is a single-tenant property, offering a straightforward ownership structure. The property is available for lease and presents a compelling opportunity for businesses seeking a prominent location in a thriving commercial area. Serious inquiries are encouraged to explore the possibilities this prime Lancaster County location offers. The property is situated in a well-established commercial district, providing easy access to major roadways and a diverse range of amenities. This is a rare opportunity to acquire a substantial commercial property in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,495,455

  6.5%

  $6,918,882

  7%

  $6,424,676

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,704,138

  Geo Method

  $6,320,687

• Alternative Use

  Use

  Valuation

  Residential

  $7,553,408

  Hospitality

  $6,918,882

  Educational

  $5,756,428

  Medical

  $5,954,400

  Retail

  $8,954,444

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0301

Longitude

-76.229

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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