903 Nissley RdLancaster, PA 17601

Property Details for 903 Nissley Rd

Year built

1991

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.90 AC

Property size (Sq ft)

11,705 SF

Zone code

LC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

290-35415-0-0000

APU

2903541500000

Description

This 3,696 square foot retail space is ideally situated in the heart of East Hempfield Township, offering excellent visibility and accessibility. Located near major roadways, Routes 30 and 283, this single-tenant property benefits from proximity to affluent residential areas, ensuring a strong potential customer base. The space boasts a versatile layout featuring an open floor plan, perfect for customization to suit various retail needs. Large storefront windows provide ample natural light and excellent street visibility, enhancing the overall appeal. In addition to the main retail area, the property includes a dedicated office space, providing a functional area for administrative tasks or client meetings. Convenient storage space is also available, addressing the practical needs of a busy retail operation. A restroom is included for employee and customer use. The property is zoned for Community Business Center use, offering flexibility for a range of retail businesses. This location provides a unique opportunity to establish a thriving retail presence in a high-traffic area with strong demographics. The combination of convenient location, versatile layout, and ample amenities makes this property an exceptional investment opportunity for discerning retail businesses. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,655,800

  6.5%

  $2,451,508

  7%

  $2,276,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,261,786

  Geo Method

  $1,855,631

• Alternative Use

  Use

  Valuation

  Residential

  $2,067,938

  Hospitality

  $1,894,221

  Educational

  $1,575,969

  Medical

  $1,630,169

  Retail

  $2,451,508

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0669

Longitude

-76.3963

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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