951 Rohrerstown RdLancaster, PA 17601

  • Office properties
  • 13,136 SF
For Sale
$2,299,000 View listing

Property Details for 951 Rohrerstown Rd

Year built
1985
Construction
BRICK
Lot size
1.50 AC
Property size (Sq ft)
13,136 SF
Zone code
CC
Property type
Office properties
Property subtype
Other office properties
APN
290-89082-0-0000
APU
2908908200000

Description

This exceptional 2,845-square-foot creative office space is located on the second floor of a beautiful, contemporary building at 951 Rohrerstown Rd #202, Lancaster, PA 17601. The single-tenant space boasts four private offices, a conference room, an open workspace ideal for workstations, a convenient kitchenette, and a private bathroom. Situated just off Route 30, this location offers unparalleled accessibility, with easy access to major local highways and a quick ten-minute commute to most areas within Lancaster. Benefit from high visibility with a large monument sign and ample parking (66 spaces) for clients and employees. The property enjoys exceptional traffic counts exceeding 21,000 vehicles daily. The East Hempfield Township zoning (RCC – Regional Commerce Center) allows for a wide range of business uses. The lease rate is $11.00 per square foot, NNN, with a triple net fee estimated at $4.50 per square foot or more. A minimum three-year lease is required. Please note that access to the second-floor office is via stairs only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,027,542
    6.5%
    $1,871,577
    7%
    $1,737,893
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,007,262
    Geo Method
    $826,386
  • Alternative Use

    Use
    Valuation
    Residential
    $2,320,755
    Hospitality
    $2,125,800
    Educational
    $1,768,640
    Medical
    $1,829,466
    Retail
    $2,751,218
951 Rohrerstown Rd, Lancaster, Pennsylvania

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0592
Longitude
-76.3588
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,549
$375,000
$1,084,900
$1,459,900
-
$375,000
$1,084,900
$1,459,900

FAQs

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