Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1038 Lancaster Rd Manheim, PA 17545

    Sponsored
    Picture of Showrooms at Lancaster Rd 1038, Manheim, PA
    For Sale
    $385,000

    Commercial Sale - MANHEIM, PA

    Type:Retail
    Property size:
    3,100 SF
    Lot size:
    0.31 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 27 at 3:06 pm

    Property Features for 1038 Lancaster Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    5
    Parking features
    Parking Lot
    Size
    3,100 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1965
    Building materials
    Brick

    We can help!

    Listing Contact
    Carmen Swinehart

    Dennis E Beck Real Estate Inc (717) 627-2325

    Listing agent Carmen Swinehart (717) 627-2325

    Listing date Jan 27, 2026

    MLS# PALA2082424

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space on Busy Corridor

    A 3100+ square foot retail space is available for sale. The building features two floors, office spaces, work space, repair spaces, a retail showroom, and front counter space. It includes 5+ parking spaces. The property is located on a busy main corridor, offering high visibility and quick access to major routes. The current sales and service use would blend nicely with Appliance stores, Hardware store, Repair shops, Carpet cleaners, Floor installers, Home centers, Janitorial services, House cleaning services, Office equipment stores etc. The property is situated on a 0.31-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manheim
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.38239288
    Latitude
    40.14284515

    Nearby Similar for Sale

    • $2,349,000

      Versatile Industrial Property in Manheim

      24,537 SF industrial property on 1.81 acres for sale.
      199 W Stiegel St, Manheim, PA 17545
      View Details
    • $1,000,000

      Lancaster County Farm with Farmland

      68.8-acre farm with farmhouse, barn, and tillable ground.
      2344 Back Run Rd, Manheim, PA 17545
      View Details
    • $250,000
      1,505 SF

      End-Unit Townhome with First-Floor Living

      Well-located townhome with first-floor living, open layout, and 2-car garage.
      461 Thrush Dr, Manheim, PA 17545
      View Details
    • $279,900

      Manheim Home with Scenic Views

      Semi-detached split-level home with updated features and farmland views.
      2231 Donough Dr, Manheim, PA 17545
      View Details
    • Contact for pricing
      4.20 Acres

      Manheim Industrial Warehouse Lease

      New Construction, Flexible Lease Options
      62 Doe Run Rd Unit, Manheim, PA 17545
      View Details
    • Contact for pricing
      6.85 Acres

      Manheim Industrial Space For Lease

      6.85-Acre Secure Warehouse Space Available
      181 Floo, Manheim, PA 17545
      View Details
    • Contact for pricing
      4.20 Acres

      Manheim Industrial Warehouse Lease

      New Construction, Flexible Lease Options
      62 Doe Run Rd Unit, Manheim, PA 17545
      View Details
    • Contact for pricing

      Manheim Auto Auction Parking

      Secure Parking Near Auction
      55 Doe Run Rd, Manheim, PA 17545
      View Details
    • $1,499,900
      12,800 SF

      Manheim Mixed-Use Investment

      Historic landmark, high-traffic location.
      1 Charlotte St, Manheim, PA 17545
      View Details
    • Contact for pricing
      4.20 Acres

      Manheim Industrial Warehouse Lease

      New Construction, Flexible Space Available
      62 Doe Run Rd, Manheim, PA 17545
      View Details
    • $1,195,000
      1.30 Acres

      Manheim Industrial Building For Sale

      10,400 SF Warehouse, 1.3 Acres
      398 Main St, Manheim, PA 17545
      View Details
    • $325,000
      0.07 Acres

      20 High St, Manheim, PA 17545

      Office Properties & Spaces • 0.07 Acres
      20 High St, Manheim, PA 17545
      View Details

    FAQs

    What type of property is this?
    Showroom - Retail space with high visibility and quick access to routes.
    Where is this showroom located?
    The property is located at 1038 Lancaster Rd Manheim, PA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - High-visibility location on a busy main corridor with quick access to major routes.; - 3100+ SF free-standing retail space.; - Existing family-owned business included in the sale, with established customer base.
    (717) 627-2325
    Request Owner's contact information
    1038 Lancaster Rd Manheim, PA 17545
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1038 Lancaster Rd
    Manheim, PA 17545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038 Lancaster Rd Manheim, PA 17545
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carmen Swinehart
    (717) 627-2325
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.