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    2498 Old Philadelphia Park Lancaster, PA 17602

    For Sale
    $2,650,000

    LAND - LANCASTER, PA

    Lot size:
    8.96 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 2498 Old Philadelphia Park

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    8.96 Acres

    Hostetter Realty (717) 354-6416 [email protected]

    Listing agent Jacob D. Fisher (717) 587-2481 License #RS325195

    Listing date Nov 10, 2025

    MLS# PALA2079386 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Lancaster Land Opportunity

    Two adjoining parcels totaling 8.96 acres in East Lampeter Township, Lancaster County, present an excellent opportunity. One parcel is an 8.0-acre vacant tract zoned Village Commercial. The other is a 0.96-acre residential property featuring a classic farmhouse with rental income. The Village Commercial zoning allows for commercial, mixed-use, or agricultural development while maintaining a strong investment foundation in a high-visibility location. Both parcels are open, level, and located in the Conestoga Valley School District, just minutes from Route 30, Lancaster City, shopping, and area attractions. The residential rental property includes a 3,487 square foot, two-story farmhouse built in 1900 with a frame/vinyl exterior. The home has 2,173 square feet finished above grade, two bedrooms, one and a half bathrooms, and one fireplace. Heating is provided by a hot water/radiator system, and the roof is slate. Water is supplied by a private well, and sewer is public. The vacant land parcel does not currently have public utilities connected (no water, sewer, or gas). Annual taxes for the vacant land are $3,743, and for the residential property, $4,589.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.20008
    Latitude
    40.03909

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    FAQs

    What type of property is this?
    Commercial land - Two adjoining parcels totaling 8.96 acres in East Lampeter Township.
    Where is this commercial land located?
    The property is located at 2498 Old Philadelphia Park Lancaster, PA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - 8.96 acres total, **including 8 acres zoned Village Commercial**; - Includes a 0.96-acre residential property with a classic farmhouse providing rental income.; - **High-visibility location** in East Lampeter Township, minutes from Route 30, Lancaster City, shopping, and area attractions.
    (717) 587-2481
    Request Owner's contact information
    2498 Old Philadelphia Park Lancaster, PA 17602
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    Lancaster, PA 17602
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    Realmo Value Estimation

    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.

    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.

    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
    2498 Old Philadelphia Park Lancaster, PA 17602
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