Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    320 Granite Run Dr Lancaster, PA 17601

    View on Map
    Sponsored
    Picture of Car washes at Granite Run Dr 320, Lancaster, PA
    For Sale
    $999,000

    Commercial Sale - LANCASTER, PA

    Type:Retail
    Days on Market:
    42
    Last Refresh:
    Mar 9 at 9:06 pm

    Property Features for 320 Granite Run Dr

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active

    Building Details

    Year built
    2015

    We can help!

    Listing Contact
    Deepa Balepur
    Deepa Balepur

    Compass Real Estate, LLC (717) 431-8300

    Listing agent Deepa Balepur (717) 808-3531 License #RM425415

    Listing date Jan 26, 2026

    MLS# PALA2065374

    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

    Lancaster Car Wash Business Opportunity

    This car wash, established within the last decade, presents an investment opportunity in a growing market. The turnkey operation includes modern facilities, buildings, and equipment. Situated on a large, high-visibility lot along a major retail corridor in Lancaster, PA, the car wash benefits from substantial daily traffic. The facility features an eco-friendly design and a spacious layout that ensures smooth vehicle flow through automatic and self-serve bay lanes and vacuum stations. Strong online ratings indicate its popularity. This car wash is located in Lancaster County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horst Insurance Insurance Agency geographIT Engineering Consultant Stratton Consulting Group Business Management Consultant Horst SeniorCare Association / Organization Compass Real Estate, ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.33061147
    Latitude
    40.07630991

    Nearby Similar for Sale

    • $535,000
      3,475 SF

      Lancaster Mixed-Use Commercial Property

      Four-unit commercial property with storefront and residential apartments.
      353 E New St, Lancaster, PA 17602
      View Details
    • $169,900
      1,000 SF

      Lancaster Office Space For Sale

      Second-floor office space with private offices and conference room.
      2938-1 Columbia Ave, Lancaster, PA 17603
      View Details
    • $400,000
      3,863 SF

      Lancaster Restaurant Business For Sale

      Turn-key pub-style restaurant with indoor and outdoor seating in high-traffic area.
      2347 103, Lancaster, PA 17601
      View Details
    • $6,000,000
      39,610 SF

      Lancaster Office Investment Opportunity

      Stabilized office property leased until 2030 in Lancaster, PA.
      3020 Columbia Ave, Lancaster, PA 17603
      View Details
    • New
      $449,900
      3,131 SF

      Lancaster City Multi-Unit Investment

      Two-unit building with separate utilities in prime Lancaster location.
      413 N Queen St, Lancaster, PA 17603
      View Details
    • New
      $349,900
      2,048 SF

      Lancaster City Turnkey Investment Property

      Three-unit property in Lancaster City with professional management and stable income.
      747-749 Manor St, Lancaster, PA 17603
      View Details
    • $1,895,000
      5,500 SF

      Historic Townhouse with Commercial Space

      Historic Lancaster townhouse with commercial space and residential living.
      121-123 E King St, Lancaster, PA 17602
      View Details
    • $375,000
      1,596 SF

      Lancaster City Duplex Opportunity

      Income-producing duplex in vibrant Lancaster City neighborhood.
      464 S Ann St, Lancaster, PA 17602
      View Details
    • New
      $349,900
      1,742 SF

      Renovated Duplex in Lancaster City

      Turn-key investment opportunity near McCaskey campus and city amenities.
      312 N Reservoir St, Lancaster, PA 17602
      View Details
    • $325,000
      1,968 SF

      Lancaster Two-Unit Apartment Building

      Well-kept, fully occupied two-unit building near Lancaster County attractions.
      557 W Grant St, Lancaster, PA 17603
      View Details
    • New
      $265,000
      2,048 SF

      Lancaster Two-Unit Multifamily Property

      Two-unit property with long-term tenants in Lancaster, Pennsylvania.
      31 N Broad St, Lancaster, PA 17602
      View Details
    • $320,000

      Established Turn-Key Business Opportunity

      Profitable gourmet food business in busy Lancaster market.
      23 Market St, Lancaster, PA 17603
      View Details

    FAQs

    What type of property is this?
    Car wash - Turnkey car wash business with high visibility in Lancaster, PA.
    Where is this car wash located?
    The property is located at 320 Granite Run Dr Lancaster, PA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Turnkey car wash business established within the last decade.; - High-visibility location on a major retail corridor with substantial daily traffic.; - Modern facilities, buildings, and equipment included.
    (717) 431-8300
    Request Owner's contact information
    320 Granite Run Dr Lancaster, PA 17601
    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.
    320 Granite Run Dr
    Lancaster, PA 17601
    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
    320 Granite Run Dr Lancaster, PA 17601
    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
    Deepa Balepur
    Deepa Balepur
    Real Estate License ID: RM425415
    (717) 431-8300 (717) 808-3531 (843) 343-7444
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!