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    501 Leaman Ave Millersville, PA 17551

    For Sale
    Contact for pricing

    Prime Retail/Office Space, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional retail or office space is ideally situated at 501 Leaman Avenue in Millersville, Pennsylvania, offering unparalleled visibility and accessibility. Located off Manor Avenue (Route 999), this property benefits from a high traffic count of 15,072 vehicles per day, ensuring maximum exposure for your business. The space, formerly a pharmacy, boasts an open floor plan flooded with natural light, creating a bright and inviting atmosphere. Recent light renovations provide a clean slate for a tenant's customized vision, minimizing upfront investment. The end-cap location offers significant advantages, including ample on-site parking for customers and employees, and excellent opportunities for prominent signage to capitalize on the high traffic volume of Manor Avenue. This property presents a unique opportunity for businesses seeking a well-positioned, highly visible location with convenient parking and a modern, adaptable space. The property's size is not currently specified, but the open floor plan and end-cap location offer significant flexibility for a variety of retail or office uses. The location's proximity to Route 999 ensures easy access for customers and employees. Serious inquiries are encouraged to explore this exceptional commercial opportunity.

    Property Features for 501 Leaman Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Millersville
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.35361
    Latitude
    40.01234

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    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office Space, High Visibility
    Where is this retail property located?
    The property is located at 501 Leaman Ave Millersville, PA.
    (717) 293-4477
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    Millersville, PA 17551
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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
    501 Leaman Ave Millersville, PA 17551
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