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Enterprise Court Commercial Property

1176 Enterprise Ct, East Petersburg, PA 17520

For Sale
$1,450,000

Commercial property for sale in East Petersburg, Pennsylvania.

Property Size13,900 SF
Price / SF$104.32
Days on Market251

Property Features for 1176 Enterprise Ct

General Information

Standard status Active
Size 13,900 SF
Total Parking Spaces 22
Zoning E - ENTERPRISE ZONE

Taxes and HOA fees

Annual Taxes $10,953

Amenities

Central Air
Forced Air, Natural Gas

Building Details

Building Size 13,900 SF
Year Built 1980
Listing Agency: U.S. Commercial Realty
Listed By: Daniel A Berger Jr. · License PA AB068331
Source: Evrealestate
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 5:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of U.S. Commercial Realty

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Investment Insights

Based on property information with market context.

Located in East Petersburg, Pennsylvania, this commercial property is accessible from Route 283 West via the East Petersburg/Route 741 exit. From Rohrerstown Road, turn onto Enterprise Road, then onto Enterprise Court. The property is situated on the right. The property is 13,900 square feet and can be used for warehouses, industrial purposes, retail space, and other commercial real estate ventures.

Key Highlights

  • Located in Lancaster County
  • Central Air Conditioning
  • Natural Gas Heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,003
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,060 $1.9M
Cap Rate 7%
$1,342,900 $1.3M
Cap Rate 9%
$1,044,478 $1.0M
Market Conditions
NOI Build-Up for 13,900 SF
Gross rent
$119.8K $8.62/SF
− Vacancy
−$9.2K −$0.66/SF
EGI
$110.6K $7.96/SF
− OpEx
−$16.6K −$1.19/SF
NOI
$94.0K $6.76/SF
Area
Lancaster County, PA
Vacancy
7.70%
Lease Rate
$8.62 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,060
Cap Rate 7%
$1,342,900
Cap Rate 9%
$1,044,478

Alternative Uses

Best Use
Retail
$2.34M
$2.04M – $2.73M (±1% cap)
NOI $163,581 @ 7.0% cap · market cap 11.28%
Second Best
Warehouse
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,003 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$4.66M
$4.08M – $5.43M (±1% cap)
NOI $326,058 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lehigh Valley Respiratory ... Medical Supply Store

Suggested Use

Top Pick Hair Salon Restaurant Spa & Massage Center Law Firm Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby
Well-served
Demand for This Use

Demographics for 17520, PA

4,863
Population
2,221
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
2,702
Density / Sq Mi
$86,489
Median Household Income
$42,355
Median Earnings
$1,370
Median Rent
$252,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Lancaster County, PA

$83.41 Jul
$130 Aug
$141 Sep
$115 Oct

Properties on Market for Warehouses in Lancaster County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Kreider Foods Inc. — 1555 Sylvan Rd, Lancaster, PA 17601
  • Moove In Self Storage — 1250 Shreiner Station Rd, Lancaster, PA 17601
  • Security Self Storage — 1501 Cloister Dr, Lancaster, PA 17601
  • Stowaway — 1655 Manheim Pike # A, Lancaster, PA 17601

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial property for sale in East Petersburg, Pennsylvania.
Where is this warehouse located?
The property is located at 1176 Enterprise Ct East Petersburg, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Located in Lancaster County; Central Air Conditioning; Natural Gas Heating
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