Building Details

Building Size 13,900 SF

Year Built 1980

Listing Agency: U.S. Commercial Realty d***@uscommercialrealty.net Show Phone

Listed By: Daniel A Berger Jr. · License #AB068331 Show Phone

Source: Evrealestate

Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 5:36AM

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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

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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$94,003

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

6.48%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

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 Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.

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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

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.

Property Analytics

Property Profile

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

Explore this area Business Placement

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

Market

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Security Self Storage — 1501 Cloister Dr, Lancaster, PA 17601
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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