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    515B Leaman Ave Millersville, PA 17551

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    For Lease
    $11 SF/Yr ($2,350 /Mo)

    Former bank space near Millersville University.

    Property size:
    2,400 SF
    Lot size:
    2,400 SF

    Property Features for 515B Leaman Ave

    General Information

    Size
    2,400 SF

    Building Details

    Year built
    1959

    Source: Bree Robinson Agent Bree Robinson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Millersville Retail/Office Space Available

    Located in Millersville Center, this property is situated minutes from Millersville University’s campus. The property, formerly a bank, features ample parking, a drive-through window, and an open floor plan. The first floor has been updated with new flooring and paint. This space is suitable for a professional office, medical office, or retail use. The property size is 2400 square feet.
    Location Intelligence

    Current Use by Public Records

    Banks

    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
    -76.3549373
    Latitude
    40.0123807

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    FAQs

    What type of property is this?
    Bank - Former bank space near Millersville University.
    Where is this bank located?
    The property is located at 515B Leaman Ave Millersville, PA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Ample parking available for clients and staff.; - Located in Millersville Center, minutes from Millersville University, offering great visibility and access.; - Open floor plan provides flexible layout options.
    (717) 209-4089
    Request Owner's contact information
    515B Leaman Ave Millersville, PA 17551
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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
    515B Leaman Ave Millersville, PA 17551
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