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    505 Leaman Ave Millersville, PA 17551

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    For Lease
    $13 SF/Yr ($16,740 /Mo)

    Corner retail or office space with ample parking and signage.

    Property size:
    14,400 SF
    Lot size:
    14,400 SF

    Property Features for 505 Leaman Ave

    General Information

    Size
    14,400 SF

    Source: Bree Robinson Agent Bree Robinson

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

    Overview

    Corner Retail/Office Space Available

    This corner property, formerly a pharmacy, offers retail or office space with an open floor plan and natural light. Recent light renovations have been completed. On-site parking is available. Ample signage opportunities are present to take advantage of the 15,072 ADT (Average Daily Traffic) on Manor Avenue. The property is located off Manor Avenue/Route 999 in Millersville, Pennsylvania. The property size is 14,400 square feet and can be subdivided.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millersville
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3537137
    Latitude
    40.0123431

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    FAQs

    What type of property is this?
    Retail space - Corner retail or office space with ample parking and signage.
    Where is this retail space located?
    The property is located at 505 Leaman Ave Millersville, PA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Manor Ave with 15,072 ADT; - Corner end-cap space with ample signage opportunities; - Open floor plan with plenty of natural light
    (717) 209-4089
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    505 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
    505 Leaman Ave Millersville, PA 17551
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