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    454 N Prince St Lancaster, PA 17603

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    For Sale
    $575,000

    High-traffic location, leased through 2027, future owner/user opportunity.

    Property size:
    1,128 SF
    Lot size:
    0.14 Acres

    Property Features for 454 N Prince St

    General Information

    Size
    1,128 SF
    Lot size
    0.14 Acres

    Source: U.S. Commercial Realty Agent Thomas "Tom" M. McDermott

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

    Overview

    Freestanding Building with Parking Area

    Located at a high-traffic, signalized intersection, this property serves as a gateway to Lancaster City’s “Gallery Row”. The property is a freestanding building with a parking area. Currently, the property is leased to Acceptance Insurance through February 2027. Acceptance Insurance has been a tenant for nearly 20 years and has no additional options in place. The property offers a future opportunity for an owner/user. The property size is 1,128 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Acceptance Insurance Auto Insurance Agency Prince Debt Consolidation Credit Counseling Service Insurance Lancaster Agency Insurance Agency

    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
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3067
    Latitude
    40.03025

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    FAQs

    What type of property is this?
    Office building - High-traffic location, leased through 2027, future owner/user opportunity.
    Where is this office building located?
    The property is located at 454 N Prince St Lancaster, PA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - High traffic location at a signalized intersection, gateway to Lancaster City’s “Gallery Row”.; - Rare free-standing building with parking area.; - Leased to established tenant (Acceptance Insurance) through February 2027.
    (717) 735-6000
    Request Owner's contact information
    454 N Prince St Lancaster, PA 17603
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    Lancaster, PA 17603
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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
    454 N Prince St Lancaster, PA 17603
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