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    540 S Water St Lancaster, PA 17603

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    For Lease
    $416 /Mo ($1.42 SF/Yr)

    Industrial building with paved and secured outside storage available for rent.

    Property size:
    3,520 SF
    Lot size:
    0.92 Acres

    Property Features for 540 S Water St

    General Information

    Size
    3,520 SF
    Lot size
    0.92 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

    Industrial Building with Secured Storage

    This is a rare opportunity to rent a smaller industrial building that includes approximately 0.33 acres of paved and secured outside storage suitable for equipment or vehicles. The property offers flexible zoning, making it suitable for light assembly, a service center, a contractor warehouse, or a distributor. The building has a total size of 3,520 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Fritz the Gardener Landscaper

    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.

    Similar Places Nearby

    North Street Storage, SOWE Storage unit, Seymour Storage Units, Ace Moving Co

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.309976
    Latitude
    40.045862

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    FAQs

    What type of property is this?
    Warehouse - Industrial building with paved and secured outside storage available for rent.
    Where is this warehouse located?
    The property is located at 540 S Water St Lancaster, PA.
    What is the lease rate?
    The lease rate is $1.42 SF/Yr.
    What are key features of this property?
    This property features: - Rare opportunity for a smaller pristine industrial building.; - + 0.33 acre **paved and secured outside storage.**; - Flexible zoning for light assembly, service center, contractor warehouse, distributor, etc.
    (717) 735-6000
    Request Owner's contact information
    540 S Water 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
    540 S Water St Lancaster, PA 17603
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