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120 N POINTE BOULEVARD, Lancaster, PA 17601

Second-floor office space offers subdivision options and parking within a centralized Manheim Township setting.

Property Size4,370 SF
Price / SF$0.01
Days on Market5

Property Features for 120 N POINTE BOULEVARD

General Information

Standard status Active
Size 4,370 SF
Class Class A
Property subtype Commercial

Additional Details

Floor 2nd Floor b1

Building Details

Year Built 2000
Listing Agency: Bennett Williams Realty, Inc.
Listed By: Bradley A Rohrbaugh · License #RS223194L
Source: Cummingsrealtors
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:28PM

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 Bennett Williams Realty, Inc.

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Investment Insights

Based on property information with market context.

These Class A office units occupy the second floor of a building completed in 2000. The 4,370-square-foot space can be divided into suites of 1,845 and 2,525 square feet, allowing for two distinct office configurations.

The property is in Manheim Township with immediate access to Routes 30, 283 and 222, as well as Oregon Pike and Lititz Pike. The site has 114 parking spaces, and signature signage may be available.

Key Highlights

  • 4,370 SF of second‑floor Class A office space
  • Can be divided into 1,845 SF and 2,525 SF suites
  • 114 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,349
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,446,980 $1.4M
Cap Rate 7%
$1,033,557 $1.0M
Cap Rate 9%
$803,878 $803.9K
Market Conditions
NOI Build-Up for 4,370 SF
Gross rent
$112.2K $25.68/SF
− Vacancy
−$15.8K −$3.61/SF
EGI
$96.5K $22.07/SF
− OpEx
−$24.1K −$5.52/SF
NOI
$72.3K $16.56/SF
Area
Lancaster County, PA
Vacancy
14.04%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,446,980
Cap Rate 7%
$1,033,557
Cap Rate 9%
$803,878

Alternative Uses

Best Use
Office B
$1.03M
$904.4K – $1.21M (±1% cap)
NOI $72,349 @ 7.0% cap · market cap 301,454.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,509 @ 7.0% cap · market cap 427,120.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Blackford Development Ltd Construction Company Refined Auto Detailing ... Car Wash Homestead Funding Corp: ... Loan Service Homestead Funding Corp: ... Loan Service Homestead Funding Corp: ... Loan Service

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center Storage Facility Bakery Carpet & Flooring Store

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

1,602
Businesses Nearby

Demographics for 17601, PA

55,710
Population
23,126
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
33.5 sq mi
ZIP Area
1,663
Density / Sq Mi
$96,433
Median Household Income
$50,358
Median Earnings
$1,477
Median Rent
$324,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor office space offers subdivision options and parking within a centralized Manheim Township setting.
Where is this office unit located?
The property is located at 120 N POINTE BOULEVARD Lancaster, PA.
What are key features of this property?
This property features: 4,370 SF of second‑floor Class A office space; Can be divided into 1,845 SF and 2,525 SF suites; 114 parking spaces
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