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Heated Flex Space with Mezzanine
For Sale
$1,200,000
Pending

14 N RONKS ROAD, Ronks, PA 17572

Insulated commercial facility combines showroom, offices, and shop operations.

Property Size8,480 SF
Lot Size0.66 Acres
Days on Market51

Property Features for 14 N RONKS ROAD

General Information

Standard status Pending
Size 8,480 SF
Lot size 0.66 Acres
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 2005
Listing Agency: William Penn Real Estate Assoc
Listed By: Chester Lapp · License #RS320255
Source: Cummingsrealtors
Added: Sep 11 Changed: Oct 31 Last Checked: Oct 30 at 4:22PM

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 William Penn Real Estate Assoc

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Investment Insights

Based on property information with market context.

Located at 14 N. Ronks Road in Ronks, Pennsylvania, this 8,480-square-foot flex facility occupies 0.66 acres and was built in 2005. The building is fully insulated and heated, with a mezzanine, finished showroom, five offices, two kitchens, a large lunchroom, and two restrooms. Five mini-splits serve the office areas, while a shop air-filtration system supports ongoing work within the facility.

Five 18-foot overhead doors provide access to the shop area, and the property includes public water and sewer. The yard layout and combination of customer-facing, office, and shop areas support construction trades, storage, light industrial operations, or a local business requiring both workspace and showroom functionality. The property is in East Lampeter Township and is offered in good condition.

Key Highlights

  • 8,480‑square‑foot facility on 0.66 acres
  • Built in 2005 and offered in good condition
  • Five 18‑foot overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,349
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,980 $1.1M
Cap Rate 7%
$819,271 $819.3K
Cap Rate 9%
$637,211 $637.2K
Market Conditions
NOI Build-Up for 8,480 SF
Gross rent
$73.1K $8.62/SF
− Vacancy
−$5.6K −$0.66/SF
EGI
$67.5K $7.96/SF
− OpEx
−$10.1K −$1.19/SF
NOI
$57.3K $6.76/SF
Area
Lancaster County, PA
Vacancy
7.70%
Lease Rate
$8.62 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,980
Cap Rate 7%
$819,271
Cap Rate 9%
$637,211

Alternative Uses

Best Use
Warehouse
$819.3K
$716.9K – $955.8K (±1% cap)
NOI $57,349 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$674.7K
$590.4K – $787.1K (±1% cap)
NOI $47,228 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M (±1% cap)
NOI $198,919 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mid-Atlantic Steel Fabrication Metal Fabrication Plant Blackwood Equestrian Stalls Metal Fabrication Plant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Bakery Garden Center 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
Well-served
Demand for This Use

Demographics for 17572, PA

3,972
Population
1,267
Households
3.1
Avg Household Size
31
Median Age
15%
College-Educated
66%
High-School Grad
16.2 sq mi
ZIP Area
245
Density / Sq Mi
$79,613
Median Household Income
$46,623
Median Earnings
$1,050
Median Rent
$300,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Insulated commercial facility combines showroom, offices, and shop operations.
Where is this flex space located?
The property is located at 14 N RONKS ROAD Ronks, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,480‑square‑foot facility on 0.66 acres; Built in 2005 and offered in good condition; Five 18‑foot overhead doors
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