Industrial Property with Repair
2718 Willow Street Pike N, Willow Street, PA 17584
For Sale
Contact for pricing
Three buildings combine vehicle service space, office and retail areas, residential rentals, and a fenced outdoor yard.
Property Size9,878 SF
Lot Size5.40 Acres
Price / SF$272.32
Days on Market68
Property Features for 2718 Willow Street Pike N
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Fenced Yard
Outdoor Storage
Utilities to Site
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Amenities
fenced-in laydown yard
public water
public sewer
high bay repair garage
drive-in doors
office/retail building
two-unit residential rental
Building Details
Buildings
Listing Agency:
Landmark Commercial Realty
(717) 731-1990
Listed By:
Michael Rohm
(717) 400-1819
Source:
Moodyscre
Added: Sep 4
Changed: Oct 26
Last Checked: Nov 8 at 7:26AM
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 Landmark Commercial Realty
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Investment Insights
Based on property information with market context.
At 2718 Willow Street Pike N, the industrial property includes three primary buildings and a fenced outdoor yard. The approximately 5,700 SF high-bay repair garage has five drive-in doors. A separate office and retail building contains approximately 2,300 SF, and the site also includes a two-unit residential rental. The property is currently used as an RV dealership, with outdoor space used for storage and related vehicle activity. Public water and sewer serve the site.
The property is in West Lampeter Township, Lancaster County, approximately 4 miles from Downtown Lancaster. Its mix of service, office, retail, residential, and outdoor storage components forms the existing site configuration.
The property is in West Lampeter Township, Lancaster County, approximately 4 miles from Downtown Lancaster. Its mix of service, office, retail, residential, and outdoor storage components forms the existing site configuration.
Key Highlights
- Three primary buildings on the property
- Approximately 5,700 SF high‑bay repair garage with five (5) drive‑in doors
- Approximately 2,300 SF office and retail building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,248
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,324,960
$2.3M
Cap Rate 7%
$1,660,686
$1.7M
Cap Rate 9%
$1,291,644
$1.3M
Market Conditions
NOI Build-Up for 9,878 SF
Gross rent
$177.8K $18.00/SF
− Vacancy
−$11.7K −$1.19/SF
EGI
$166.1K $16.81/SF
− OpEx
−$49.8K −$5.04/SF
NOI
$116.2K $11.77/SF
Area
Lancaster County, PA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,324,960
Cap Rate 7%
$1,660,686
Cap Rate 9%
$1,291,644
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.94M
NOI $116,248 @ 7.0% cap · market cap 4.32%
Second Best
Multifamily LT 5
$1.58M
$1.38M – $1.84M
NOI $110,336 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M
NOI $231,712 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
5
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 17584, PA
10,409
Population
4,999
Households
2.1
Avg Household Size
51
Median Age
42%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
703
Density / Sq Mi
$106,363
Median Household Income
$46,321
Median Earnings
$2,022
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Lancaster County, PA
Properties on Market for Industrial properties in Lancaster County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - Three buildings combine vehicle service space, office and retail areas, residential rentals, and a fenced outdoor yard.
Where is this industrial property located?
The property is located at 2718 Willow Street Pike N Willow Street, PA.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Three primary buildings on the property; Approximately 5,700 SF high‑bay repair garage with five (5) drive‑in doors; Approximately 2,300 SF office and retail building
