Ronks Retail Opportunity on Route
For Sale
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2801 E Lincoln Highway, Ronks, PA 17529
2,500 SF retail building on 0.61 acres in Ronks, PA.
Property Size2,494 SF
Lot Size0.61 Acres
Price / SF$238.57
Days on Market76
Property Features for 2801 E Lincoln Highway
General Information
Standard status
Active
Size
2,494 SF
Lot size
0.61 Acres
Property subtype
Retail
Building Details
Year Built
1973
Listing Agency:
Davison Associates
Listed By:
Brian Davison, CCIM SIOR · License #PA RB069617
Source:
Crexi
Added: May 20
Changed: Jul 10
Last Checked: Aug 2 at 3:22PM
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 Davison Associates
Investment Insights
Based on property information with market context.
Located at 2801 E. Lincoln Highway (Route 30) in Ronks, Lancaster County, Pennsylvania, this property is situated at the eastern gateway to the county. The location is strategic, positioned at a signalized intersection with a daily traffic count exceeding 20,000 vehicles. The 0.61-acre parcel features a 2,500 square foot masonry block building constructed in 1973. The building offers an open floor plan and appropriate parking. The heating system uses forced air and propane. Water is sourced from a well, and public sewer services are available. Zoned Village Commercial within East Lampeter Township, the building presents a blank canvas, providing the next owner with the opportunity to improve it for their specific use.
Key Highlights
- Strategic location at a signalized intersection on Route 30 (Lincoln Highway)
- High daily traffic count of over 20,000 vehicles
- .61‑acre parcel with a 2,500 square foot building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.9k | $18.00 |
| − Vacancy | −$3.0k | −$1.19 |
| EGI | $41.9k | $16.81 |
| − OpEx | −$12.6k | −$5.04 |
| NOI | $29.4k | $11.77 |
2,494 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$419.3K
$366.9K – $489.2K
NOI $29,350 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.8K
$731.3K – $975.1K
NOI $58,503 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Hotels & Casinos 10%
Turkey Hill Minit Market
Shops & Services
10,649 visits/mo
0.3 miles
Sleep Inn & Suites
Hotels & Casinos
1,216 visits/mo
0.2 miles
Demographics for 17529, PA
4,472
Population
1,501
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
55%
High-School Grad
14.7 sq mi
ZIP Area
304
Density / Sq Mi
$72,679
Median Household Income
$36,510
Median Earnings
$1,162
Median Rent
$351,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 2,500 SF retail building on 0.61 acres in Ronks, PA.
Where is this retail space located?
The property is located at 2801 E Lincoln Highway Ronks, PA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Strategic location at a signalized intersection on Route 30 (Lincoln Highway); High daily traffic count of over 20,000 vehicles; .61‑acre parcel with a 2,500 square foot building
