Crane-Served Flex
2969 Lincoln Hwy E, Gordonville, PA 17529
For Sale
Contact for pricing
Village Commercial zoning permits most retail uses and manufacturing by right.
Property Size27,789 SF
Price / SF$178.13
Days on Market12
Property Features for 2969 Lincoln Hwy E
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Traffic Count
Mixed-Use Components
Additional Details
Property Use
Building Details
Buildings
Listing Agency:
Bennett Williams Commercial Lancaster
Listed By:
Jeff Herr · License PA RS191756L
(717) 723-6182
Source:
Crexi
Added: Oct 30
Changed: Nov 9
Last Checked: Nov 9 at 1:58PM
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 Commercial Lancaster
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Investment Insights
Based on property information with market context.
This flex property totals 27,789 SF across two buildings. The main 24,789 SF structure combines showroom and office areas with a shop and manufacturing space served by a crane. A separate 3,000 SF building contains a wash bay.
The property is zoned Village Commercial, where most retail uses and manufacturing are permitted by right. Reported traffic is 22,000 cars per day.
The property is zoned Village Commercial, where most retail uses and manufacturing are permitted by right. Reported traffic is 22,000 cars per day.
Key Highlights
- 27,789 SF across two buildings
- 24,789 SF main building with showroom, offices and crane‑served shop/manufacturing space
- Separate 3,000 SF building with wash bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$327,032
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,540,640
$6.5M
Cap Rate 7%
$4,671,886
$4.7M
Cap Rate 9%
$3,633,689
$3.6M
Market Conditions
NOI Build-Up for 27,789 SF
Gross rent
$500.2K $18.00/SF
− Vacancy
−$33.0K −$1.19/SF
EGI
$467.2K $16.81/SF
− OpEx
−$140.2K −$5.04/SF
NOI
$327.0K $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%
$6,540,640
Cap Rate 7%
$4,671,886
Cap Rate 9%
$3,633,689
Alternative Uses
Best Use
Retail
$4.67M
$4.09M – $5.45M
NOI $327,032 @ 7.0% cap · market cap 6.61%
Second Best
Industrial
$2.21M
$1.93M – $2.58M
NOI $154,768 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$9.31M
$8.15M – $10.86M
NOI $651,858 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
22,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Lancaster County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Village Commercial zoning permits most retail uses and manufacturing by right.
Where is this flex space located?
The property is located at 2969 Lincoln Hwy E Gordonville, PA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 27,789 SF across two buildings; 24,789 SF main building with showroom, offices and crane‑served shop/manufacturing space; Separate 3,000 SF building with wash bay
