Truck Maintenance and Storage
40 Pitney Road Lancaster, PA 17602
40 Pitney Road, Lancaster, PA, 17602
$1,000,000
For Sale
$1,000,000
This commercially zoned truck maintenance and storage property includes three buildings, multiple overhead doors, and up to 30 leased truck parking spaces.
Property Size3,144 SF
Price / SF$318.07
Days on Market173
Property Features for 40 Pitney Road
General Information
- Standard status
- Active
- Size
- 3,144 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing agency
Cavalry Realty LLC
(717) 932-2599
Listed by
Thomas Stewart · License #RM420558
(717) 932-2599
Source
Xome
Added: Jan 29 Updated: Jul 21 at 3:24AM Checked: Jul 21 at 3:24AM
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 Cavalry Realty LLC
Investment Insights
Based on property information with market context.
This commercially zoned truck maintenance and storage facility is currently operating as a truck maintenance and storage site. The property includes three buildings: a 40’ x 45’ maintenance building with two bays, 14’ x 14’ overhead garage doors, office space, and a restroom; an office building divided into two units, each with a 12’ overhead door; and a 30’ x 40’ mechanics building currently rented separately with two overhead garage doors. The site also provides up to 30 individually leased truck parking spaces, supporting ongoing rental income.
The property is situated just off the intersection of Lincoln Highway East and Old Philadelphia Pike, with convenient access to Routes 23 and 30 and strong visibility for commercial traffic.
As configured, the combination of maintenance, office, and mechanics spaces with multiple overhead doors and truck parking is suited to businesses looking for an established yard-and-operations setup.
The property is situated just off the intersection of Lincoln Highway East and Old Philadelphia Pike, with convenient access to Routes 23 and 30 and strong visibility for commercial traffic.
As configured, the combination of maintenance, office, and mechanics spaces with multiple overhead doors and truck parking is suited to businesses looking for an established yard-and-operations setup.
Key Highlights
- Commercially zoned property (neighborhood commercial) operating as a truck maintenance and storage facility.
- Three buildings: 40’x45’ maintenance building with two bays, 14’x14’ overhead garage doors, office, and restroom.
- Office building divided into two units, each with a 12’ overhead door.
Local Financial Insights For Office B
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 | $80.7k | $25.68 |
| − Vacancy | −$11.3k | −$3.61 |
| EGI | $69.4k | $22.07 |
| − OpEx | −$17.4k | −$5.52 |
| NOI | $52.1k | $16.56 |
3,144 SF · lease $25.68/SF/yr · vacancy 14.04% · expense 25.00%
Alternative Uses
Best Use
Office B
$743.6K
$650.7K – $867.5K
NOI $52,052 @ 7.0% cap · market cap 5.21%
Second Best
Warehouse
$303.7K
$265.8K – $354.4K
NOI $21,262 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$1.05M
$921.9K – $1.23M
NOI $73,750 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dove Transport Inc
Trucking Company
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - This commercially zoned truck maintenance and storage property includes three buildings, multiple overhead doors, and up to 30 leased truck parking spaces.
Where is this truck terminal located?
The property is located at 40 Pitney Road Lancaster, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Commercially zoned property (neighborhood commercial) operating as a truck maintenance and storage facility.; Three buildings: 40’x45’ maintenance building with two bays, 14’x14’ overhead garage doors, office, and restroom.; Office building divided into two units, each with a 12’ overhead door.
