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    2031 Lincoln Hwy Lancaster, PA 17602

    For Sale
    $485,000

    High-traffic Lancaster commercial lot.

    Property size:
    37,026 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 0.85-acre commercial land parcel, located at 2031 E Lincoln Hwy in Lancaster, Pennsylvania (APN 3106470500000), offers 37,026 square feet of development potential. Zoned Commercial C-3, this property boasts excellent visibility and high traffic volume due to its location on a busy thoroughfare, directly across from Walmart Plaza and near major retail outlets. The site benefits from easy access to Route 30 and the Turnpike, making it an ideal location for a variety of businesses, particularly retail or fast food establishments. A traffic signal at the entrance ensures convenient ingress and egress. This property presents a unique opportunity: purchase the land for $485,000, or consider a ground lease option at $85,000 annually. The property's prime location at the intersection of Route 462 and Route 30 guarantees significant exposure and accessibility for any commercial venture. Detailed information is available upon request.

    Property Features for 2031 Lincoln Hwy

    General Information

    Property type
    Land
    Square Feet
    37,026 SF
    Lot Size
    37,026 SF

    HighLights

    • Ground lease option available.
    • Ideal location for fast‑food restaurants.
    • Excellent site for retail businesses.
    • High visibility and traffic counts on a major thoroughfare.
    • Contact listing agent for details.
    • Prime location at Route 462 and Route 30 intersection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.242337
    Latitude
    40.032994

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    FAQs

    What type of property is this?
    Land - High-traffic Lancaster commercial lot.
    Where is this land located?
    The property is located at 2031 Lincoln Hwy Lancaster, PA.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: Ground lease option available.; Ideal location for fast-food restaurants.; Excellent site for retail businesses.
    Request Owner's contact information
    2031 Lincoln Hwy Lancaster, PA 17602
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    Lancaster, PA 17602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2031 Lincoln Hwy Lancaster, PA 17602
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