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    2001 Columbia Ave Lancaster, PA 17603

    Sponsored
    For Sale
    $500,000

    High-traffic pad site, 0.33 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.33-acre commercial land parcel presents a prime development opportunity in Lancaster, Pennsylvania. Located at 2001 Columbia Avenue, this outparcel enjoys a highly visible position directly in front of a high-volume grocery store, ensuring significant foot traffic and brand exposure. The property boasts strong traffic counts exceeding 17,000 vehicles per day (AADT), providing substantial potential for a variety of commercial uses. Its strategic location along Columbia Avenue, within a shadow-anchored retail environment, further enhances its appeal to businesses seeking high visibility and convenient access. The property's APN is 290-2358222-260125-0-0000, and it is currently owned by LIDL US OPERATIONS, LLC. This is an ideal site for developers seeking to capitalize on the area's robust commercial activity and strong demographics. The asking price for this exceptional opportunity is $500,000. The property is available for sale or lease. Serious inquiries are encouraged. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Lancaster County location.

    Property Features for 2001 Columbia Ave

    General Information

    Property type
    Land
    Lot Size
    14,375 SF

    HighLights

    • $500,000 asking price for 0.33‑acre commercial land parcel.
    • High‑traffic location with over 17,000 AADT.
    • Pad site available for development in front of a high‑volume grocery store.
    • Shadow‑anchored retail location on Columbia Avenue in Lancaster, PA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lidl Grocery Store

    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
    -76.359327347791
    Latitude
    40.038969279881

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    FAQs

    What type of property is this?
    Land - High-traffic pad site, 0.33 acres.
    Where is this land located?
    The property is located at 2001 Columbia Ave Lancaster, PA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for 0.33-acre commercial land parcel.; High-traffic location with over 17,000 AADT.; Pad site available for development in front of a high-volume grocery store.
    (610) 234-6491
    Request Owner's contact information
    2001 Columbia Ave Lancaster, PA 17603
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    Lancaster, PA 17603
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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
    2001 Columbia Ave Lancaster, PA 17603
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