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    2031 Lincoln Hwy Lancaster, PA 17602

    For Lease
    $2 SF/Yr

    High-traffic Lancaster County land, retail/fast food ideal.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.8-acre commercial land parcel (34,848 square feet) presents a prime opportunity for retail or fast-food establishments. Strategically located on heavily trafficked Lincoln Highway East in Lancaster County, this property boasts excellent visibility and accessibility. A traffic signal at the entrance ensures easy ingress and egress, maximizing convenience for customers. The site is directly across from a Walmart Plaza, guaranteeing high foot traffic and brand recognition benefits. This property is zoned COMMERCIAL, offering flexibility for various business ventures. The asking price is $485,000 for outright purchase. Alternatively, a ground lease option is available at an annual rate of $85,000. A prominent sign is already in place, enhancing visibility and marketing potential. This is an exceptional opportunity to establish a thriving business in a high-demand location. Don't miss this chance to secure a prominent position in a bustling commercial area.

    Property Features for 2031 Lincoln Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $2

    HighLights

    • 0.8‑acre commercial land parcel in Lancaster County.
    • 34,848 square feet of commercially zoned land.
    • Single‑tenant opportunity ideal for retail or fast food.
    • High‑traffic location on Lincoln Hwy E with excellent visibility and signalized access.
    • Offered for sale at $485,000 or ground lease at $85,000 annually.
    • Located directly across from Walmart Plaza.
    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 County land, retail/fast food ideal.
    Where is this land located?
    The property is located at 2031 Lincoln Hwy Lancaster, PA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 0.8-acre commercial land parcel in Lancaster County.; 34,848 square feet of commercially zoned land.; Single-tenant opportunity ideal for retail or fast food.
    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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