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    1201-B Lancaster Rd Manheim, PA 17545

    For Lease
    Contact for pricing

    4-Acre Pad Site, High Visibility Location

    Lot size:
    174,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4-acre commercial land parcel presents a prime development opportunity in the thriving Manheim, Pennsylvania market. Strategically located at 1201-B Lancaster Road, this single-tenant site boasts unparalleled visibility due to its placement on a fully signalized intersection with high daily traffic volume (16,000 vehicles per day). Its ideal location offers easy access and high exposure for potential businesses. The property's size allows for the development of multiple pad sites, catering to a variety of commercial uses including medical, grocery, and retail establishments. This location benefits from its proximity to a successful, newly constructed 45,780 square foot shopping center, Penn Towne Center, anchored by established national tenants such as Sheetz, Dollar Tree, Arby's, and Cricket Wireless. Further enhancing its appeal, the site is conveniently located near other major national retailers including McDonald's, Grocery Outlet, and Dollar General, as well as Lancaster General Health. This presents a unique chance to capitalize on a high-traffic area with strong existing commercial activity and a diverse consumer base in Lancaster County. The property is zoned for commercial use (verification required). This is an exceptional opportunity for developers seeking a high-visibility location with significant growth potential. The property is ready for immediate development.

    Property Features for 1201-B Lancaster Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    174,240 SF

    Unit(s) available at that property

    Space
    Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Nail Salon Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manheim
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3816574
    Latitude
    40.1372606

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    FAQs

    What type of property is this?
    Land - 4-Acre Pad Site, High Visibility Location
    Where is this land located?
    The property is located at 1201-B Lancaster Rd Manheim, PA.
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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
    1201-B Lancaster Rd Manheim, PA 17545
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