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    903 Market St Elizabethtown, PA 17022

    Sponsored
    For Sale
    $1,600,000

    High-ROI retail assemblage, prime location.

    Property size:
    1,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a mixed-use assemblage of rental properties ideally situated in Elizabethtown Borough, Pennsylvania. The property consists of four parcels totaling between 0.1 and 0.64 acres, encompassing a combined square footage ranging from 1,212 to 5,900 square feet. The assemblage includes addresses at 903 S Market St, 920 S Spruce St, 925-927 S Market St, and 931 S Market St, all within the 17022 zip code. The properties are zoned GC - General Commercial, offering significant redevelopment potential. Currently generating a Net Operating Income (NOI) of $48,264, this assemblage presents a compelling opportunity for investors seeking either a strong, existing income stream or a strategic redevelopment project. The strategic location at a signalized intersection further enhances its value and potential for future growth. The Lancaster County location provides easy access to major transportation routes and a thriving local market. The asking price for this unique opportunity is $1,600,000. Property APNs are: 250-01383-0-0000

    Property Features for 903 Market St

    General Information

    Property type
    Retail properties
    Square Feet
    1,212 SF
    Lot Size
    4,356 SF

    HighLights

    • Mixed‑use rental property assemblage in Elizabethtown Borough.
    • Excellent redevelopment opportunity at a signalized intersection, suitable for both redevelopment and investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.5963735
    Latitude
    40.1437066

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    FAQs

    What type of property is this?
    Retail property - High-ROI retail assemblage, prime location.
    Where is this retail property located?
    The property is located at 903 Market St Elizabethtown, PA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Mixed-use rental property assemblage in Elizabethtown Borough.; Excellent redevelopment opportunity at a signalized intersection, suitable for both redevelopment and investment.;
    (717) 735-6000
    Request Owner's contact information
    903 Market St Elizabethtown, PA 17022
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    Elizabethtown, PA 17022
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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
    903 Market St Elizabethtown, PA 17022
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