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Property profile & analytics
OFF-MARKET
Land

1201-B Lancaster Rd Manheim, PA 17545

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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