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Property profile & analytics
OFF-MARKET
Land

1201 Memory Ln York, PA 17402

Property ID
Property summary
AI-generated overview

This exceptional commercial pad site, located at 1201 Memory Ln Exd in York, Pennsylvania (zip code 17402), is offered at $499,900. Zoned Commercial Highway, this property boasts a prime location at a signalized intersection, providing excellent visibility and accessibility. Its strategic position offers easy access to US Route 30 and Interstate 83, placing it within a 20-minute drive of Lancaster. The site is surrounded by a thriving mix of national and regional retailers, offices, and residential areas, ensuring strong traffic counts and a desirable demographic profile. Multiple points of ingress and egress facilitate convenient access for customers and employees. Shared access with an adjacent retail center further enhances convenience. All public utilities are conveniently located at the curb, simplifying development plans. The Commercial Highway zoning permits a wide variety of uses, making this a versatile and attractive opportunity for developers seeking a high-impact location in a growing market. This pad site presents a unique chance to capitalize on the strong existing infrastructure and vibrant surrounding community.

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
Current use
Occupant on record · Public records
  • LHM Physical Therapy Institute Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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