Technical
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Property profile

1201 Memory Ln York, PA 17402

OFF-MARKET
Land
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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

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1201 Memory Ln York, PA 17402
York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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