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Property profile & analytics
OFF-MARKET
Warehouses

1888A Commerce Park Lancaster, PA 17601

Property ID
Property summary
AI-generated overview

This exceptional 10,000-square-foot industrial warehouse property, located at 1888A Commerce Park East in Lancaster, Pennsylvania, offers a compelling opportunity for businesses seeking efficient and strategically located space. The property boasts approximately 8,000 square feet of warehouse space, complemented by 2,000 square feet of climate-controlled office, showroom, or assembly space. The warehouse features a largely clear-span design with 13-foot ceilings, durable concrete floors, and three-phase electrical service. Loading and unloading are facilitated by two loading docks and a convenient drive-in door. The office area, approximately 1,500 square feet of which is a recent addition, offers central heating and air conditioning. This addition is potentially removable to increase warehouse space if needed. The property benefits from excellent visibility, with prominent signage on the monument sign and building façade. Ample parking is available directly in front of and beside the building, allowing for flexible arrangement to maximize capacity. Additional overflow parking is conveniently located in a shared lot. Situated in East Lampeter Township and zoned I-1, this property provides easy access to Route 30, ensuring seamless connectivity to major metropolitan areas including Philadelphia, Baltimore, Washington, D.C., and New York City. The monthly rent is competitively priced at $7.25 per square foot ($6,041.67 per month). Tenant responsibilities include electricity, gas, grounds maintenance and snow removal around the leased premises, and annual property taxes estimated at $9,117.70 (billed by the property manager). Landlord pays for property insurance.

Property profile
Verified
Property type Warehouses
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
  • Walker Supply Inc. Big Box & Wholesale Store Agricultural Supply
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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