11973 Buchanan Trl Waynesboro, PA 17268
- Banks
- 0.92 lot acres
Current Use by Public Records
- Banks
Property Details for 11973 Buchanan Trl
- Lot size
- 0.92 lot acres
- Property type
- Banks
- APN
- 23-Q13P-8
- APU
- 23Q13P8
Description
This exceptional retail property, located at 11973 Buchanan Trail East in Waynesboro, Pennsylvania, presents a compelling investment opportunity. Situated on a 0.92-acre lot with 169 feet of road frontage along the busy Pennsylvania Route 16 (Buchanan Trail East), this property boasts unparalleled visibility and accessibility. The building, formerly a bank branch, offers 2,888 square feet of renovated retail space, perfectly suited for a variety of commercial uses. Ample parking is available for customers and employees. The property's prime location in a bustling commercial area, near a major retailer like Lowe's, ensures consistent high traffic flow. Currently leased to a small business, this income-producing asset offers a stable return on investment. The property's strategic location and substantial road frontage make it an ideal choice for businesses seeking high visibility and convenient access for customers. This is a rare opportunity to acquire a well-maintained, income-generating retail property in a thriving commercial corridor. A non-disclosure agreement is required for further details.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $445,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $445,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $520,000
- Mixed-Use
- $470,000
- Hospitality
- $555,000
- Educational
- $470,000
- Residential Income
- $415,000
- Energy
- $540,000
- Income-Based Land
- $470,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.5201
- Latitude
- 39.7386
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA