1127 State St Ephrata, PA 17522
- Retail space
- 92,217 SF
- 11.50 lot acres
Current Use by Public Records
- Sears Appliance Repair / Washer & Dryer Repair Service / Appliance Repair Service
- ChargePoint Charging Station / Electric Vehicle Charging Station
- Good's Store / Department Store / Fabric Store
Property Details for 1127 State St
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 11.50 lot acres
- Property size
- 92,217 SF
- Zone code
- C
- Property type
- Retail space
- APN
- 270-60010-0-0000
- APU
- 2706001000000
Description
This exceptional 1.5-acre commercial pad site, located at 1127 S State Street in Ephrata, Pennsylvania, presents a unique opportunity for businesses seeking a prime location in Lancaster County. Zoned (C) Commercial, this single-tenant property offers significant potential for development. The expansive lot size provides ample space for a variety of commercial ventures, allowing for substantial building construction and ample parking. The property's address is 1127 S State St, Ephrata, PA 17522, offering excellent visibility and accessibility. Its convenient location within Ephrata ensures easy access to local amenities, a strong workforce, and key transportation routes. This is a blank canvas for your next commercial project, allowing for complete customization to meet your specific business needs. The property is currently available for lease, providing an immediate opportunity to establish a presence in this thriving community. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The property is classified as Commercial Land and is a Commercial Pad Site. The total building square footage is listed as 1 square foot, indicating the land is undeveloped and ready for construction. This presents a rare chance to build a new commercial structure tailored to your business requirements. The property's geographic coordinates are 40.1684403 latitude and -76.1998274 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,830,000
- 6.5%
- $4,845,000
- 7%
- $4,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,785,000
- Geo Method
- $4,210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,995,000
- Retail
- $4,080,000
- Mixed-Use
- $5,065,000
- Hospitality
- $4,685,000
- Educational
- $4,995,000
- Residential Income
- $4,995,000
- Energy
- $5,005,000
- Income-Based Land
- $4,355,000
- Food Service
- $4,595,000
Location Insight
- Map
- Local Demand
- City
- Ephrata
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.2002
- Latitude
- 40.1681
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
