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Property profile & analytics

108 Crystal St Lancaster, PA 17603

  • Warehouses
  • 3,440 SF
  • 0.18 lot acres
For Sale
Last Sale
Dec 28, 2024
$390,000
Value Estimations
Cap Rate Potential
5.9%
Warehouses
Location Intelligence
Property ID
US73-0120748
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • SeamWorks / Sewing Company

Property Details for 108 Crystal St

Year built
1940
Construction
FRAME
Lot size
0.18 lot acres
Property size
3,440 SF
Zone code
R3
Property type
Warehouses
APN
338-78122-0-0000
APU
3387812200000

Description

This exceptional commercial property at 108 Crystal Street, Lancaster, PA, presents a unique investment opportunity. Boasting 3,400 square feet of space, this property is situated on a highly visible corner lot at the intersection of Crystal and First Streets, offering excellent signage potential. The main building features a large, clear-span area ideal for various business uses, complemented by a 1,000-square-foot attached office space providing ample room for administrative functions. Convenient on-site parking accommodates approximately 10 vehicles. The building is equipped with central air conditioning for year-round comfort, and includes two restrooms – one equipped with a shower – and a practical kitchenette. Its location offers immediate proximity to Crystal Park, local restaurants, and other neighborhood amenities, all within easy walking distance. While currently zoned R and operating as a non-conforming use, this property's versatility and prime location make it an attractive proposition for a wide range of businesses seeking a vibrant and accessible city setting. The 0.18-acre lot provides ample space and visibility, making this a truly rare find in the heart of Lancaster City. This is an exceptional opportunity to establish or expand your business in a thriving urban environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $400,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $615,000
    Market price range: $276k - $816k
    AI Estimate
    $378,000
    Market price range: $154k - $554k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $575,000
    Current use
    AUTO REPAIR, GARAGE
    $530,000
    Change: -8% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
Pennsylvania
Longitude
-76.3168
Latitude
40.0362
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,512
$57,700
$81,600
$139,300
-
$57,700
$81,600
$139,300
More about this property
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