1085 Manheim Pike Lancaster, PA 17601
- Office Properties & Spaces
- 7,268 SF
- 0.60 lot acres
Current Use by Public Records
- Alan Manufacturing & Supply / Manufacturer
- Waterfall Systems / Water Softening Equipment Supplier
- Lancaster Networks / Computer Consultant
- Desmond Construction Inc / Real Estate Developer
Property Details for 1085 Manheim Pike
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.60 lot acres
- Property size
- 7,268 SF
- Zone code
- CM
- Property type
- Office Properties & Spaces
- APN
- 339-04087-0-0000
- APU
- 3390408700000
Description
This exceptional property at 1085 Manheim Pike in Lancaster, PA, offers 7,820 square feet of versatile commercial space, ideal for a variety of businesses. The property features two distinct units. Unit A, totaling approximately 1,961 square feet, comprises a spacious reception area, three large private offices, one smaller private office, a sizable conference/training room, and two restrooms. This unit boasts a prominent Manheim Pike frontage, ensuring high visibility. Unit B, a unique flex space of approximately 5,859 square feet, presents endless possibilities. It offers two entrances – one from the side and another at the rear, perfect for deliveries or handicap accessibility. This unit includes a private office, two large open flex areas, a bathroom, and a room equipped with a commercial kitchen hood system and walk-in units. The property sits on a 0.6-acre lot and is classified as a Class B building constructed in 1980. Its location on Manheim Pike (PA Route 72) provides excellent access to US Route 30 and Route 283, placing it within easy reach of Lancaster City. The property is zoned for Central Manufacturing (CM), offering flexibility for various business types. The single-building property has a Lancaster County address and APN 339-04087-0-0000. This is a multi-tenant property offering a blend of traditional office and flexible workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $780,000
- 6.5%
- $745,000
- 7%
- $720,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $820,000
- Retail
- $695,000
- Mixed-Use
- $720,000
- Hospitality
- $685,000
- Educational
- $705,000
- Residential Income
- $890,000
- Energy
- $770,000
- Income-Based Land
- $695,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3155
- Latitude
- 40.0576
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA