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Property profile & analytics

1845 William Penn Way Lancaster, PA 17601

  • Office Properties & Spaces
  • 12,325 SF
  • 2.30 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-1408097
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

  • Lancaster County Tax Collection Bureau / Tax Collector'S Office

Property Details for 1845 William Penn Way

Year built
1977
Construction
FRAME
Lot size
2.30 lot acres
Property size
12,325 SF
Zone code
C-2
Property type
Office Properties & Spaces
APN
310-34892-0-0000
APU
3103489200000

Description

This exceptional office space, totaling 4,299 square feet, is available for lease at 1845 William Penn Way in Lancaster, Pennsylvania, 17601. Located in a business park setting, this second-floor space within a multi-tenant building offers a traditional office layout suitable for executive offices or a variety of business needs. The property boasts a convenient location within Greenfield, providing easy access to numerous amenities. The building features abundant parking, with 20+ spaces available for tenants and their guests. The zoning designation is Business Park, ensuring compatibility with a range of office-related uses. The 4,299 square feet of vacant space presents a significant opportunity for businesses seeking a well-situated and functional office environment. The building's central location within Greenfield offers excellent visibility and accessibility. This property is ideal for companies seeking a professional and convenient workspace in a thriving business park setting. The ample parking ensures ease of access for employees and clients alike. The traditional office layout provides a classic and functional workspace, while the executive office subtype suggests a sophisticated and professional atmosphere. This space is ready for immediate occupancy and offers a unique opportunity to establish a presence in a desirable Lancaster location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,550,000
    6.5%
    $2,355,000
    7%
    $2,185,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,440,000
    Market price range: $1.13M - $3.92M

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


Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
Pennsylvania
Longitude
-76.2466
Latitude
40.0526
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
$24,299
$345,000
$855,200
$1,200,200
-
$345,000
$855,200
$1,200,200
More about this property
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