35 Willowdale Dr Lancaster, PA 17602
- Banks
- 630 SF
- 0.65 lot acres
Current Use by Public Records
- LOFT Outlet / Women'S Clothing Store / Clothing Store
- Lane Bryant Outlet / Women'S Clothing Store / Clothing Store
- Cracker Barrel Old Country Store / Restaurant / Southern Restaurant (Us)
- Reading China & Glass / Kitchen Supply Store / Cutlery Store
- Calendar Club / Club
Property Details for 35 Willowdale Dr
- Year built
- 1988
- Construction
- WOOD FRAME
- Lot size
- 0.65 lot acres
- Property size
- 630 SF
- Zone code
- C-2
- Property type
- Banks
- APN
- 310-22548-0-0000
- APU
- 3102254800000
Description
This exceptional 319,675 square foot retail center, situated on a 60.87-acre lot in Lancaster, Pennsylvania, presents a compelling investment opportunity. The Shops @ Rockvale boasts a prime location on Route 30, a major thoroughfare, benefiting from high visibility and substantial traffic flow. Currently featuring over 30 stores and restaurants, there are 17 available spaces ranging from 1,341 to 29,850 square feet, catering to a variety of retail and restaurant concepts. The property is zoned C3 - Regional Commercial, allowing for diverse uses. Its strategic location near popular attractions such as Dutch Wonderland, Cartoon Network Hotel, and Sight & Sound Theatres, coupled with its proximity to major retailers like Target, Walmart, and Kohl's, ensures consistent foot traffic and strong consumer demand. Ample parking and excellent frontage further enhance the property's appeal. This thriving retail center offers a unique chance to capitalize on the continued growth of Lancaster's retail market and its robust tourism sector. The property's size and established tenant base provide a solid foundation for future expansion and increased profitability. This is a rare opportunity to acquire a well-established, high-traffic retail center in a desirable location. The address is 35 S Willowdale Dr, Lancaster, PA 17602.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $390,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $385,000
- Mixed-Use
- $370,000
- Hospitality
- $485,000
- Educational
- $385,000
- Residential Income
- $475,000
- Energy
- $420,000
- Income-Based Land
- $435,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.1977
- Latitude
- 40.0224
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA