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1004 Willow St Pike Lancaster, PA 17602-4600

OFF-MARKET Manufacturing properties Google Maps
23,500 SF 2.9 ac lot Built 1992
Trust Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.13M
Range $1.02M – $1.24M (±10%)
Property ID US73-5804075

Property summary

AI-generated overview

This exceptional 5,700 square foot manufacturing building, constructed in 2020, is situated on a 2.9-acre lot at 1004 Willow Street Pike in Lancaster, PA 17602. Priced at $1,300,000 ($228.07/sq ft), this vacant property offers significant potential. The building features five 14' x 16' garage doors, 50'+ deep bays, ample office and storage space, and abundant parking. It boasts high-quality construction, including insulation, heating, and air conditioning in the offices. The I/M zoning permits a wide array of uses, including various manufacturing operations, trucking, excavation, contracting, and recreational uses such as breweries, restaurants, gyms, and more. Its prime location on a main route exiting Lancaster City provides excellent visibility and convenient access to major routes leading to Philadelphia, Harrisburg, and surrounding areas. The adjacent Conestoga River adds a unique element to this already attractive property. This is a rare opportunity to acquire a nearly new, versatile industrial building with substantial growth potential in a desirable location. The property is readily available for viewing.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,500 SF
Lot 2.9 ac (126,324 SF)
Zoning code IM
APN 320-33474-0-0000
UPID US73-5804075

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M

Owner & transaction history

since 2025
Last sale
$1.1M
7 recorded transactions
2025
Price N/A
2025
$1.1M
2023
Price N/A
2023
$875,000
2023
Price N/A
2020
Price N/A
2018
$99,900

Zoning & alternative use

IM · Lancaster, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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