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Property profile & analytics

1255 Market St Elizabethtown, PA 17022-2903

  • Office Properties & Spaces
  • 5,200 SF
  • 0.78 lot acres
OFF-MARKET
Value Estimations
$1,015,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-5786543
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

  • Office Properties & Spaces

Property Details for 1255 Market St

Year built
1988
Construction
BRICK
Lot size
0.78 lot acres
Property size
5,200 SF
Zone code
C-G
Property type
Office Properties & Spaces
APN
250-58199-0-0000
APU
2505819900000

Description

This exceptional 1,200 square foot commercial office space, situated at 1255 S Market Street Unit 102 in Elizabethtown, Pennsylvania, presents a remarkable opportunity for businesses seeking a prime location. Boasting a highly desirable first-floor position, this turn-key space benefits from exceptional visibility and accessibility, situated in a high-traffic area with an estimated 26,000 vehicles passing daily. The open layout and modern finishes provide a versatile environment, adaptable to a wide range of business needs. The property sits on a 0.78-acre lot, offering ample space and potential for future expansion. Rent is $1,300 per month, a truly comprehensive rate that includes all utilities, common area maintenance (CAM) fees, and building maintenance, eliminating the complexities and uncertainties often associated with additional operational costs. This all-inclusive rental structure ensures a hassle-free and predictable budget for your business. This is an unparalleled opportunity to establish or expand your business in a thriving commercial area with exceptional visibility and convenience. The space is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,075,000
    6.5%
    $995,000
    7%
    $925,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $957,000
    Market price range: $487k - $1.38M
    AI Estimate
    $1,090,000
    Market price range: $470k - $1.51M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $830,000
    Current use
    RESTAURANT
    $1,055,000
    Change: +27% Conversion: Difficult
    MEDICAL BUILDING
    $1,050,000
    Change: +26% Conversion: Easy
    AUTO REPAIR, GARAGE
    $865,000
    Change: +4% Conversion: Difficult
    RETAIL STORES
    $830,000
    Change: -0% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Elizabethtown
County
Lancaster
State
Pennsylvania
Longitude
-76.5908
Latitude
40.1409
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
$13,449
$116,800
$362,200
$479,000
-
$116,800
$362,200
$479,000
More about this property
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