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    16 Graybill Rd Leola, PA 17540-1908
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    Property profile & analytics

    16 Graybill Rd, Leola, PA 17540-1908

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    • Retail space
    • 21,194 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Dec 13, 2024
    $1,600,000
    Property ID
    US73-2237241
    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.

    Value Estimations
    $1,600,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Harry's Furniture Center / Furniture & Home Goods / Home Decor Store

    Property Details for 16 Graybill Rd

    Year built
    1940
    Construction
    STEEL FRAME
    Lot size
    1.00 lot acres
    Zone code
    MU
    Property type
    Retail space
    APN
    360-22745-0-0000
    APU
    3602274500000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 13, 2024 $1,600,000 Armar Properties LLC Richard S Harry Deed $1.3M · Bank Of Bird In Hand
    Jun 19, 2017 — Donna K Masser Harry,dale E Grant Deed —
    Dec 12, 2016 — Richard S Harry Harry Myrtle S Quit Claim Deed · related —
    Dec 27, 2007 — Harry Richard L Family Trust Harry,richard L Quit Claim Deed —
    — — Richard L Harry — Deed Of Trust · related $20k · Bank Of Lancaster County NA

    Description

    This exceptional mixed-use investment opportunity presents two freestanding retail buildings totaling over 29,380 square feet situated on a 1.81-acre lot in Leacock-Leola-Bareville, PA. Conveniently located just off Route 23, this property boasts 50 parking spaces and offers significant flexibility with its MU (Mixed Use) zoning in Upper Leacock Township. The buildings, constructed in 1940, provide a combined 10,202 to 19,178 square feet of main-level retail space, with additional square footage available in upper levels and outbuildings. The asking price is $2,050,000, translating to approximately $69.78 per square foot. The property's ample space and versatile zoning permit a wide range of uses, including retail, daycare, and medical/dental/professional offices. The property features a 600-amp, 3-phase electrical service (PPL). The parcel's APN is 360-22745-0-0000, and ownership is fee simple. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,600,000
      ML approach
      $1,600,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,265,000
      Market price range: $877k - $2.58M

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


    Location Insight

    • Map
    • Local Demand
    City
    Leola
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.164
    Latitude
    40.0898
    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
    $26,502
    $125,000
    $1,201,200
    $1,326,200
    -
    $125,000
    $1,201,200
    $1,326,200
    More about this property
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