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    Property profile & analytics
    OFF-MARKET Estimated value $2,655,000
    Manufacturing properties

    171 Greenfield Rd, Lancaster, PA 17601-5814

    26,250 SF 3.6 ac lot Built 1995
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US73-1466528
    Property summary
    AI-generated overview

    This exceptional 2,500 square foot flex space is available for sublease within a larger 26,250 square foot industrial building located at 171 Greenfield Road. The space is ideally suited for general office and professional services users and features several private offices, a conference room, open workspace, and private restrooms. The unit is situated in the front right corner of the building, providing ample natural light from numerous windows. The lease is a gross lease, with a base year established. Currently, common area maintenance (CAM) and utilities are included in the rent at a rate of $3.03 per square foot. The building offers convenient access to Route 30 and Greenfield Road, along with plentiful parking directly in front. This sublease opportunity presents a well-appointed, move-in ready space within a well-located industrial building. The space is demised from the existing tenant, BDS, who occupies the remainder of the building. Zoning for the property is Industrial. The property type is Industrial with a Flex subtype and multiple tenancy.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1995
    Construction STEEL FRAME
    Total area 26,250 SF
    Lot 3.6 ac (156,816 SF)
    Zoning code I
    APN 310-42692-0-0000
    UPID US73-1466528
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Brown Transmission & Bearing Co. Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.25M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.66M
    Owner & transaction history
    High Properties · 3 yrs held
    High Properties
    since 2022
    Last sale
    $2.6M
    6 recorded transactions
    2022
    $2.6M
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    I · Lancaster, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $4.0M +34.1%
    Warehouse, storage $3.6M +18.4%
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