Property profile

1717 West Main St Ephrata, PA 17522

FOR LEASE
Super regional malls
Property ID
US73-5923317
98,064 SF 11.8 ac lot Built 1983
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Commercial property located at a traffic-signal intersection along a major business corridor in the Ephrata metro area, minutes from Reading Road (Route 272) and the PA Turnpike (Route 76). The property comprises two parcels located in both Ephrata and Clay Townships, including parcel IDs 270-70133-0-0000 and 270-24060-0-0000. The site includes an approximately 38,000-square-foot retail building that remains after a fire-related demolition of portions of the structure.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1983
Construction STEEL FRAME
Total area 98,064 SF
Lot 11.8 ac (514,008 SF)
Zoning code C
APN 270-70133-0-0000
UPID US73-5923317

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Home Appliance Store Hardware & Home Improvement
  • Grocery & Convenience Store Food Market

Location

1717 West Main St Ephrata, PA 17522
Ephrata metro Census 12403 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$1.97M

Owner & transaction history

since 2016
4 recorded transactions
2016
$222,400
2016
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

C · Ephrata, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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