Financial
Distress signals
Property profile

1841 Columbia Ave Lancaster, PA 17603

FOR LEASE
Turn key restaurants
Property ID
US73-3389662
3,182 SF Built 1962
Last sale Oct 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Wheatland Shopping Center is a neighborhood retail shopping center totaling 99,252 square feet, located centrally in Lancaster, Pennsylvania, along Columbia Avenue. The property is situated on a roadway with stated traffic counts of approximately 22,000 cars per day. The shopping center is configured with multiple retail spaces and includes national co-tenants such as Dollar General, Tuesday Morning, and Empire Beauty School. The property operates under a net lease structure identified in the listing as NNN, with operating costs allocated to tenants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$425k
Assessed improvement$425k
Effective rate2.16%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$465k
Submarket $/SF estimate$556k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$129 – $360
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop10.5
Furniture Store10.1
Kitchen & Bath10.1

Location

1841 Columbia Ave Lancaster, PA 17603
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2801 Columbia, Lancaster, PA 17603-4118 $2,950,000 Dec 2025 2,442 SF
2207 Marietta, Lancaster, PA 17603-2221 $850,000 Oct 2024 2,562 SF
470 Beaver, Lancaster, PA 17603-5604 $10,000 Sep 2024 2,560 SF
463 Prince, Lancaster, PA 17603-5601 $268,000 Aug 2024 3,160 SF
2910 Columbia, Lancaster, PA 17603-7004 $750,000 Aug 2024 2,580 SF
773 Mnr, Lancaster, PA 17603 $675,000 Aug 2024 3,054 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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