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Property profile & analytics
FOR LEASE
Industrial land

1850 William Penn Way Lancaster, PA 17601

3.4 ac lot Built 1989
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1567284
Property summary
AI-generated overview

This exceptional Lancaster, PA office space at 1850 William Penn Way offers a prime location within a business park setting. The first-floor suite, totaling 3,553 square feet, is adaptable and can be divided into two smaller units of 2,381 and 1,172 square feet, providing flexibility for various business needs. The property features abundant natural light, creating a bright and welcoming atmosphere. The layout thoughtfully incorporates a blend of open collaborative areas perfect for teamwork and individual private offices ensuring privacy and focus. A key feature is a private patio area, offering an outdoor space for relaxation or informal meetings. Internal amenities include a dedicated workroom, a convenient kitchenette/breakroom for employee convenience, and a spacious conference room with stunning views of one of the property's ponds. The building offers ample parking with 75 spaces available for tenants and their guests. The property is zoned for business park use, ensuring compatibility with a wide range of professional businesses. This Class A office space presents a unique opportunity to establish a thriving business in a desirable and well-equipped setting. The address is 1850 William Penn Way, Lancaster, PA 17601.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1989
Lot 3.4 ac (148,104 SF)
Zoning code C-2
APN 310-51720-0-0000
UPID US73-1567284
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
  • Mark Green, Liberty Mutual Insurance Agent Insurance Agency
  • Bellomo & Associates, LLC Law Firm
  • Shiron Jones, Insurance Agent | Comparion Insurance Agency Insurance Agency
  • Shiron Jones, Insurance Agent | Liberty Mutual Insurance Insurance Agency
  • Shiron Jones Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
High Properties · 9 yrs held
High Properties
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
C-2 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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