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    Property profile & analytics

    1875 Hempstead Rd Lancaster, PA 17601-5671

    • Outlet malls
    • 142,463 SF
    • 12.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-1451271
    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.

    Current Use by Public Records

    • Costco Bakery / Bakery
    • Costco Pharmacy / Pharmacy
    • Thomas J. Sparks, RPH / Pharmacy
    • Costco Optical / Optician
    • Costco Food Court / Food Court

    Property Details for 1875 Hempstead Rd

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    12.70 lot acres
    Property size
    142,463 SF
    Zone code
    SM
    Property type
    Outlet malls
    APN
    810-48533-0-0000
    APU
    8104853300000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.2568
    Latitude
    40.0526
    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
    $222,615
    $1,242,000
    $5,955,700
    $7,197,700
    -
    $1,242,000
    $5,955,700
    $7,197,700

    Comparable in this City

    • Value Estimation
      $435,000
      14,006 SF

      401 Juliette Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 14,006 SF
      401 Juliette Ave, Lancaster, PA 17601-4357
      View Details
    • Value Estimation
      $1,105,000
      38,256 SF

      1320 Manheim Pike

      WHOLESALE OUTLET, DISCOUNT STORE • 38,256 SF
      1320 Manheim Pike, Lancaster, PA 17601-3124
      View Details
    • Value Estimation
      $595,000
      12,540 SF

      610 Delp Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 12,540 SF
      610 Delp Rd, Lancaster, PA 17601-3035
      View Details
    • Value Estimation by Request
      149,839 SF

      834 Plz Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 149,839 SF
      834 Plz Blvd, Lancaster, PA 17601-2738
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    • Value Estimation
      $645,000
      16,934 SF

      1520 Commerce Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 16,934 SF
      1520 Commerce Dr, Lancaster, PA 17601-2749
      View Details
    • Value Estimation
      $1,135,000
      36,040 SF

      1271 Manheim Pike

      WHOLESALE OUTLET, DISCOUNT STORE • 36,040 SF
      1271 Manheim Pike, Lancaster, PA 17601-3121
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      202,790 SF

      Lancaster Neighborhood Shopping Center

      202,790 SF shopping center anchored by LA Fitness, Marshalls, Staples.
      1280 Lititz Pike, Lancaster, PA 17601
      View Details
    • New
      $300,000

      Lancaster County Restaurant Liquor License

      Restaurant liquor license transferable within Lancaster County, Pennsylvania.
      102 103, Lancaster, PA 17601
      View Details
    • Contact for pricing

      Retail Space on Fruitville Pike

      Retail space with dedicated entrance and shared parking.
      1700 Fruitville Pike, Lancaster, PA 17601
      View Details
    • $1,100,000

      Turnkey Car Wash Business Opportunity

      Established car wash business with modern facilities on high-visibility lot.
      320 Granite Run Dr, Lancaster, PA 17601
      View Details
    • $300,000

      Lancaster County Liquor License

      Liquor license for sale in Lancaster County, Pennsylvania.
      Pa Liquor License, Lancaster, PA 17601
      View Details
    • $1,775,000
      2.12 Acres

      Lancaster Industrial Land - $1.775M

      Prime Lancaster County industrial lots
      0 Corporate Blvd And Marietta Ave, Lancaster, PA 17601
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      1,300 SF

      Retail Space in Chelsea Square

      Retail space available in Lancaster's Chelsea Square shopping center.
      1603-1647 Manheim Pike, Lancaster, PA 17601
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    • Contact for pricing
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      Retail space available in a busy Lancaster shopping center.
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    • $22 SF/Yr
      3,300 SF

      Retail Center on Oregon Pike

      22,117 SF retail center with high traffic and demographics.
      109-113 Butler Ave, Lancaster, PA 17601
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    • Contact for pricing
      1,627 SF

      Retail Center on Fruitville Pike

      High-visibility retail spaces available in Manheim Township, Lancaster.
      1347 Fruitville Pike, Lancaster, PA 17601
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    • $8,057 /Mo
      344,124 SF

      Bloomfield Village Retail Space Available

      Retail space for lease in a busy Lancaster shopping center.
      235-245 Bloomfield Dr, Lancaster, PA 17601
      View Details
    • Contact for pricing
      2,387 SF

      Lancaster Retail Space For Rent

      Retail space available within Lancaster Shopping Center.
      1625 Lititz Pike, Lancaster, PA 17601
      View Details

    Property Visit Statistics

    • Visits by month
      245.1k
    • Visitors by month
      148.7k
    • Avg Time on site
      42 min
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    1875 Hempstead Rd
    Lancaster, PA 17601-5671
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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