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Property profile & analytics

200 Centerville Rd Lancaster, PA 17603-4074

  • Warehouses
  • 43,808 SF
  • 4.50 lot acres
OFF-MARKET
Last Sale
Sep 15, 2020
$2,900,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-0313799
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

  • PAP Technologies / Manufacturer

Property Details for 200 Centerville Rd

Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.50 lot acres
Property size
43,808 SF
Zone code
I-2
Property type
Warehouses
APN
290-23398-0-0000
APU
2902339800000

Description

This exceptional 1.6-acre commercial land parcel, situated in Lancaster, Pennsylvania's Enterprise Zone at 200 Centerville Road (rear), presents a unique build-to-suit opportunity. Located just off Route 30, this site offers significant potential for a new construction project. The property is zoned for various uses, as detailed in the East Hempfield Township Zoning Ordinance (available upon request). The available land can accommodate a building of approximately 18,000-20,000 square feet, with parking provisions dependent on the building's design and local code requirements. Tenants have the flexibility to design and construct a building to their specific needs, subject to necessary approvals. The site benefits from a potential shared drive access with the existing building on the larger 4.5-acre parcel, depending on the proposed development. The lease is a triple net (NNN) agreement, with property taxes to be determined upon project completion. Lessees are welcome to utilize their own builder. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. Detailed information, including site plans and zoning regulations, is available in the property brochure. The address is 200 Centerville Road, Lancaster, PA 17603, with cross access via Prestige Lane. This is a single-tenancy land lease.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
Pennsylvania
Longitude
-76.3936
Latitude
40.0462
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
$30,857
$358,800
$1,069,100
$1,427,900
-
$358,800
$1,069,100
$1,427,900
More about this property
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