2495 Lincoln Hwy E Lancaster, PA 17602
- Community centers
- 49,000 SF
- 7.60 lot acres
Current Use by Public Records
- Dollar Tree / Dollar Store / Craft Store
- Formula Fitness / Physical Fitness Program / Aerobics Instructor
- Vita Empower / Physical Fitness Program / Personal Trainer
- T-Mobile Authorized Retailer / Internet Service Provider / Cell Phone Accessory Store
- VCA Bridgeport Animal Hospital / Animal Hospital
Property Details for 2495 Lincoln Hwy E
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.60 lot acres
- Property size
- 49,000 SF
- Zone code
- C-2
- Property type
- Community centers
- APN
- 310-17705-0-0000
- APU
- 3101770500000
Description
Lincoln Square, a single-story, 62,322 square foot retail strip center in Lancaster, PA, presents a unique investment opportunity. Built in 1988 and extensively renovated in 2024, this property boasts 16 suites ranging from 2,525 to 11,550 square feet, offering flexibility for various retail concepts. Situated on a 283,026 square foot lot at 2495 Lincoln Hwy E, Lancaster, PA 17602, the center benefits from high visibility due to its prime location on a major thoroughfare. The C2 zoning allows for a diverse range of retail uses. Ample parking is available for customers and tenants. The property's location in the heart of Lancaster provides access to a thriving community with numerous amenities, including popular restaurants, shops, and attractions like Dutch Wonderland and Sight & Sound Theatre. The surrounding area is experiencing significant growth with new residential and retail developments, ensuring a strong and expanding customer base. This property offers expansive windows for optimal visibility and customizable floor plans to suit individual tenant needs. The property's recent renovation ensures modern design and functionality, creating an attractive environment for businesses seeking to establish a strong presence in this vibrant Lancaster community. The Lancaster County Assessor's Parcel Number (APN) is 310-2404177-255305-0-0000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,980,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,785,000
- 6.5%
- $8,250,000
- 7%
- $7,945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,005,000
- Geo Method
- $8,365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,860,000
- Retail
- $7,945,000
- Mixed-Use
- $8,850,000
- Hospitality
- $7,310,000
- Educational
- $8,925,000
- Residential Income
- $9,200,000
- Energy
- $10,055,000
- Income-Based Land
- $7,225,000
- Food Service
- $7,845,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.1943
- Latitude
- 40.0236
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
