Property profile

2720 Columbia Ave Lancaster, PA 17603

OFF-MARKET
Auto shops
Property ID
US73-1704227
2,585 SF 0.5 ac lot Built 1956
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,585-square-foot commercial building on a 0.5-acre lot, located on Columbia Avenue in Lancaster County, Pennsylvania. It includes three garage bays and a dedicated office area, and has historically been used as an auto repair and service shop, with layout and infrastructure suitable for continued automotive service use or related commercial operations. The site is positioned along a primary roadway providing street visibility to passing traffic.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,585 SF
Lot 0.5 ac (21,780 SF)
Zoning code GC
APN 410-87933-0-0000
UPID US73-1704227

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

2720 Columbia Ave Lancaster, PA 17603-4116
Lancaster metro Census 13703 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$525k
Blend (final) Blend
$370k

Owner & transaction history

since 2026
Last sale
$565,000
5 recorded transactions
2026
$565,000
2004
$232,500
2003
$250,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Lancaster, PA
Top alternative use upside
Commercial (general) $670,000 +68.9%
Medical building $590,000 +48.4%
Retail stores $565,000 +41.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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