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Property profile & analytics
FOR LEASE
Car washes

3711 E Newport Rd Gordonville, PA 17529

4,431 SF 1.1 ac lot Built 1996
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US73-1848992
3711 E Newport Rd, Gordonville, PA 17529 For Lease
$24,000 SF/Yr
3711 E Newport Rd, Gordonville, PA 17529
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Property summary
AI-generated overview

This exceptional commercial property, situated at 3711 E Newport Road in Gordonville, PA, offers 1.1 acres of land and presents a unique leasing opportunity. Currently configured as a laundromat, the building is being offered as a blank slate, ready for tenant build-out to suit their specific needs. The existing bathroom and utility room will remain. Potential uses are diverse, ranging from a small car detailing shop to office or retail space. However, prospective tenants should contact Leacock Township to confirm allowable uses. The property boasts an enviable location on Route 772, just east of Intercourse, benefiting from high visibility and an estimated daily traffic count of 6,500 vehicles. This ensures excellent exposure for any business. The lease is a triple net (NNN) lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. Utilities will be pro-rated with other units on the property. This presents a rare chance to establish a business in a high-traffic area with significant potential for growth. The property's flexible layout and prime location make it an ideal choice for a variety of commercial ventures. Don't miss this opportunity to secure a prominent position in a thriving community. Inquire today to learn more about this exciting leasing opportunity.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,431 SF
Lot 1.1 ac (47,916 SF)
Zoning code C-1
APN 350-38048-0-0000
UPID US73-1848992
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
  • Countryside Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$615k
Blend (final) Blend
$685k
Owner & transaction history
John I King
John I King
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C-1 · Gordonville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +46.7%
Medical building $895,000 +21.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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