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Property profile & analytics
OFF-MARKET Estimated value $1,210,000
Manufacturing properties

451 2nd St Columbia, PA 17512

16,000 SF 3.6 ac lot Built 1976
Entity Owned 2-yr Hold Free & Clear
Property ID
US73-2588525
Property summary
AI-generated overview

This exceptional 40,000-square-foot industrial warehouse, situated on a spacious 156,816-square-foot lot in Lancaster County, Pennsylvania, presents a significant leasing opportunity. Built in 1976, this single-story Class C building offers ample space for various distribution or warehousing needs. The property boasts four dock-high doors and four drive-in doors, ensuring efficient loading and unloading operations. Its convenient location just off Route 30 in Columbia, PA, provides easy access to major transportation arteries, enhancing logistical efficiency. The property is zoned LI, allowing for a range of industrial uses. The building's single-tenant occupancy ensures a streamlined operational environment. The entire 40,000 square feet is currently vacant and available for lease. Lease terms are negotiable, with a preference for a 3-5 year lease agreement. The property includes a secure parking lot, adding to its overall functionality and security. The property's Assessor's Parcel Number (APN) is 110-17338-0-0000. This is an excellent opportunity for businesses seeking a well-located, functional warehouse space in a thriving Lancaster County market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Construction BRICK
Total area 16,000 SF
Lot 3.6 ac (156,816 SF)
Zoning code LI
APN 110-17338-0-0000
UPID US73-2588525
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.37M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M
Owner & transaction history
M&m Realty Company II · 2 yrs held
M&m Realty Company II
since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A
Zoning & alternative use
LI · Columbia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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