Technical
Financial
Distress signals
Property profile

701 Columbia Ave Lancaster, PA 17603

OFF-MARKET
Retail space
Property ID
US73-2868298
6,729 SF 0.46 ac lot Built 1939
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,729 SF
Lot 0.46 ac (20,038 SF)
Zoning code C2
APN 335-78259-0-0000
UPID US73-2868298

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
  • (Bike/Boat/Book/etc) Store

Location

701 Columbia Ave Lancaster, PA 17603-3634
Lancaster metro Census 600 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.60M
CAP Approach CAP
$1.22M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.60M

Owner & transaction history

since 2024
Last sale
$1.6M
5 recorded transactions
2024
$1.6M
2022
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Lancaster, PA
Zoning description

h may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2, R3, R4, RO, MU (feet) Nonresidential Districts C1,…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.7M +19.0%
Medical building $1.5M +4.5%

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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