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    Property profile & analytics
    OFF-MARKET Estimated value $1,970,000
    Retail space

    820 Plz Blvd, Lancaster, PA 17601-2738

    15,000 SF 1.92 ac lot Built 1981
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US73-1739395
    Property summary
    AI-generated overview

    820 Plaza Boulevard presents a remarkable opportunity to acquire a 15,000-square-foot free-standing retail building situated on a 1.92-acre lot in Lancaster County, Pennsylvania. This single-tenant property enjoys a highly visible location adjacent to the bustling Park City Mall, ensuring exceptional exposure to a large and diverse customer base. The building's strategic placement within a vibrant commercial corridor, surrounded by prominent national and regional anchors such as TJ Maxx, Bonefish Grill, Olive Garden, and BJ's Restaurant & Brewhouse, guarantees significant foot traffic and brand recognition. The versatile space is well-suited for a variety of uses, including medical, retail, and service-oriented businesses, offering considerable flexibility for prospective tenants. The property's net-net-net (NNN) charges are competitively priced at $5.03 per square foot. This exceptional location, combined with the substantial building size and convenient access to major thoroughfares, makes 820 Plaza Boulevard an ideal investment for discerning buyers seeking a high-impact retail presence in a thriving Lancaster County market. The property's ample lot size also provides significant potential for future expansion or development. This is a rare opportunity to secure a prime retail location in a high-traffic area with strong surrounding tenancy.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1981
    Construction BRICK
    Total area 15,000 SF
    Lot 1.92 ac (83,635 SF)
    Zoning code C3
    APN 339-78070-0-0000
    UPID US73-1739395
    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
    $2.72M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.97M
    Owner & transaction history
    Raymours Furniture Company INC · 2 yrs held
    Raymours Furniture Company INC
    since 2023
    3 recorded transactions
    2023
    2019
    2010
    Zoning & alternative use
    C3 · Lancaster, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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