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Property profile & analytics
FOR LEASE
Strip malls

903 Nissley Rd Lancaster, PA 17601

11,705 SF 1.9 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
Property ID
US73-1677488
Property summary
AI-generated overview

This 3,696 square foot retail space is ideally situated in the heart of East Hempfield Township, offering excellent visibility and accessibility. Located near major roadways, Routes 30 and 283, this single-tenant property benefits from proximity to affluent residential areas, ensuring a strong potential customer base. The space boasts a versatile layout featuring an open floor plan, perfect for customization to suit various retail needs. Large storefront windows provide ample natural light and excellent street visibility, enhancing the overall appeal. In addition to the main retail area, the property includes a dedicated office space, providing a functional area for administrative tasks or client meetings. Convenient storage space is also available, addressing the practical needs of a busy retail operation. A restroom is included for employee and customer use. The property is zoned for Community Business Center use, offering flexibility for a range of retail businesses. This location provides a unique opportunity to establish a thriving retail presence in a high-traffic area with strong demographics. The combination of convenient location, versatile layout, and ample amenities makes this property an exceptional investment opportunity for discerning retail businesses. Contact us today to schedule a viewing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,705 SF
Lot 1.9 ac (82,764 SF)
Zoning code LC
APN 290-35415-0-0000
UPID US73-1677488
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
  • Wiley's Pharmacy Pharmacy
  • Melange Hair Studios Hair Salon Nail Salon
  • Brian T. Straub, Pharm Pharmacy
  • Catherine A. Schopf, RPH Pharmacy
  • Lambrynee C. Maillis, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
$441k
Blend (final) Blend
$530k
Owner & transaction history
J & S PROPERTIES INC
J & S PROPERTIES INC
Zoning & alternative use
LC · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $755,000 +83.0%
Warehouse, storage $510,000 +23.8%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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