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Property profile & analytics
FOR SALE
Grocery and convenience stores

980 S Richland Ave York, PA 17403

3.98 ac lot Built 2019
Entity Owned 10-yr Hold Free & Clear
Property ID
US73-5216105
980 S Richland Ave, York, PA 17403 For Sale
Contact for pricing
980 S Richland Ave, York, PA 17403
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Property summary
AI-generated overview

This exceptional commercial land parcel, located at 980 S Richland Avenue in York, Pennsylvania (zip code 17403), presents a prime investment opportunity. The property, owned by LIDL US OPERATIONS, LLC, is being offered for sale at $900,000. This pad site offers unparalleled visibility on Richland Avenue, boasting an average annual daily traffic count exceeding 18,000 vehicles. Its strategic location provides easy access to a high-volume Lidl grocery store, ensuring significant foot traffic and consumer exposure for any future development. The site benefits from its proximity to York College, contributing to a strong and growing residential population base in the immediate vicinity. This presents a unique chance to capitalize on the established commercial activity and the expanding residential market in this thriving area of York County. The property is classified as commercial land and is ideal for a variety of development projects seeking high visibility and convenient access to a major retail anchor. Serious inquiries are encouraged.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2019
Lot 3.98 ac (173,369 SF)
APN 48-000-29-0001.E0-00000
UPID US73-5216105
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
  • Lidl Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Spring Lane LLC · 10 yrs held
Spring Lane LLC
since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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