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Property profile & analytics
OFF-MARKET Estimated value $570,000
Retail space

Columbia Ave Millersville, PA 17551

5,152 SF 0.21 ac lot Built 1964
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-5696595
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction BRICK
Total area 5,152 SF
Lot 0.21 ac (9,148 SF)
Zoning code GC
APN 410-78998-0-0000
UPID US73-5696595
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
by Request
Comparable Approach Comparable
$660k
Blend (final) Blend
$570k
Owner & transaction history
Zachariah A Gieg · 10 yrs held
Zachariah A Gieg
since 2015
2 recorded transactions
2015
$290,000
2008
$255,000
Zoning & alternative use
GC · Millersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

GC General Commercial District: to provide for a wide range of commercial uses, including auto-related uses that are prohibited in other areas of the Borough; to provide for limited types of industrial uses, while recognizing that there are no appropriate locations within the Borough of Millersville for most types of industrial uses, because of the proximity…

Zone name General Commercial
General category INDUSTRIAL
Zone area 13.77 ac
Top alternative use upside
Auto repair, garage $860,000 +3.3%
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