1 year on rocket

800 S Queen St, Lancaster, PA, 17603

$3,000,000

1.39 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #PALA2029592
Lot Size1.39 Acres
StatusActive
(ACTIVE)

About 800 S Queen St

Coming Soon! Opportunity to develop 52 residential units and over 6,700 s.f. of commercial / grocery space on a 60,548 s.f. site with 69 parking spaces in a prime submarket of Lancaster, PA. The site is situated in a Qualified Opportunity Zone for additional potential tax benefits to ownership. Current owners have secured municipal approval for the development plan, and the project may be delivered with up to $1.4m in state-backed low interest loans and/or subsidy. Ideally situated along an emerging corridor south of downtown, the site offers attractive unit layouts, ample parking, desirable commercial space, plentiful amenities, and an attractive value proposition for tenants and owners alike. As the Central Pennsylvania rental real estate market flourishes, take advantage of an entitled, tax-favorable investment opportunity in one of the state’s most dynamic cities! Drive-by only - do not attempt to enter property. Offering memorandum available upon request.

Property Details

Property Features

Listing Office:

  • Office Phone: (215) 960-7393
  • Listing Agent: Samantha Lee Miller

Lot Features

Lot Information:

  • Lot Size: 1.39 Acres

School Info

Assigned Schools Information:

  • J. P. McCaskey High School Campus, Public District Grades EE-12
  • Hand Middle School, Public District Grades 6-8
  • Price Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Google Maps

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000

Tax Information:

  • Annual Amount: $37,672
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, PA.

Med. Sold Price

$300.4K

Med. Price/SqFt

$180

Avg. Days On Market

21

# of Sold Homes

93

800 S Queen St vs Lancaster

443 DAYS ON ROCKET

+422 Days

$3,000,000

+$2.6M More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price in Lancaster, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2029592

Listing Office:

  • Office Phone: (215) 960-7393
  • Listing Agent: Samantha Lee Miller

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/29/2024, 12:55:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 2006Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$37,672$1,021,100
2020$37,254$1,021,100
2019$36,696$1,021,100
2018$42,751$1,021,100
2017$42,910$934,200

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7784204
4
/10
  • Price Elementary School

  • 615 Fairview Ave

  • 0.33 miles

  • Public District Grades EE-5

Middle School

school-card-donut-7784205
4
/10
  • Hand Middle School

  • 431 S Ann St

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-7784206
3
/10
  • J. P. McCaskey High School Campus

  • 445 N Reservoir St

  • 1.79 miles

  • Public District Grades EE-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,083. Residents of Lancaster, PA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Lancaster, PA

What are the common housing types in Lancaster, PA?

In Lancaster, roughly 45% of dwellings are single detached homes, and the remaining houses are mainly small apartment buildings and townhouses. The median year of construction for properties in this city is 1975. This city is primarily composed of two bedroom and three bedroom homes. About two thirds of the dwellings in the city are occupied by homeowners and one third are rented.

What are the advantages of living in Lancaster, PA?

Lancaster offers a wide selection of green spaces to enjoy, despite its sometimes busy atmosphere. Public green spaces, such as Buchanan Park and Long's Park, are very well-situated and there are around 20 of them close by for residents to check out, which makes it easy to access them from the majority of locations within the city. Lastly, a good portion of Lancaster is quite quiet, although that is not the case closer to one of the railway lines.

Are essential services in Lancaster, PA convenient?

It is usually feasible for home buyers in this city to buy general and specialty groceries on foot. In addition, a restaurant is generally just around the corner, and a small selection of coffee shops is available as well. It is also easy to reach a variety of clothing stores on foot. In terms of education, locals will appreciate that wherever their home is located in Lancaster, both primary and secondary schools are nearby. Residents have the choice between public and private elementary schools.

How do Lancaster, PA residents get around?

Traveling on foot is practical for home buyers in Lancaster; meeting day-to-day needs is very convenient, and plenty of businesses are quite close by. Driving is also a fairly good transportation option in Lancaster. It is convenient to park.

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Frequently Asked Questions About 800 S Queen St

What is the listing price of this property?

The listing price of 800 S Queen St property is $3,000,000.

What type of property is this?

The property 800 S Queen St is land located in Lancaster, Pennsylvania, 17603.

Is this property for sale now?

Active Listing: 800 S Queen St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 800 S Queen St are:
Price Elementary School: GreatSchools Rating 4/10
Hand Middle School: GreatSchools Rating 4/10
J. P. McCaskey High School Campus: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $37,672 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 9, 2006 for $500,000. (source: MLS/tax record).

How much acreage is this property?

The property 800 S Queen St is 1.39 acres.
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Rocket HomesPennsylvaniaLancaster CountyLancaster17603800 S Queen St

This home is located at 800 S Queen St in Lancaster, PA and zip code 17603. This home sits on a 1.39 acre lot. It has been listed on Rocket Homes since January 10, 2023 and is currently priced at $3,000,000.

While more than 35 listings in Lancaster, PA in February 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 25 were sold below. The inventory of homes for sale in Lancaster, PA between January 2024 and February 2024 increased by 4.7%. Listings spent 21 days on the market in February 2024, and had a median list price of $300,401 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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