Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    W Locust St York, PA 17404

    Sponsored
    For Sale
    Contact for pricing

    LAND - YORK, PA

    Lot size:
    0.07 Acres
    Days on Market:
    17
    Last Refresh:
    Feb 27 at 2:06 am

    Property Features for W Locust St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.07 Acres

    We can help!

    Listing Contact
    Wendell Hoover
    Wendell Hoover

    Iron Valley Real Estate of Central PA (717) 745-2929

    Listing agent Wendell Hoover (717) 745-2929

    Listing date Feb 11, 2026

    MLS# PAYK2097304

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in York, PA

    This is a 0.07-acre wooded lot situated in a mixed residential and commercial area of York, Pennsylvania. To build on this lot, it is necessary to obtain an easement to extend the public sewer line from a neighboring property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.74509
    Latitude
    39.95302

    Nearby Similar for Sale

    • $310,000
      0.17 Acres

      Renovated Office Building, York PA

      Newly renovated office building in downtown York location.
      325 E Market St, York, PA 17403
      View Details
    • $400,000
      17,000 SF

      York Commercial Building with Warehouse

      17,000 sqft commercial building with storefront and warehouse space.
      31 Carlisle Ave, York, PA 17401
      View Details
    • $1,400,700
      1.26 Acres

      Freestanding Retail Property on Whiteford

      Freestanding retail property with NNN lease in York, PA.
      2920 Whiteford Rd, York, PA 17402
      View Details
    • $2,448,817
      9,535 SF

      Retail Building in York, PA

      Retail building with national brand tenants in a thriving location.
      2915 Whiteford Rd, York, PA 17402
      View Details
    • $69,000

      York City Commercial Office Condo

      First-floor office condo in York City with included amenities.
      1 E Market St, York, PA 17401
      View Details
    • $235,000
      2,116 SF

      Two-Unit Property in Dallastown

      Tenant-occupied two-unit property near I-83 in York, PA.
      2425-2529 Arlington St, York, PA 17402
      View Details
    • $189,900
      1,707 SF

      Turnkey Investment in Dallastown Schools

      Fully rented two-unit property with development potential near I-83.
      327 N Main St, York, PA 17403
      View Details
    • $389,900
      2,128 SF

      York Multifamily Investment Opportunity

      Two properties, three units, long-term tenants, expansion potential.
      1152 E Philadelphia St, York, PA 17403
      View Details
    • New
      $199,900
      2,100 SF

      Multifamily Property Near York College

      Remodeled multifamily property near York College, offering rental income potential.
      153 W Jackson St, York, PA 17401
      View Details
    • $245,000
      2,784 SF

      Two-Unit Property with Garage

      Two-unit property with garage in York, PA, great investment opportunity.
      566 W Philadelphia St, York, PA 17401
      View Details
    • $425,000
      0.63 Acres

      Multi-Family Property with Potential

      Multi-family property in York, PA with over 6000 sq ft.
      119 N George St, York, PA 17401
      View Details
    • $189,900
      2,358 SF

      Two-Unit Property in York, PA

      Two-unit property with tenants paying for utilities and parking.
      248 Roosevelt Ave, York, PA 17404
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Small wooded lot in a residential and commercial area.
    Where is this residential land & home lot located?
    The property is located at W Locust St York, PA.
    What is the asking price?
    The asking price for this property is $5,500.
    What are key features of this property?
    This property features: - Residential and commercial area location; - Wooded lot; - 0.07 acre size
    (717) 269-7777
    Request Owner's contact information
    W Locust St York, PA 17404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    W Locust St
    York, PA 17404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W Locust St York, PA 17404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Wendell Hoover
    Wendell Hoover
    Real Estate License ID: AB069340
    (717) 269-7777 (717) 745-2929 (717) 761-6300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!