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    1040 Hanover St Hanover, PA 17331

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    For Lease
    Contact for pricing

    4.34 acre build-to-suit site suitable for various uses.

    Property size:
    16,000 SF
    Lot size:
    4.77 Acres

    Property Features for 1040 Hanover St

    General Information

    Size
    16,000 SF
    Lot size
    4.77 Acres

    Source: Mericle Commercial Real Estate Services Agent Bob Besecker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Build-to-Suit Site Available

    This 4.34 acre build-to-suit site is located in an established business park. The site is suitable for manufacturing, distribution, and office users. A single-story building of 16,000 square feet is planned for the location. The building can be expanded to 24,000 square feet. The site is located at 1050 Hanover St., (Parcel 3B) in the Hanover Industrial Estates. It is situated less than 5 minutes from I-81 via S.R. 29 and less than 2.5 hours from NYC, Philadelphia and Harrisburg. The location is near several colleges.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Building Supply Spa & Massage Auto Repair Shop Auto Parts Store Skin Care Clinic Grocery Store Car Rental Home Appliance Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -77.024372
    Latitude
    39.842415

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    FAQs

    What type of property is this?
    Manufacturing property - 4.34 acre build-to-suit site suitable for various uses.
    Where is this manufacturing property located?
    The property is located at 1040 Hanover St Hanover, PA.
    What are key features of this property?
    This property features: - Premier Developer: Built by Mericle Commercial Real Estate Services.; - Strategic Location: Less than 5 minutes from I-81 via S.R. 29.; - Expansion Potential: Building can be expanded from 16,000 SF to 24,000 SF.
    (570) 823-1100
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    1040 Hanover St Hanover, PA 17331
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    Realmo Value Estimation

    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.

    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.

    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
    1040 Hanover St Hanover, PA 17331
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