12027 BALTIMORE ST, Glen Rock, PA 17327

Building Details

Buildings 5 More

Listing Agency: Cummings & Co. Realtors Show Phone

Listed By: Andrew Spangenberger · License #RS327813 Show Phone

Source: Sandrasellstheshore

Added: Oct 28 Changed: Nov 7 Last Checked: Nov 7 at 3:03PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cummings & Co. Realtors

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Investment Insights

Based on property information with market context.

The five-property Seitzland Village package includes a restored historic commercial train station with approximately 6,600 square feet of space. The station is structurally complete, has geothermal heating, and is ready for final build-out. Four residential buildings round out the offering: an 1848 fieldstone house operating as a short-term rental, a one-bedroom, one-bath home under renovation, a building of approximately 2,200 square feet configured as two long-term rental units, and a structurally intact property ready for redevelopment. The package is located at 12027 Baltimore St in Glen Rock, Pennsylvania, along the Heritage Rail Trail. Historic Village Overlay zoning approvals cover a range of tourism-oriented uses, including a brewery, distillery, café, winery, restaurant, bed and breakfast, and boutique retail. The adjacent Northern Central Railway carried more than 20,000 passengers in 2025, up 15% year over year.

Key Highlights

• Five‑property package includes a commercial train station and four residential buildings
• Approximately 6,600 square feet of historic commercial space in the station
• Station is structurally complete, geothermal heated, and ready for final build‑out

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,753

Cap Rate

3.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,575,060 $1.6M

Cap Rate 7%

$1,125,043 $1.1M

Cap Rate 9%

$875,033 $875.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,600 SF

Gross rent

$118.8K $18.00/SF

− Vacancy

−$6.3K −$0.95/SF

EGI

$112.5K $17.05/SF

− OpEx

−$33.8K −$5.11/SF

NOI

$78.8K $11.93/SF

Area

York County, PA

Vacancy

5.30%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,575,060

Cap Rate 7%

$1,125,043

Cap Rate 9%

$875,033

Alternative Uses

Best Use

Retail

$1.13M

$984.4K – $1.31M (±1% cap)

NOI $78,753 @ 7.0% cap · market cap 3.16%

Second Best

Mixed Use

$975.9K

$853.9K – $1.14M (±1% cap)

NOI $68,310 @ 7.0% cap · market cap 2.74%

Theoretical Best

Office A

$1.91M

$1.67M – $2.23M (±1% cap)

NOI $133,765 @ 7.0% cap · market cap 5.37%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Auto Repair Shop Hair Salon Law Firm HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114

Businesses Nearby

Explore this area Business Placement

Demographics for 17327, PA

7,753

Population

3,341

Households

2.3

Avg Household Size

44

Median Age

29%

College-Educated

91%

High-School Grad

46.2 sq mi

ZIP Area

168

Density / Sq Mi

$100,298

Median Household Income

$49,621

Median Earnings

$1,165

Median Rent

$306,100

Median Home Value

Market

Properties on Market for Mixed-use properties in York County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Five buildings combine a restored commercial train station with residential rentals and additional redevelopment space.

Where is this mixed-use property located?

The property is located at 12027 BALTIMORE ST Glen Rock, PA.

What is the asking price?

The asking price for this property is $2,490,000.

What are key features of this property?

This property features: Five‑property package includes a commercial train station and four residential buildings; Approximately 6,600 square feet of historic commercial space in the station; Station is structurally complete, geothermal heated, and ready for final build‑out