Sign Up Successful!
You now have access to more from Realmo!
    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

    2720 S Queen St York, PA 17403

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Up to 47,439 SF available for medical, industrial, retail.

    Property size:
    47,439 SF

    Property Features for 2720 S Queen St

    General Information

    Size
    47,439 SF

    We can help!

    Listing Contact
    Brendan Mulligan
    Source: Metrocommercial

    Listing Agent: Brendan Mulligan

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

    Learn more

    Overview

    Versatile York Commercial Space Available

    This commercial space in York, Pennsylvania, offers up to approximately 47,439 square feet suitable for various uses, including medical, industrial, and retail. The property features ample on-site parking with approximately 156 spaces. Its location provides convenient access to I-83, which has a traffic volume of 64,540 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Nell's Market/Spry Pharmacy Pharmacy Catherine A. Porr, RPH Pharmacy Jeanine M. Rusnak, ... Pharmacy John C. Henty, ... Pharmacy Coinstar Kiosk Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.690495
    Latitude
    39.933635

    Nearby Similar for Sale

    • $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
    • New
      $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
    • $180,000
      2,013 SF

      Fully Occupied York City Duplex

      Duplex with instant equity, off-street parking, and fenced yard.
      828 W Princess 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
    • New
      $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
    • $190,000
      1,840 SF

      Two-Unit Colonial Near York College

      Well-kept two-unit property near York College with income potential.
      1010 W Princess St, York, PA 17404
      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
    • $85,000

      York City Commercial Office Condo

      First-floor office condo in York City with included amenities.
      1 E Market St, York, PA 17401
      View Details
    • $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
    • $4,621,000
      23,600 SF

      Fulton Bank Investment Opportunity

      Single-tenant Fulton Bank property in York, PA for sale.
      30 S George St, York, PA 17401
      View Details
    • Contact for pricing
      30,639 SF

      Craned Manufacturing Facility with Yard

      Manufacturing facility with cranes, yard, and highway access for sale.
      225 Hanover Rd, York, PA 17404
      View Details
    • $450,000
      2,175 SF

      Drive-Thru Restaurant Building in York

      2,175 SF drive-thru restaurant on 0.43 acres for sale.
      1125 Edgar St, York, PA 17403
      View Details

    FAQs

    What type of property is this?
    Retail space - Up to 47,439 SF available for medical, industrial, retail.
    Where is this retail space located?
    The property is located at 2720 S Queen St York, PA.
    What are key features of this property?
    This property features: - Up to ±47,439 SF available, offering a large space.; - Big box opportunity suitable for medical, industrial, and retail uses.; - Convenient location minutes away from I-83.
    (267) 519-7582
    Request Owner's contact information
    2720 S Queen St York, PA 17403
    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.
    2720 S Queen St
    York, PA 17403
    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
    2720 S Queen St York, PA 17403
    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
    Brendan Mulligan
    (267) 519-7582
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.