Retail Condominium in Newer
1400 Proline Pl Unit 400 Gettysburg, PA 17325
New
1400 Proline Pl Unit 400, Gettysburg, PA, 17325
$250,000
For Sale
$250,000
For sale 1,000 sq ft retail unit in a newer retail center; contact the listing agent for additional details.
Property Size1,000 SF
Price / SF$250
Days on Market2
Property Features for 1400 Proline Pl Unit 400
General Information
- Standard status
- Active
- Size
- 1,000 SF
Building Details
- Year Built
- 2007
Listing agency
Iron Valley Real Estate of Central PA
(717) 755-5599
Listed by
Melinda Weikert-Kauffman · License #RS284810
Source
Kandorre
Added: Jul 21 Checked: Jul 21 at 3:56PM
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 Iron Valley Real Estate of Central PA
Investment Insights
Based on property information with market context.
This offering provides the opportunity to own a retail facility within a newer retail center. The property is presented as a retail space and is listed at 1,000 sq ft.
Further specifics regarding the unit configuration, condition, and any shared amenities are not provided in the available materials. For additional details, please contact the listing agent.
The property is being offered for sale, and the list price is $250,000.
Further specifics regarding the unit configuration, condition, and any shared amenities are not provided in the available materials. For additional details, please contact the listing agent.
The property is being offered for sale, and the list price is $250,000.
Key Highlights
- 1,000 sq ft retail unit for sale in a newer retail center
- Built in 2007
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $15.00 |
| − Vacancy | −$675 | −$0.68 |
| EGI | $14.3k | $14.33 |
| − OpEx | −$4.3k | −$4.30 |
| NOI | $10.0k | $10.03 |
1,000 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$143.3K
$125.4K – $167.1K
NOI $10,028 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$184.2K
$161.2K – $214.9K
NOI $12,893 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Advent Partners
Financial Advisor
MacGregor Behavioral Health ...
Physician
Audio Professional Hearing ...
Hearing Aid Repair Service
Ann Welker
Physician
Jim Dunlop - Thrivent
Financial Advisor
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FAQs
What type of property is this?
Retail space - For sale 1,000 sq ft retail unit in a newer retail center; contact the listing agent for additional details.
Where is this retail space located?
The property is located at 1400 Proline Pl Unit 400 Gettysburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,000 sq ft retail unit for sale in a newer retail center; Built in 2007
