Retail Condominium in Newer
For Sale
$250,000
1400 Proline Pl Unit 400, Gettysburg, PA 17325
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 Market93
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
Listed By:
Melinda Weikert-Kauffman · License #RS284810
(717) 755-5599
Source:
Kandorre
Added: Jul 21
Changed: Oct 6
Last Checked: Oct 7 at 2:56PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,028
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,560
$200.6K
Cap Rate 7%
$143,257
$143.3K
Cap Rate 9%
$111,422
$111.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$675 −$0.68/SF
EGI
$14.3K $14.33/SF
− OpEx
−$4.3K −$4.30/SF
NOI
$10.0K $10.03/SF
Area
Adams County, PA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,560
Cap Rate 7%
$143,257
Cap Rate 9%
$111,422
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 17325, PA
27,879
Population
12,021
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
221
Density / Sq Mi
$79,351
Median Household Income
$32,633
Median Earnings
$956
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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
