Five-Bay Auto
New
For Sale
$765,000
1475 CARLISLE ROAD, York, PA 17408
Highway Commercial zoning, customer-service office space, and an upper level with a full bath.
Property Size8,014 SF
Price / SF$95.46
Days on Market4
Property Features for 1475 CARLISLE ROAD
General Information
Standard status
Active
Size
8,014 SF
Property subtype
Commercial
Zoning
Highway Commercial
Additional Details
Drive-In Doors
5
Amenities
five bay doors
on-site office space
upper level flexible space
full bath
Building Details
Year Built
1970
Listing Agency:
Keller Williams Keystone Realty
(717) 288-7766
Listed By:
Adam W Flinchbaugh
(717) 288-7766
Source:
Cummingsrealtors
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 14 at 5:24AM
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 Keller Williams Keystone Realty
Investment Insights
Based on property information with market context.
Built in 1970, this automotive-oriented commercial property includes five bay doors for vehicle entry and dedicated office space for customer service or administration. Highway Commercial zoning and the existing configuration support automotive business operations, while the upper level provides additional adaptable space with a full bath.
The property is located at 1475 Carlisle Road in York, Pennsylvania. Its upper-level layout can accommodate additional offices or potential apartment use, subject to applicable approvals. The combination of service bays, office areas, and supplementary upper-floor space creates a practical format for an automotive business or related commercial operation.
The property is located at 1475 Carlisle Road in York, Pennsylvania. Its upper-level layout can accommodate additional offices or potential apartment use, subject to applicable approvals. The combination of service bays, office areas, and supplementary upper-floor space creates a practical format for an automotive business or related commercial operation.
Key Highlights
- Five bay doors provide vehicle access for automotive operations
- Highway Commercial zoning
- Dedicated office area for customer service and administration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,761
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,220
$935.2K
Cap Rate 7%
$668,014
$668.0K
Cap Rate 9%
$519,567
$519.6K
Market Conditions
NOI Build-Up for 8,014 SF
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.
Gross rent
$70.8K $8.83/SF
− Vacancy
−$4.0K −$0.49/SF
EGI
$66.8K $8.34/SF
− OpEx
−$20.0K −$2.50/SF
NOI
$46.8K $5.83/SF
Area
York County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,220
Cap Rate 7%
$668,014
Cap Rate 9%
$519,567
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.59M
NOI $95,625 @ 7.0% cap · market cap 12.50%
Second Best
Industrial
$668.0K
$584.5K – $779.4K
NOI $46,761 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,423 @ 7.0% cap · market cap 21.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Drive-in doors
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17408, PA
24,187
Population
10,294
Households
2.3
Avg Household Size
46
Median Age
28%
College-Educated
96%
High-School Grad
26.8 sq mi
ZIP Area
903
Density / Sq Mi
$87,044
Median Household Income
$47,900
Median Earnings
$1,539
Median Rent
$240,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mavis Discount Tire — 2179 White St, York, PA 17404
- York Auto Rebuilders — 1844 Orange St, York, PA 17404
- Your Auto Source - Service Center — 2199 bannister st, york, pa 17404
- LMJ Auto and Muscle — 1201 Greenwood Rd, York, PA 17408
- BJ's Wholesale Club — 2250 York Crossing Dr, York, PA 17404
Frequently Asked Questions
What type of property is this?
Auto shop - Highway Commercial zoning, customer-service office space, and an upper level with a full bath.
Where is this auto shop located?
The property is located at 1475 CARLISLE ROAD York, PA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Five bay doors provide vehicle access for automotive operations; Highway Commercial zoning; Dedicated office area for customer service and administration
