Mixed-Use Property with Industrial
New
For Sale
$950,000
1880 & 1892 White Hall Rd, Littlestown, PA 17340
Includes a residence, production space, offices, and multiple service areas.
Property Size11,732 SF
Price / SF$80.98
Days on Market7
Property Features for 1880 & 1892 White Hall Rd
General Information
Standard status
Active
Size
11,732 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1955
Listing Agency:
Samson Properties
Listed By:
Colby Jacobs · License #RS344005
(717) 465-7588
Source:
Baltimoreharfordhomesforsale
Added: Sep 9
Changed: Sep 14
Last Checked: Sep 14 at 2:40PM
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 Samson Properties
Investment Insights
Based on property information with market context.
Two parcels at 1880 and 1892 White Hall Road are offered together, combining a residential home with two industrial buildings. The home includes three bedrooms, one-and-a-half baths, an office, kitchen, living room, and dining area, along with a detached 26-by-28-foot garage featuring 10-foot ceilings. Well and septic systems serve the residence.
The larger industrial building contains 9,650 square feet, including a 25-by-44-foot open office and a 36-by-73-foot production area, with macadam parking. The second industrial building provides 3,200 square feet and 14-foot ceilings, plus three overhead doors, one loading dock, stone cutting and manufacturing areas, an office, and a restroom. The industrial improvements include macadam parking, two wells, septic, and electric service. The buildings were constructed in 1955.
The larger industrial building contains 9,650 square feet, including a 25-by-44-foot open office and a 36-by-73-foot production area, with macadam parking. The second industrial building provides 3,200 square feet and 14-foot ceilings, plus three overhead doors, one loading dock, stone cutting and manufacturing areas, an office, and a restroom. The industrial improvements include macadam parking, two wells, septic, and electric service. The buildings were constructed in 1955.
Key Highlights
- 9,650‑square‑foot industrial building with 25‑by‑44‑foot office and 36‑by‑73‑foot production area
- 3,200‑square‑foot industrial building with 14‑foot ceilings
- Three overhead doors and one loading dock
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
$65,520
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
6.90%
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%
$1,310,400
$1.3M
Cap Rate 7%
$936,000
$936.0K
Cap Rate 9%
$728,000
$728.0K
Market Conditions
NOI Build-Up for 11,732 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
$81.7K $6.96/SF
− Vacancy
−$4.6K −$0.39/SF
EGI
$77.1K $6.57/SF
− OpEx
−$11.6K −$0.99/SF
NOI
$65.5K $5.58/SF
Area
Adams County, PA
Vacancy
5.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
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%
$1,310,400
Cap Rate 7%
$936,000
Cap Rate 9%
$728,000
Alternative Uses
Best Use
Mixed Use
$1.73M
$1.52M – $2.02M
NOI $121,426 @ 7.0% cap · market cap 12.78%
Second Best
Warehouse
$936.0K
$819.0K – $1.09M
NOI $65,520 @ 7.0% cap · market cap 6.90%
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,255 @ 7.0% cap · market cap 15.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 17340, PA
11,238
Population
4,489
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
92%
High-School Grad
39.4 sq mi
ZIP Area
285
Density / Sq Mi
$84,858
Median Household Income
$43,271
Median Earnings
$1,179
Median Rent
$276,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a residence, production space, offices, and multiple service areas.
Where is this mixed-use property located?
The property is located at 1880 & 1892 White Hall Rd Littlestown, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 9,650‑square‑foot industrial building with 25‑by‑44‑foot office and 36‑by‑73‑foot production area; 3,200‑square‑foot industrial building with 14‑foot ceilings; Three overhead doors and one loading dock
