Office-Flex
For Sale
Contact for pricing
2101 PENNSYLVANIA AVE, York, PA 17404
Office-flex property positioned within York Industrial Business Park with access to Route 30 and Interstate-83.
Property Size52,000 SF
Price / SF$86.54
Days on Market182
Property Features for 2101 PENNSYLVANIA AVE
General Information
Standard status
Active
Size
52,000 SF
Class
B
Total Parking Spaces
95
Property subtype
Office, Industrial
Zoning
Employment Center District
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Year Renovated
2009
Buildings
1
Stories
1
Units
1
Listing Agency:
Campbell Commercial Partners
Listed By:
Jessica Gasper · License #PA AB069596
(717) 737-6161
Source:
Crexi
Added: Apr 15
Changed: Oct 11
Last Checked: Oct 12 at 8:08PM
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 Campbell Commercial Partners
Investment Insights
Based on property information with market context.
This 42,000-square-foot flex space property combines office and flexible commercial functionality in a single building. The asset is located within York Industrial Business Park and is offered for sale.
Access is supported by proximity to Route 30 and Interstate-83. Route 30 connects toward Lancaster County, while Interstate-81 provides a route toward the Baltimore/Washington area. The property address is 2101 Pennsylvania Ave, York, PA 17404.
Access is supported by proximity to Route 30 and Interstate-83. Route 30 connects toward Lancaster County, while Interstate-81 provides a route toward the Baltimore/Washington area. The property address is 2101 Pennsylvania Ave, York, PA 17404.
Key Highlights
- 42,000‑square‑foot office‑flex building
- Located in York Industrial Business Park
- Near Route 30 and Interstate‑83
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$303,413
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,068,260
$6.1M
Cap Rate 7%
$4,334,471
$4.3M
Cap Rate 9%
$3,371,256
$3.4M
Market Conditions
NOI Build-Up for 52,000 SF
Gross rent
$459.2K $8.83/SF
− Vacancy
−$25.7K −$0.49/SF
EGI
$433.4K $8.34/SF
− OpEx
−$130.0K −$2.50/SF
NOI
$303.4K $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 Rate 5%
$6,068,260
Cap Rate 7%
$4,334,471
Cap Rate 9%
$3,371,256
Alternative Uses
Best Use
Office B
$11.84M
$10.36M – $13.82M
NOI $829,034 @ 7.0% cap · market cap 18.42%
Second Best
Industrial
$4.33M
$3.79M – $5.06M
NOI $303,413 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$15.06M
$13.17M – $17.57M
NOI $1,053,908 @ 7.0% cap · market cap 23.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17404, PA
37,745
Population
15,716
Households
2.4
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
21.5 sq mi
ZIP Area
1,756
Density / Sq Mi
$75,882
Median Household Income
$43,408
Median Earnings
$1,136
Median Rent
$176,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Office-flex property positioned within York Industrial Business Park with access to Route 30 and Interstate-83.
Where is this flex space located?
The property is located at 2101 PENNSYLVANIA AVE York, PA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 42,000‑square‑foot office‑flex building; Located in York Industrial Business Park; Near Route 30 and Interstate‑83
