York Industrial Park Office/Flex
2161 Pennsylvania Ave, York, PA 17404
For Sale
Contact for pricing
Office/Flex building in York Industrial Business Park available for sale.
Property Size42,000 SF
Price / SF$122.62
Days on Market251
Property Features for 2161 Pennsylvania Ave
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Campbell Commercial Partners
Listed By:
Jessica Gasper · License PA AB069596
(717) 979-5189
Source:
Crexi
Added: Mar 5
Changed: Oct 26
Last Checked: Nov 10 at 6:48AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An office/flex building is available for sale in York Industrial Business Park. The property is conveniently located near Route 30 and Interstate-83, providing accessibility to Route 30 for connections to Lancaster County, and Interstate-81 for direct access to the Baltimore/Washington area. The property has a size of 42000 square feet. York City Industrial Park tenants include Pennex Aluminum, Schaedler Yesco, Bowlers Supply, and Dauphin Electric Supply.
Key Highlights
- Convenient location near Route 30 and Interstate‑83.
- Accessible to Route 30 linking to Lancaster County.
- Direct access to the Baltimore/Washington area via Interstate‑81.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$434,700
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,694,000
$8.7M
Cap Rate 7%
$6,210,000
$6.2M
Cap Rate 9%
$4,830,000
$4.8M
Market Conditions
NOI Build-Up for 42,000 SF
Gross rent
$756.0K $18.00/SF
− Vacancy
−$60.5K −$1.44/SF
EGI
$695.5K $16.56/SF
− OpEx
−$260.8K −$6.21/SF
NOI
$434.7K $10.35/SF
Area
York County, PA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,694,000
Cap Rate 7%
$6,210,000
Cap Rate 9%
$4,830,000
Alternative Uses
Best Use
Mixed Use
$6.21M
$5.43M – $7.25M
NOI $434,700 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.16M
$10.64M – $14.19M
NOI $851,233 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in York County
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office/Flex building in York Industrial Business Park available for sale.
Where is this mixed-use property located?
The property is located at 2161 Pennsylvania Ave York, PA.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: Convenient location near Route 30 and Interstate‑83.; Accessible to Route 30 linking to Lancaster County.; Direct access to the Baltimore/Washington area via Interstate‑81.
