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Craned Manufacturing Facility with Yard
For Sale
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225 Hanover Road, York, PA 17404

Manufacturing facility with cranes, yard, and highway access for sale.

Property Size30,639 SF
Price / SF$0.82
Days on Market399

Property Features for 225 Hanover Road

General Information

Standard status Active
Size 30,639 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 30,639 SF

Properties For Sale

at 225 Hanover Road
225 Hanover Road
Size 30,639 SF
Term Negotiable
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Listed By: Jason Grace, CCIM, SIOR · License #PA #AB065863
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Oct 26 Last Checked: Oct 28 at 7:24AM

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 Jason Grace, CCIM, SIOR

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Investment Insights

Based on property information with market context.

This property offers a rare infill opportunity to acquire a craned manufacturing facility and service/yard facility located off Route 30 in York, Pennsylvania. The property includes three buildings totaling 30,639 square feet situated on 12 acres. The main building measures 306 feet in length and features an 18-foot 6-inch clear height. It is equipped with one 5-ton bridge crane and two 2-ton bridge cranes, along with approximately 1,000 square feet of office space and multiple drive-in doors suitable for shipping and receiving. Additionally, there are two other buildings on the site: a newer metal-skinned curing building measuring 60 feet by 100 feet with a 16-foot clear height and two large drive-in doors at either end, creating a drive-through bay, and a maintenance building measuring 50 feet by 96 feet with multiple drive-in doors and a 14-foot 6-inch clear height. The property also includes sheds and a large flat yard for storage, featuring a concrete pad measuring 100 feet by 200 feet used as a curing and staging area. The property has flexible light industrial zoning and offers access to Route 30, with connections to I-83. The location is in York County, with immediate access to Route 30 and I-83. The secure storage yard area is suitable for trailer or equipment storage, or for finished goods and raw materials. Adjacent neighbors include FedEx, Goodyear, Church & Dwight, Pennsy Supply, R & R Components, DHL, Magnesita Refractories, and Frito-Lay.

Key Highlights

  • Rare infill opportunity with immediate access to Rt. 30 and I‑83.
  • Craned manufacturing facility including one 5‑ton and two 2‑ton bridge cranes.
  • Large 12‑acre site with secure storage yard and a 100’ x 200’ concrete pad.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$178,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,575,480 $3.6M
Cap Rate 7%
$2,553,914 $2.6M
Cap Rate 9%
$1,986,378 $2.0M
Market Conditions
NOI Build-Up for 30,639 SF
Gross rent
$270.5K $8.83/SF
− Vacancy
−$15.2K −$0.49/SF
EGI
$255.4K $8.34/SF
− OpEx
−$76.6K −$2.50/SF
NOI
$178.8K $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 Rate 5%
$3,575,480
Cap Rate 7%
$2,553,914
Cap Rate 9%
$1,986,378

Alternative Uses

Best Use
Warehouse
$3.10M
$2.71M – $3.62M (±1% cap)
NOI $217,083 @ 7.0% cap · market cap 868.33%
Second Best
Industrial
$2.55M
$2.23M – $2.98M (±1% cap)
NOI $178,774 @ 7.0% cap · market cap 715.10%
Theoretical Best
Office A
$8.87M
$7.76M – $10.35M (±1% cap)
NOI $620,974 @ 7.0% cap · market cap 2,483.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Premium Parking and Storage Storage Facility

Suggested Use

Top Pick Restaurant Auto Parts Store Parking Lot & Garage HVAC Service Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Manufacturing facility with cranes, yard, and highway access for sale.
Where is this manufacturing property located?
The property is located at 225 Hanover Road York, PA.
What are key features of this property?
This property features: Rare infill opportunity with immediate access to Rt. 30 and I‑83.; Craned manufacturing facility including one 5‑ton and two 2‑ton bridge cranes.; Large 12‑acre site with secure storage yard and a 100’ x 200’ concrete pad.
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