Modern Industrial Warehouse in New
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300 Commerce Dr, New Holland, PA 17557
62,150 SF warehouse with modern amenities in New Holland, PA.
Property Size62,150 SF
Price / SF$135.08
Days on Market183
Property Features for 300 Commerce Dr
General Information
Standard status
Active
Size
62,150 SF
Class
A
Property subtype
Industrial
Zoning
Industrial
Building Details
Year Built
2004
Buildings
1
Stories
1
Listing Agency:
Sable Commercial Realty
(717) 399-9361
Listed By:
Justin Geisenberger · License #RS321567
Source:
Crexi
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 Sable Commercial Realty
Investment Insights
Based on property information with market context.
The property at 300 Commerce Drive is a 62,150 square foot industrial warehouse facility. It features five 9-foot by 9-foot dock doors, one 12-foot by 14-foot overhead door, and one 20-foot by 18-foot drive-in pit door. The building includes 24 to 26-foot ceiling heights, 3-phase power, and a Class IV fire sprinkler system. The facility is located at the main entrance to the New Design Industrial Park in New Holland, Pennsylvania.
Key Highlights
- 62,150 SF Industrial Warehouse facility
- Located at the entrance to New Design Industrial Park
- Benefit from 24‑26’ Ceiling Heights
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
$420,309
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
5.01%
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%
$8,406,180
$8.4M
Cap Rate 7%
$6,004,414
$6.0M
Cap Rate 9%
$4,670,100
$4.7M
Market Conditions
NOI Build-Up for 62,150 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
$535.7K $8.62/SF
− Vacancy
−$41.3K −$0.66/SF
EGI
$494.5K $7.96/SF
− OpEx
−$74.2K −$1.19/SF
NOI
$420.3K $6.76/SF
Area
Lancaster County, PA
Vacancy
7.70%
Lease Rate
$8.62 /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%
$8,406,180
Cap Rate 7%
$6,004,414
Cap Rate 9%
$4,670,100
Alternative Uses
Best Use
Warehouse
$6.00M
$5.25M – $7.01M
NOI $420,309 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$4.94M
$4.33M – $5.77M
NOI $346,137 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$20.83M
$18.22M – $24.30M
NOI $1,457,878 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17557, PA
14,761
Population
5,460
Households
2.7
Avg Household Size
41
Median Age
19%
College-Educated
78%
High-School Grad
32.0 sq mi
ZIP Area
461
Density / Sq Mi
$78,717
Median Household Income
$39,833
Median Earnings
$1,273
Median Rent
$262,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Staberg Self Storage — 35 Diller Ave, New Holland, PA 17557
- Orlan Self Storage — 160 Jalyn Dr, New Holland, PA 17557
- Red School Self Storage — 37 Diller Ave, New Holland, PA 17557
Frequently Asked Questions
What type of property is this?
Warehouse - 62,150 SF warehouse with modern amenities in New Holland, PA.
Where is this warehouse located?
The property is located at 300 Commerce Dr New Holland, PA.
What is the asking price?
The asking price for this property is $8,395,000.
What are key features of this property?
This property features: 62,150 SF Industrial Warehouse facility; Located at the entrance to New Design Industrial Park; Benefit from **24‑26’ Ceiling Heights**
