Building Details

Year Built 1978

Listing Agency: EXP Realty, LLC p***@exprealty.net Show Phone

Listed By: Quiana K Paul · License #RS376787 Show Phone

Source: Cummingsrealtors

Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:56PM

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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 EXP Realty, LLC

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Investment Insights

Based on property information with market context.

This 2,254-square-foot automotive shop was built in 1978 and includes several bay doors and a paint booth. A drive-through bay is identified as a possible configuration. The front overhead door measures 9 feet high by 14 feet wide; the rear door is 8 feet high by 8 feet wide, and the storage-room door is 7 feet high by 8 feet wide. A fenced rear gravel lot has a sliding security gate and accommodates approximately 20 vehicles, trailers, or equipment. The property also has a front parking area described as holding 10–12 cars.

The shop is near the corner of Davidsburg Road and Carlisle Road (Route 74), with visibility on Carlisle Road. Walgreens and Royal Farms are across the road, and automotive businesses flank the property on both sides.

Key Highlights

• 2,254‑square‑foot automotive shop built in 1978
• Paint booth and several bay doors
• Front overhead door: 9 feet high by 14 feet wide

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,152

Suggested Prices Based on Cap Rates

Cap Rate 5%

$263,040 $263.0K

Cap Rate 7%

$187,886 $187.9K

Cap Rate 9%

$146,133 $146.1K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,254 SF

Gross rent

$19.9K $8.83/SF

− Vacancy

−$1.1K −$0.49/SF

EGI

$18.8K $8.34/SF

− OpEx

−$5.6K −$2.50/SF

NOI

$13.2K $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%

$263,040

Cap Rate 7%

$187,886

Cap Rate 9%

$146,133

Alternative Uses

Best Use

Retail

$384.2K

$336.2K – $448.3K (±1% cap)

NOI $26,895 @ 7.0% cap · market cap 768.43%

Second Best

Industrial

$187.9K

$164.4K – $219.2K (±1% cap)

NOI $13,152 @ 7.0% cap · market cap 375.77%

Theoretical Best

Office A

$652.6K

$571.0K – $761.4K (±1% cap)

NOI $45,683 @ 7.0% cap · market cap 1,305.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Hair Salon

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

Lease Details

Yes

Fenced yard

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

205

Businesses Nearby

101k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 44% Shops & Services 32% Groceries 24%

McDonald's Dining

25,781 visits/mo 0.2 miles

Weis Markets Groceries

24,446 visits/mo 0.5 miles

Royal Farms Shops & Services

24,211 visits/mo 0.1 miles

Starbucks Dining

12,432 visits/mo 0.1 miles

Advance Auto Parts Shops & Services

3,313 visits/mo 0.2 miles

Demographics for 17315, PA

26,317

Population

11,442

Households

2.3

Avg Household Size

44

Median Age

21%

College-Educated

92%

High-School Grad

58.1 sq mi

ZIP Area

453

Density / Sq Mi

$81,058

Median Household Income

$47,933

Median Earnings

$1,189

Median Rent

$222,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Express Towing & Repair — 3170 grenway rd, dover, pa 17315
• Rick's Auto Body — 3196 Grenway Rd, Dover, PA 17315
• Wagner's Autowerks LLC — 2410 oakland rd, dover, pa 17315
• Jeff Martin (snitch) — 3180 Grenway Rd, Dover, PA 17315
• Adam Lairds Autobody — 3180 grenway rd, york, pa 17315

Frequently Asked Questions

What type of property is this?

Auto shop - Multiple overhead doors and fenced vehicle storage support automotive or contractor operations.

Where is this auto shop located?

The property is located at 3180 GRENWAY ROAD Dover, PA.

What are key features of this property?

This property features: 2,254‑square‑foot automotive shop built in 1978; Paint booth and several bay doors; Front overhead door: 9 feet high by 14 feet wide