Building Details

Year Built 2017

Listing Agency: Berkshire Hathaway HomeServices Homesale Realty

Listed By: Kim E Moyer · License #AB046829A Show Phone

Source: Kandorre

Added: Jul 20 Changed: Oct 12 Last Checked: Oct 7 at 4:57PM

Report an Issue

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 Berkshire Hathaway HomeServices Homesale Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This turn-key mini storage facility offers 46 individual storage units housed in a durable block building. Units 1–31 are located within a security-gated area, and Unit 31 is currently configured as an on-site office. Units 32–46 are positioned along the exterior of the building for convenient drive-up access. Each unit is equipped with an overhead, garage-style door and heavy-duty locking systems.

The property is situated on a corner parcel with convenient ingress and egress and is located just off Richland Avenue near BAE Systems in York’s west end. York College and the future York Creek Redevelopment Project are minutes away.

The facility is described as extremely clean, well-organized, and operating efficiently, providing an immediately income-focused storage configuration for the buyer.

Key Highlights

• 46‑unit mini storage facility built in 2017 for long‑term ownership and ongoing income
• Units 1–31 are in a security‑gated area for enhanced access control
• Units 32–46 are exterior‑facing with convenient drive‑up access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$63,228

Cap Rate

7.91%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,264,560 $1.3M

Cap Rate 7%

$903,257 $903.3K

Cap Rate 9%

$702,533 $702.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,924 SF

Gross rent

$78.8K $8.83/SF

− Vacancy

−$4.4K −$0.49/SF

EGI

$74.4K $8.34/SF

− OpEx

−$11.2K −$1.25/SF

NOI

$63.2K $7.09/SF

Area

York County, PA

Vacancy

5.60%

Lease Rate

$8.83 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,264,560

Cap Rate 7%

$903,257

Cap Rate 9%

$702,533

Alternative Uses

Best Use

Self Storage

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $87,143 @ 7.0% cap · market cap 10.91%

Second Best

Warehouse

$903.3K

$790.4K – $1.05M (±1% cap)

NOI $63,228 @ 7.0% cap · market cap 7.91%

Theoretical Best

Office A

$2.58M

$2.26M – $3.01M (±1% cap)

NOI $180,867 @ 7.0% cap · market cap 22.64%

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

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Muelpunch Properties LLC Storage Facility Store munple Warehouse & Storage

Suggested Use

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

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

830

Businesses Nearby

Explore this area Business Placement

Demographics for 17401, PA

18,771

Population

8,202

Households

2.3

Avg Household Size

32

Median Age

16%

College-Educated

80%

High-School Grad

1.5 sq mi

ZIP Area

12,514

Density / Sq Mi

$41,569

Median Household Income

$30,329

Median Earnings

$940

Median Rent

$84,500

Median Home Value

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

Similar For Sale Nearby

See more

Self-Storage Facility with 46 Units

1007 E Mason Ave, York, PA 17403

Contact for pricing

8,200 SF

View details

10-Bay Automotive Service Building

5823 Lincoln Hwy, York, PA 17406

$750,000

9,588 SF

View details

Flex Space with Drive-In Doors

3488 BOARD ROAD, York, PA 17406

$700,000

9,460 SF

View details

6-Unit Apartment Building with Garages

1632 W MARKET STREET #B, York, PA 17404

$625,000

8,568 SF

View details

Brick Live-Work and Office Building

228 E Market St, York, PA 17403

$349,900

8,628 SF

View details

Freestanding Fireworks Retail NNN

2920 Whiteford Rd, York, PA 17402

$1,400,700

8,004 SF

View details

Mixed-Use Property with Commercial Kitchen

805 E Prospect St, York, PA 17403

$375,000

9,702 SF

View details

Retail Building with Established Tenants

2915 Whiteford Rd, York, PA 17402

$2,448,816

9,535 SF

View details

Mixed-Use Storefront Property

22 N State St, York, PA 17403

$699,000

13,140 SF

View details

6-Unit Apartment Building

4880 E PROSPECT Road, York, PA 17406

$650,000

6,068 SF

View details

Retail Storefront Property

9-11 E Market St, York, PA 17403

$590,000

14,127 SF

View details

Four-Unit Warehouse

2110 BROUGHER LANE, York, PA 17408

$495,000

13,200 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - 46-unit mini storage facility with security-gated interior units and drive-up exterior access.

Where is this self storage facility located?

The property is located at 370 S Sheridan St York, PA.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 46‑unit mini storage facility built in 2017 for long‑term ownership and ongoing income; Units 1–31 are in a security‑gated area for enhanced access control; Units 32–46 are exterior‑facing with convenient drive‑up access