Retail Space in Newer
400-1400 Proline Pl, Gettysburg, PA 17325
For Sale
$250,000
Retail space positioned within a newer retail center in Gettysburg.
Property Size1,000 SF
Price / SF$250
Days on Market161
Property Features for 400-1400 Proline Pl
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Iron Valley Real Estate of Central PA
(717) 344-5950
Listed By:
Melinda Weikert-Kauffman · License PA RS284810
(717) 324-7320
Source:
Exprealty
Added: Jun 3
Changed: Oct 26
Last Checked: Nov 10 at 10:41AM
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 Iron Valley Real Estate of Central PA
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot retail space is located within a newer retail center at 400-1400 Proline Pl in Gettysburg, Pennsylvania. The property is offered for sale and is suited to a commercial retail use based on its stated classification.
Key Highlights
- 1, 000 sq ft retail space
- Located in a newer retail center
- 400‑1400 Proline Pl, Gettysburg, PA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,028
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,560
$200.6K
Cap Rate 7%
$143,257
$143.3K
Cap Rate 9%
$111,422
$111.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$675 −$0.68/SF
EGI
$14.3K $14.33/SF
− OpEx
−$4.3K −$4.30/SF
NOI
$10.0K $10.03/SF
Area
Adams County, PA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,560
Cap Rate 7%
$143,257
Cap Rate 9%
$111,422
Alternative Uses
Best Use
Retail
$143.3K
$125.4K – $167.1K
NOI $10,028 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$184.2K
$161.2K – $214.9K
NOI $12,893 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 17325, PA
27,879
Population
12,021
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
221
Density / Sq Mi
$79,351
Median Household Income
$32,633
Median Earnings
$956
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space positioned within a newer retail center in Gettysburg.
Where is this retail space located?
The property is located at 400-1400 Proline Pl Gettysburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1, 000 sq ft retail space; Located in a newer retail center; 400‑1400 Proline Pl, Gettysburg, PA
