Standalone Storefront with
For Sale
$374,900
730 S Potomac St, Waynesboro, PA 17268
Flexible commercial layout may accommodate two separate business spaces and several operating concepts.
Property Size1,634 SF
Lot Size0.43 Acres
Price / SF$229.44
Days on Market24
Property Features for 730 S Potomac St
General Information
Standard status
Active
Size
1,634 SF
Total Parking Spaces
30
Lot size
0.43 Acres
Additional Details
Utilities to Site
Yes
Amenities
lighted signage
ample storage
Building Details
Year Built
1973
Buildings
1
Listing Agency:
Samson Properties
(301) 991-7990
Listed By:
Steven L Powell · License #527751
Source:
Southjerseyshorehomesfinder
Added: Aug 7
Changed: Aug 28
Last Checked: Aug 29 at 12:11PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This standalone storefront property occupies 0.43 acres at 730 S Potomac St in Waynesboro, Pennsylvania. The building was constructed in 1973 and includes a layout that may be divided into two units. Existing storage and functional interior areas support potential medical, office, retail, or food service applications. The property was formerly used as a pharmacy and later operated as a barbecue restaurant.
Site improvements include approximately 30 parking spaces, lighted signage along the road and on the building, public utilities, and a newer metal roof. The electrical system provides 200+ amp service, while heat pump systems serve the building. Its established commercial surroundings and location on South Potomac Street add to the property's business-oriented setting.
Site improvements include approximately 30 parking spaces, lighted signage along the road and on the building, public utilities, and a newer metal roof. The electrical system provides 200+ amp service, while heat pump systems serve the building. Its established commercial surroundings and location on South Potomac Street add to the property's business-oriented setting.
Key Highlights
- 0.43‑acre commercial parcel at 730 S Potomac St, Waynesboro, PA 17268
- Approximately 30 parking spaces
- Layout may be divided into two separate units
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
$15,356
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
4.10%
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%
$307,120
$307.1K
Cap Rate 7%
$219,371
$219.4K
Cap Rate 9%
$170,622
$170.6K
Market Conditions
NOI Build-Up for 1,634 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
$24.5K $15.00/SF
− Vacancy
−$2.6K −$1.58/SF
EGI
$21.9K $13.43/SF
− OpEx
−$6.6K −$4.03/SF
NOI
$15.4K $9.40/SF
Area
Franklin County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$307,120
Cap Rate 7%
$219,371
Cap Rate 9%
$170,622
Alternative Uses
Best Use
Retail
$219.4K
$192.0K – $255.9K
NOI $15,356 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.2K
$346.7K – $462.2K
NOI $27,734 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 83%
Shops & Services 17%
Save-A-Lot
Groceries
11,137 visits/mo
0.1 miles
Sunoco
Shops & Services
1,582 visits/mo
0.0 miles
Napa Auto Parts
Shops & Services
685 visits/mo
0.2 miles
Demographics for 17268, PA
29,587
Population
12,693
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
77.8 sq mi
ZIP Area
380
Density / Sq Mi
$69,715
Median Household Income
$44,106
Median Earnings
$1,081
Median Rent
$225,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout may accommodate two separate business spaces and several operating concepts.
Where is this storefront property located?
The property is located at 730 S Potomac St Waynesboro, PA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 0.43‑acre commercial parcel at 730 S Potomac St, Waynesboro, PA 17268; Approximately 30 parking spaces; Layout may be divided into two separate units
