Retail Building on Loucks
For Sale
Contact for pricing
430 Loucks Rd, York, PA 17404
Stand-alone retail building with high visibility and signage.
Property Size4,800 SF
Price / SF$165.63
Days on Market750
Property Features for 430 Loucks Rd
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
15
Property subtype
Office, Retail
Zoning
C- Commercial
Investment Type
Owner/User
Building Details
Year Built
1986
Year Renovated
2015
Buildings
1
Stories
1
Listing Agency:
Landmark Commercial Realty
Listed By:
W. Jason Grace · License #PA
(717) 421-1943
Source:
Crexi
Added: Aug 16, 2024
Changed: Aug 27
Last Checked: Aug 31 at 8:20AM
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 Landmark Commercial Realty
Investment Insights
Based on property information with market context.
This stand-alone retail building is located along Loucks Road (US-30) in York, PA, offering high visibility and signature signage on the city’s primary retail corridor. The property has been meticulously maintained with many upgrades and was most recently used as a retail office location. It includes roadside signage with a dual-facing digital marquee board. The site has access to US-30 from the lighted intersection of Pennsylvania Avenue, as well as access to Business I-83, which travels through York’s Central Business District. Located in the Manchester Township Commercial (C) zoning district, the property allows for a multitude of retail, office, medical, and commercial permitted uses. The property sits adjacent to many national retailers such as Old Navy, PetSmart, Interiors Home, McDonald’s, Dunkin’, Wendy’s, Burger King, Rutter’s, Popeye’s, Pep Boys, Grocery Outlet Bargain Market, Dollar General, and ShoeFly. The US-30 corridor offers easy access to Lancaster, Gettysburg, and Chambersburg, and the I-83 corridor offers easy access to Harrisburg, Baltimore, I-76 PA Turnpike, I-81/I-78, and Harrisburg International Airport. The property size is 4,800 square feet.
Key Highlights
- Highly visible location on Loucks Road (US‑30), York's primary retail corridor, with unparalleled signature signage opportunities.
- Dual‑facing digital marquee board for enhanced roadside visibility.
- Meticulously maintained building with recent upgrades, suitable for retail or office use.
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
$57,275
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
7.20%
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%
$1,145,500
$1.1M
Cap Rate 7%
$818,214
$818.2K
Cap Rate 9%
$636,389
$636.4K
Market Conditions
NOI Build-Up for 4,800 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
$86.4K $18.00/SF
− Vacancy
−$4.6K −$0.95/SF
EGI
$81.8K $17.05/SF
− OpEx
−$24.5K −$5.11/SF
NOI
$57.3K $11.93/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$18.00 /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%
$1,145,500
Cap Rate 7%
$818,214
Cap Rate 9%
$636,389
Alternative Uses
Best Use
Retail
$818.2K
$715.9K – $954.6K
NOI $57,275 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,284 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
200k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 37%
Groceries 10%
Electronics 7%
Rutters
Shops & Services
30,601 visits/mo
0.3 miles
PetSmart
Shops & Services
23,687 visits/mo
0.3 miles
Grocery Outlet Bargain Market
Groceries
14,653 visits/mo
0.2 miles
Dunkin' Donuts
Dining
13,243 visits/mo
0.4 miles
Burger King
Dining
12,997 visits/mo
0.2 miles
Demographics for 17404, PA
37,745
Population
15,716
Households
2.4
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
21.5 sq mi
ZIP Area
1,756
Density / Sq Mi
$75,882
Median Household Income
$43,408
Median Earnings
$1,136
Median Rent
$176,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- stephenson's flowers — 805 Loucks Rd, York, PA 17404
Frequently Asked Questions
What type of property is this?
Storefront property - Stand-alone retail building with high visibility and signage.
Where is this storefront property located?
The property is located at 430 Loucks Rd York, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Highly visible location on Loucks Road (US‑30), York's primary retail corridor, with unparalleled signature signage opportunities.; Dual‑facing digital marquee board for enhanced roadside visibility.; Meticulously maintained building with recent upgrades, suitable for retail or office use.
