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    2157 Baltimore Pike Hanover, PA 17331

    Sponsored
    For Lease
    Contact for pricing

    3.43 Acres, Signalized Corner, High Traffic

    Lot size:
    149,411 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.43-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding South Hanover, PA market. Located at 2157 Baltimore Pike, this single-tenant property boasts a highly visible location at a signalized intersection, directly across from a Camping World store. The property benefits from exceptional daily traffic counts exceeding 14,500 vehicles on Baltimore Pike, ensuring high visibility and accessibility for any commercial venture. The area is experiencing significant growth fueled by Maryland commuters and Washington D.C. retirees seeking a more affordable lifestyle, with over 1,000 new residential units planned within the next six years. This translates to increased consumer traffic and a robust potential customer base for future development. Situated in York County, Pennsylvania, with a zip code of 17331, this property offers unparalleled potential for a variety of commercial uses, capitalizing on the area's burgeoning population and strategic location. The property's size and prime location make it ideal for a wide range of commercial developments, promising strong returns on investment. The coordinates are 39.754708 latitude and -76.9534813 longitude. Don't miss this chance to secure a piece of South Hanover's thriving commercial landscape.

    Property Features for 2157 Baltimore Pike

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    149,411 SF

    Unit(s) available at that property

    Space
    Size
    149,411 SF

    HighLights

    • 3.43‑acre parcel on a signalized intersection.
    • Strong demographics with a median household income exceeding $81,000.
    • High traffic count exceeding 14,500 cars per day (CPD).
    • Excellent visibility across from a Camping World location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.9534813
    Latitude
    39.754708

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    FAQs

    What type of property is this?
    Land - 3.43 Acres, Signalized Corner, High Traffic
    Where is this land located?
    The property is located at 2157 Baltimore Pike Hanover, PA.
    What are key features of this property?
    This property features: 3.43-acre parcel on a signalized intersection.; Strong demographics with a median household income exceeding $81,000.; High traffic count exceeding 14,500 cars per day (CPD).
    Request Owner's contact information
    2157 Baltimore Pike Hanover, PA 17331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2157 Baltimore Pike Hanover, PA 17331
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