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Hanover Industrial Property for Sale
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307 Oxford Ave, Hanover, PA 17331

Large industrial property with LERTA designation and easy access.

Property SizeContact for details
Days on Market1362

Property Features for 307 Oxford Ave

General Information

Standard status Active
Property subtype Land
Listing Agency: PSIG
Listed By: Ryan Nelson · License #PA
Source: Crexi
Added: Dec 12, 2022 Changed: Aug 28 Last Checked: Aug 31 at 1:45AM

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 PSIG

Investment Insights

Based on property information with market context.

This large industrial property is located in the Hanover area. It is ideally situated along the planned Eisenhower Drive extension, which will provide convenient access north and south on Route 94. The property features flat topography, which facilitates cost-effective development. Utilities are available at the site. The property has LERTA designation, offering potential real estate tax savings for the first 10 years.

Key Highlights

  • LERTA designation provides significant real estate tax savings for 10 years.
  • Only large industrial property available in the Hanover area.
  • Ideally located along the planned Eisenhower Drive extension for easy access to Rt 94.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store HVAC Service Storage Facility

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

81
Businesses Nearby

Demographics for 17331, PA

55,458
Population
23,528
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
74.4 sq mi
ZIP Area
745
Density / Sq Mi
$76,661
Median Household Income
$45,168
Median Earnings
$1,127
Median Rent
$228,700
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
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial property with LERTA designation and easy access.
Where is this industrial land located?
The property is located at 307 Oxford Ave Hanover, PA.
What are key features of this property?
This property features: LERTA designation provides significant real estate tax savings for 10 years.; Only large industrial property available in the Hanover area.; Ideally located along the planned Eisenhower Drive extension for easy access to Rt 94.
More about this property
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