Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2323 Carlisle Rd York, PA 17408

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    25,681 SF shopping center on Carlisle Road in York.

    Property Features for 2323 Carlisle Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Chad Stine
    Chad Stine
    Source: Crexi

    Listing Agency: Bennett Williams Commercial Listing Agent: Chad Stine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Neighborhood Shopping Center For Rent

    Shiloh Village is a 25,681 square foot neighborhood shopping center located along Carlisle Road in York, Pennsylvania. The center serves consumers in the immediate area by offering daily needs such as food, dry cleaning, gasoline, and medical services. Situated along Carlisle Road, it provides access to Route 30 and Route 15.
    Location Intelligence

    Current Use by Public Records

    China Wok Restaurant Subway Restaurant Top Copia Investment Bank York Mixed Martial ... Training Center ALS Environmental Laboratory

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.799834
    Latitude
    39.979306

    Nearby Similar for Lease

    • $3,000 /Mo
      2,178 SF

      Prime York City Restaurant Space

      Updated restaurant space in York's historic business district.
      22 N George St, York, PA 17401
      View Details
    • $1,200 /Mo

      York City Commercial Office Condo

      Prime commercial office space for rent in York, Pennsylvania.
      1 E Market St, York, PA 17401
      View Details
    • $33,000
      7,405 SF

      Renovated Office Building, Downtown York

      Prime location, flexible space, ideal for office or production.
      325 E Market St, York, PA 17403
      View Details
    • $15 SF/Yr
      1,586,455 SF

      Class A Office Space Available

      Professional office space for lease near Interstate 83 in York.
      250 Cross Farm Ln, York, PA 17406
      View Details
    • $9,300 /Mo
      50,530 SF

      Drive-Through Restaurant Opportunity in York

      Two-lane drive-through restaurant for lease in York, PA.
      4315 N George St, York, PA 17406
      View Details
    • $1,200 /Mo

      York City Commercial Office Condo

      Prime commercial office space in the heart of York City.
      1 E Market St, York, PA 17401
      View Details
    • $650 /Mo
      44,431 SF

      Loft Style Office in York

      Loft-style office with exposed brick, courtyard access, and parking.
      600 N Hartley St, York, PA 17404
      View Details
    • $750 /Mo
      12,197 SF

      East York Office Space

      High-visibility office space available for lease in East York.
      1810 E Market St, York, PA 17402
      View Details
    • $55,000
      173,369 SF

      Retail Pad Site in York

      Grocery-anchored shopping center pad site available for lease.
      1500 N George St, York, PA 17404
      View Details
    • New
      $20,280
      11,352 SF

      Professional Office Space in York

      Three floors of office space on PA Route 462.
      2215 E Market St Unit, York, PA 17402
      View Details
    • $16 SF/Yr
      71,003 SF

      High-Visibility Office Space in York

      3,484 SF office space on East Market Street for lease.
      3995 E Market St, York, PA 17402
      View Details
    • $850 /Mo
      11,326 SF

      Professional Office Space For Lease

      Professional office space available on a highly visible street.
      2215 E Market St Unit, York, PA 17402
      View Details

    FAQs

    What type of property is this?
    Shopping center - 25,681 SF shopping center on Carlisle Road in York.
    Where is this shopping center located?
    The property is located at 2323 Carlisle Rd York, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Carlisle Road, a main thoroughfare to Routes 30 and 15.; - Established neighborhood shopping center with 25,681 square feet of space.; - Caters to daily needs of local consumers (food, dry cleaning, gasoline, medical).
    (717) 843-5555
    Request Owner's contact information
    2323 Carlisle Rd York, PA 17408
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2323 Carlisle Rd
    York, PA 17408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2323 Carlisle Rd York, PA 17408
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chad Stine
    Chad Stine
    Real Estate License ID: RS223285L
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!