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    The Largest CRE Database in the US with Over 1 Million Listings

    570 Hollander Rd New Holland, PA 17557

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    For Lease
    $9 SF/Yr

    118,000 SF Office/Warehouse For Lease

    Lot size:
    118,000 SF

    Property Features for 570 Hollander Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    118,000 SF
    Total Rate
    93416.67

    Spaces For Lease

    at 570 Hollander Rd, New Holland, PA 17557 Contact us
    Unit Available space

    $9 /Mo

    Size
    118,000 SF
    Contact us

    We can help!

    Listing Contact
    Scott Bradbury
    Scott Bradbury

    Listing Agent: Scott Bradbury

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

    Learn more

    Overview

    This exceptional 118,000-square-foot industrial property, located at 570 North Hollander Road in New Holland, Pennsylvania, presents a unique opportunity for a single tenant. Situated on a spacious 10-acre lot in Lancaster County, this building offers a versatile blend of executive office space and warehouse functionality. The warehouse boasts impressive 35-foot ceilings, providing ample vertical storage capacity. Efficient operations are ensured with eight loading docks and one dock-high door. The property features ample paved parking to accommodate employees and visitors. The building is fully vacant and ready for immediate occupancy. Power is robust, featuring 3-phase, 480V, 800-amp service, ideal for energy-intensive operations. The property is zoned I - Industrial, allowing for a wide range of uses. Its convenient location in New Holland, Pennsylvania, zip code 17557, offers easy access to major transportation routes, making it an ideal distribution hub or manufacturing facility. This is a rare opportunity to secure a large, well-equipped industrial space in a desirable location. The property's size, features, and location make it an attractive option for businesses seeking significant expansion or relocation. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Pharmacy Auto Parts Store Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    New Holland
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.0992658
    Latitude
    40.0837772

    Nearby Similar for Lease

    • $16 SF/Yr
      19,600 SF

      Brookshire Plaza Retail Space

      Prime New Holland Shopping Center Space Available
      844 Main St, New Holland, PA 17557
      View Details
    • $2,900 /Mo

      Historic Office Space in New Holland

      Spacious office in downtown New Holland, suitable for various uses.
      100 E Main St, New Holland, PA 17557
      View Details
    • $15 SF/Yr
      3,450 SF

      Turn-Key Office Space Available

      First floor office space for lease in New Holland, PA.
      125 Peters Rd, New Holland, PA 17557
      View Details
    • $9 SF/Yr
      121,000 SF

      Warehouse Space with Office

      Warehouse space featuring office, loading docks, and overhead door.
      568 Hollander Rd, New Holland, PA 17557
      View Details
    • $1,149,500

      New Holland Warehouse To Be Built

      121,000 SF warehouse with 35' clear height.
      570 Hollander Rd, New Holland, PA 17557
      View Details

    FAQs

    What type of property is this?
    Distribution property - 118,000 SF Office/Warehouse For Lease
    Where is this distribution property located?
    The property is located at 570 Hollander Rd New Holland, PA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 118,000 SF industrial building on a 10-acre lot in New Holland, PA.; 3,000 SF of executive office space.; 35' clear height warehouse.
    Request Owner's contact information
    570 Hollander Rd New Holland, PA 17557
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    New Holland, PA 17557
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    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
    570 Hollander Rd New Holland, PA 17557
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    Listing Contact
    Scott Bradbury
    Scott Bradbury
    Real Estate License ID: RS176400L
    Learn more
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