This exceptional 2,922 square foot freestanding retail building is ideally situated at 1517 N George St in York, Pennsylvania, 17404. Located on a fully signalized intersection at a primary exit of Route 30 and George St, this property boasts high visibility and accessibility. The site benefits from exceptional traffic counts, with N George St recording 14,329 ADT and Arsenal Rd (Route 30) showing 54,610 ADT. This prime location is surrounded by a thriving retail environment, including nearby establishments such as Taco Bell, PetSmart, Old Navy, Grocery Outlet, McDonald's, Wendy's, Starbucks, and Hardee's. The area also features several hotels, including Four Points by Sheraton York, Tru by Hilton York, and Wingate by Wyndham York, further enhancing the potential customer base. The property is specifically targeted towards banks, fast food, quick-service restaurants (QSRs), and medical users. Within a one-mile radius, the average household income is $73,448, and the population stands at 7,679, indicating a strong and affluent demographic. The site's adjacency to the intersection of Route 83 and Route 30 provides unparalleled access and exposure to a large volume of traffic. This presents a unique opportunity for businesses seeking a high-traffic, high-visibility location in a rapidly growing area.
Individual retail property - New 2,922 SF freestanding retail space.
Where is this individual retail property located?
The property is located at 1517 George St York, PA.
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1517 George St York, PA 17404
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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.
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1517 George St York, PA 17404
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1517 George St, York, PA
Keith Seymour
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