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    475 Fame Ave Hanover, PA 17331

    For Lease
    $6 SF/Yr

    Large Industrial Space, Excellent Location

    Lot size:
    53,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Hanover, PA industrial property, located at 475 Fame Avenue, offers a substantial 53,432 square feet of warehouse and office space. The single-tenant building sits on a 9.34-acre lot and features a 24-foot ceiling height, ideal for various manufacturing or warehousing needs. Currently, approximately 44,000 square feet of warehouse space is available for lease, with the option to lease the entire building or half. The warehouse boasts one loading dock and is climate-controlled for optimal operational efficiency. Complementing the warehouse is approximately 4,000 square feet of office space, complete with multiple private offices, a cubicle area, two conference rooms, and a large cafeteria/meeting room. The property is zoned for manufacturing and conveniently located near Industrial Drive in York County, Pennsylvania, with the zip code 17331. The lease rate is $6.00 per square foot, NNN. This property presents a rare opportunity to secure a significant amount of high-quality industrial space in a prime location. The owner is open to considering leasing options for half of the warehouse space, providing flexibility for businesses of varying sizes.

    Property Features for 475 Fame Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,432 SF
    Total Rate
    26716

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    44,000 SF
    Rate per SF
    $6
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elsner Engineering Works ... Machining Manufacturer Paco Winders Manufacturing, ... Manufacturer Utz Workers' Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -76.9644725
    Latitude
    39.8215264

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    FAQs

    What type of property is this?
    Office space - Large Industrial Space, Excellent Location
    Where is this office space located?
    The property is located at 475 Fame Ave Hanover, PA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    Request Owner's contact information
    475 Fame Ave Hanover, PA 17331
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    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
    475 Fame Ave Hanover, PA 17331
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