Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1500 Proline Pl Gettysburg, PA 17325

    • Commercial real estate
    • 1 SF
    • 4.94 lot acres
    For Sale
    View listing
    $149,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1500 Proline Pl

    Lot size
    4.94 lot acres
    Property size
    1 SF
    Property type
    Commercial real estate

    Description

    This exceptional 4.94-acre lot, situated at 1500 Proline Place Unit 10 in Gettysburg, Pennsylvania, presents a remarkable opportunity for businesses seeking a strategic location. Part of the Adams Commerce Center, this property boasts convenient access to the Route 15/30 interchange, experiencing a high traffic volume of 12,000 AADT. The lot is zoned EC-1 and is serviced by three-phase, 12/208-volt electricity, with 13.2 KV underground service readily available. All necessary utilities, including sewer and water, are in place

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gettysburg
    County
    ADAMS
    State
    Pennsylvania
    Longitude
    -77.1867
    Latitude
    39.8417

    Comparable in this City

    • Value Estimation by Request
      30.44 Acres

      15 Neq

      Land • 30.44 Acres
      15 Neq, Gettysburg, PA 17325
      View Details
    • Value Estimation
      $320,000
      1.34 Acres

      528 Middle St

      COMMERCIAL (GENERAL) • 1.34 Acres
      528 Middle St, Gettysburg, PA 17325-1952
      View Details
    • Value Estimation by Request

      1075 Old Harrisburg Rd

      COMMERCIAL (GENERAL)
      1075 Old Harrisburg Rd, Gettysburg, PA 17325-3135
      View Details
    • Value Estimation by Request

      560 Rdg Rd

      COMMERCIAL (GENERAL)
      560 Rdg Rd, Gettysburg, PA 17325
      View Details
    • Value Estimation by Request

      Shealer Rd

      COMMERCIAL (GENERAL)
      Shealer Rd, Gettysburg, PA 17325
      View Details
    • Value Estimation by Request

      Shealer Rd

      COMMERCIAL (GENERAL)
      Shealer Rd, Gettysburg, PA 17325
      View Details

    Similar Nearby for Sale

    • $2,200,000
      4,538 SF

      Gettysburg Commercial Land Investment

      High-traffic corner lot, lease or buy.
      1709 York Rd, Gettysburg, PA 17325
      View Details
    • $100,000
      3.00 Acres

      Gettysburg Commercial Land Opportunity

      Three-acre lot, high visibility, multiple uses.
      2951 York Rd, Gettysburg, PA 17325
      View Details
    • $680,800
      5.92 Acres

      Gettysburg Commercial Land Opportunity

      5.92 Acres, Mixed-Use Zoning
      0 Palace Dr, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      15.00 Acres

      Prime Gettysburg Equestrian Facility

      Established equestrian center on 15 acres.
      2700 Mummasburg Rd, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      30.44 Acres

      Gettysburg Commercial Land Investment

      High-visibility land, US Rt. 15 frontage
      15 Neq, Gettysburg, PA 17325
      View Details
    • $750,000
      0.16 Acres

      Downtown Gettysburg Commercial Gem

      Historic District, Restaurant/Apartment Potential
      230 Steinwehr Ave, Gettysburg, PA 17325
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      2,763 SF

      Union Square Office Suites Available

      Modern Offices, Lincoln Square Proximity
      19 Baltimore St, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      645 SF

      Retail Space in Gettysburg Village

      Retail space available in a high-traffic Gettysburg outlet center.
      1863 Gettysburg Village Dr, Gettysburg, PA 17325
      View Details
    • $12 SF/Yr
      38,569 SF

      Gettysburg Retail Center Investment

      Prime Gettysburg retail space, high visibility.
      26 Springs Ave, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      12,000 SF

      Gettysburg Retail Pad Sites For Sale/Lease

      High-visibility retail pads in prime Gettysburg location.
      0 Rte 30 & Gtwy Blvd, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      14,533 SF

      Lincoln Commons Retail Center

      Gettysburg Retail Space Available Now
      30 York Rd, Gettysburg, PA 17325
      View Details
    • Contact for pricing
      125,000 SF

      Gettysburg Retail Center Opportunity

      High-traffic retail space available in Gettysburg, PA.
      1275 Lincoln Hwy, Gettysburg, PA 17325
      View Details
    Request Owner's contact information
    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.
    1500 Proline Pl
    Gettysburg, PA 17325
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.