Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2700 Queen St Dallastown, PA 17403
    Back to Search
    Property profile & analytics

    2700 Queen St, Dallastown, PA 17403

    View on Map
    • Retail properties & Spaces
    • 2,278 SF
    • 0.95 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2700 Queen St

    Year built
    1973
    Lot size
    0.95 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional 2,278 square foot freestanding retail building presents a rare investment opportunity. Situated on a 0.95-acre lot at 2700 S Queen Street in Dallastown, Pennsylvania, this former bank boasts a prime location near major national retailers and just one mile from I-83. The property benefits from high visibility and accessibility, with multiple points of ingress and egress, and over 23,000 vehicles passing daily. Strong household incomes in the area further enhance its appeal. The building features drive-thru lanes, pylon signage, and ample parking. Zoned CS (Commercial Shopping), this versatile property is suitable for a variety of uses, including quick-service restaurants (QSR), retail establishments, car washes, and medical facilities. Its proximity to York City (15-minute drive) and Red Lion (10-minute drive) adds to its strategic advantage. The property's 23,450 AADT (Average Annual Daily Traffic) underscores its significant potential for high returns. This is a remarkable redevelopment opportunity for a discerning investor seeking a high-traffic, well-located commercial property. The asking price is $1,000,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dallastown
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6814
    Latitude
    39.9086

    Comparable in this City

    • Value Estimation by Request
      58,244 SF

      1045 Mount Rose Ave

      Lifestyle centers
      1045 Mount Rose Ave, York, PA 17403
      View Details
    • Value Estimation by Request
      8,800 SF

      19 Reynolds Mill Rd

      Medical Office Space
      19 Reynolds Mill Rd, York, PA 17403
      View Details
    • Value Estimation by Request
      3,245 SF

      301 Main St

      Individual retail properties
      301 Main St, York, PA 17403
      View Details
    • Value Estimation by Request
      29,439 SF

      1700-1730 Queen St

      Individual retail properties
      1700-1730 Queen St, York, PA 17403
      View Details
    • Value Estimation by Request
      0.10 Acres

      1004 Mt Rose Ave

      VEHICLE SALES, RENTALS
      1004 Mt Rose Ave, York, PA 17403
      View Details
    • Value Estimation by Request
      3,450 SF

      1508 George St

      AUTO REPAIR, GARAGE
      1508 George St, York, PA 17403-4506
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,175 SF

      Drive-Thru Restaurant Building in York

      2,175 SF drive-thru restaurant on 0.43 acres for sale.
      1125 Edgar St, York, PA 17403
      View Details
    • Contact for pricing
      2,270 SF

      Retail Redevelopment Opportunity on Corner

      Corner parcel suitable for retail redevelopment with high visibility.
      1066 Mount Rose Ave, York, PA 17403
      View Details
    • Contact for pricing
      6,270 SF

      York Office and Storage Space

      Office space with storage in York, Pennsylvania.
      1120 E Mason Ave, York, PA 17403
      View Details
    • Contact for pricing

      Multi-Unit Commercial Retail Space

      Well-located commercial space with flexible zoning and value-add potential.
      1071 S Edgar St, York, PA 17403
      View Details
    • $297,000
      0.17 Acres

      Renovated Office Building, York PA

      Prime downtown location, versatile space for office, production, or retail.
      325 E Market St, York, PA 17403
      View Details
    • New
      $799,000
      13,140 SF

      Mixed-Use Investment Package in York

      Income-producing 6-unit investment package with parking and upside.
      22 N State St, York, PA 17403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      978 SF

      Retail Space with Ample Parking

      Retail space with great visibility and proximity to landmarks.
      1750 S Queen St, York, PA 17403
      View Details
    • Contact for pricing
      3,245 SF

      Prime Retail Storefront in New Salem

      High-traffic location, development potential
      301 Main St, York, PA 17403
      View Details
    • Contact for pricing

      Retail Development with Drive-Thru

      New retail development with drive-thru, divisible suites, high visibility.
      19 Reynolds Mill Rd, York, PA 17403
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space on South Queen

      Retail space available in a busy York shopping center.
      2058 S Queen St, York, PA 17403
      View Details
    • Contact for pricing

      Retail Space in York, PA

      Grocery-anchored shopping center with national co-tenants for lease.
      2142 S Queen St, York, PA 17403
      View Details
    • Contact for pricing
      2,670 SF

      Retail Space in Colonial Center

      Move-in ready retail space in high-traffic York location.
      964 S George St, York, PA 17403
      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.
    2700 Queen St
    Dallastown, PA 17403
    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

    Thank You for Inquiry
    2700 Queen St, Dallastown, PA, 17403
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!