Financial
Distress signals
Property profile

225 Hanover Rd York, PA 17404

FOR SALE
Flex space
Property ID
US73-2649591
19,396 SF 12 ac lot Built 1955
Last sale Apr 2022 · $1,812,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Manufacturing campus consisting of three buildings totaling 30,639 square feet on 12 acres. The principal structure is approximately 306 feet in length and includes 18 feet 6 inches clear height, about 1,000 square feet of office area, one 5-ton bridge crane, two 2-ton bridge cranes, and multiple drive-in doors for material movement. A metal-skinned curing building measures 60 feet by 100 feet and provides 16 feet clear height with drive-through access via large doors at opposite ends. A

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$755k
Assessed land$382k
Assessed improvement$373k
Effective rate3.29%

Value estimate

· Sep 2026
$1.81M
$1.63M – $1.99M
AI approach$1.87M
CAP approach$1.74M
NOI build-up
Gross scheduled income$271k
Vacancy & credit loss−$15k
Operating expenses−$77k
NOI · 715.10% cap applied$179k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$47/SF
Submarket average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$27 – $64
Qualifying comparables5

Cap rate analysis

How does the asset earn?
715.10%
$179k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ID
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.6
Auto Parts Store10.5
Parking Facility10.2

Location

225 Hanover Rd York, PA 17404
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2080 Lemon, York, PA 17408-8749 $1,625,000 Jun 2025 8,864 SF
2075 Loucks, York, PA 17408-9704 $8,200,000 Dec 2020 92,276 SF
176 Bowman, York, PA 17408-8794 $285,000 Jun 2020 5,000 SF
2140 Lemon, York, PA 17408-8747 $375,000 Jul 2019 6,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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