633 Market StYork, PA 17403

Property Details for 633 Market St

Lot size

0.28 AC

Property size (Sq ft)

4,138 SF

Zone code

CM

Property type

Retail properties

Property subtype

Parking lots & garages

APN

12-378-08-0012.00-00000

APU

123780800120000000

Description

This exceptional 0.28-acre commercial land parcel is strategically located at 633 E Market St, York, PA 17403, in York County. Priced at $225,000, this represents a land value of $803,571 per acre. The property is zoned UN1, offering a multitude of development possibilities. Its prime location on East Market Street ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. Potential uses include the development of a thriving business hub, retail complex, or office space catering to the local community. Alternatively, the site could support a mixed-use project, seamlessly blending commercial and residential elements to create a vibrant live-work-play environment. The property's versatility also allows for the creation of a residential neighborhood or multi-family housing development. This exceptional opportunity presents a blank canvas for a developer to realize their vision in a highly desirable location within York, Pennsylvania. The property's size and zoning provide significant flexibility for a range of development projects, capitalizing on the area's strong market dynamics. This is a rare chance to acquire a prime piece of land in a thriving Pennsylvania city.

• CAP approach

  CAP return

  Valuation

  6%

  $1,078,125

  6.5%

  $995,192

  7%

  $924,107

• Comparable approach

  Method

  Valuation

  Relative Method

  $904,657

  Geo Method

  $656,010

• Alternative Use

  Use

  Valuation

  Residential

  $839,482

  Hospitality

  $768,961

  Educational

  $639,766

  Medical

  $661,769

  Retail

  $995,192

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9671

Longitude

-76.7148

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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