2145 Baltimore PikeHanover, PA 17331

Property Details for 2145 Baltimore Pike

Year built

1990

Lot size

2.00 AC

Property size (Sq ft)

5,670 SF

Zone code

CM

Property type

Retail properties

Property subtype

Auto shops

APN

52-000-BD-0106.00-00000

APU

52000BD01060000000

Description

This exceptional 5,670-square-foot warehouse, located at 2145 Baltimore Pike in Hanover, Pennsylvania (zip code 17331), presents a compelling leasing opportunity. The property boasts a single-tenant occupancy and sits on one acre of land, offering significant potential for various industrial or retail uses. The building's zoning is commercial, ensuring flexibility for a wide range of businesses. Convenient access is provided by two loading docks, a front parking lot, and a side garage bay entrance. The interior space is finished and offers ample room for customization, making it ideal for businesses seeking versatile and functional warehouse space. The property benefits from high visibility due to its road frontage on Baltimore Pike, ensuring excellent exposure for any business. This ready-to-occupy warehouse is available immediately, providing a seamless transition for businesses seeking a new location. The property's features, including the loading docks, ample parking, and finished interior, make it an attractive option for companies needing efficient and well-equipped warehouse facilities. The location in Hanover, Pennsylvania, offers access to major transportation routes and a thriving local economy. This is an exceptional opportunity to secure a well-located, functional warehouse space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,668,539

  6.5%

  $1,540,190

  7%

  $1,430,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,346,680

  Geo Method

  $898,883

• Alternative Use

  Use

  Valuation

  Residential

  $1,299,208

  Hospitality

  $1,190,067

  Educational

  $990,122

  Medical

  $1,024,174

  Retail

  $1,540,190

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.7548

Longitude

-76.9542

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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