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Property profile & analytics

316 Broadway Hanover, PA 17331

  • Warehouses
  • 4,851 SF
  • 0.11 lot acres
Value Estimation
Last Sale
Sep 08, 2021
$209,000
Location Intelligence
Property ID
US73-1067051
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Costa Oil North America HQ / Oil Change Service

Property Details for 316 Broadway

Year built
1920
Lot size
0.11 lot acres
Property size
4,851 SF
Zone code
RS
Property type
Warehouses
APN
67-000-18-0146.00-00000
APU
670001801460000000

Description

This exceptional freestanding retail property, located at 316 Broadway in Hanover, Pennsylvania (zip code 17331), presents a unique investment opportunity. The building, constructed in 1920, offers 4,851 square feet of versatile space currently vacant and ready for immediate occupancy. Situated on a 0.24-acre lot, the property boasts excellent visibility at the intersection of Broadway (9,000 vehicles per day) and West Chestnut Street, ensuring high traffic exposure for any business. The building's features include convenient drive-thru overhead doors, making it ideally suited for contractors, small businesses, or showroom operations. The asking price is $399,000, translating to a price per square foot of $82.25. This represents a compelling opportunity to acquire a well-located, functional building in a thriving Pennsylvania market. The property's central location within Hanover, York County, provides easy access to local amenities and a strong customer base. Its size and features offer significant potential for a variety of commercial uses. Don't miss this chance to secure a prime retail space in a high-traffic area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $215,000
  • CAP approach

    CAP return
    Estimation
    6%
    $160,000
    6.5%
    $175,000
    7%
    $175,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $155,000
    Geo Method
    $155,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $140,000
    Retail
    $160,000
    Mixed-Use
    $150,000
    Hospitality
    $130,000
    Educational
    $150,000
    Residential Income
    $160,000
    Energy
    $130,000
    Income-Based Land
    $170,000
    Food Service
    $175,000

Location Insight

  • Map
  • Local Demand
City
Hanover
County
York
State
Pennsylvania
Longitude
-76.9809
Latitude
39.8045
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,751
$37,320
$65,920
$103,240
-
$37,320
$65,920
$103,240
More about this property
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