Financial
Distress signals
Property profile

501 Rdg Ave Hanover, PA 17331

OFF-MARKET
Other industrial land
Property ID
US73-2161485
459,621 SF 66.95 ac lot Built 1948
Last sale Apr 2023 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-suite office building located in Hanover, Pennsylvania, within a 516,000-square-foot structure. Office space is arranged across three floors, with available suites sized approximately from 600 to 1,460 square feet, and an additional 10,922-square-foot suite on the second floor that features an open floor plan, high ceilings, and substantial natural light. Each suite has separate access. The building provides over 100 parking spaces and is situated within an established

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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$739k
Assessed land$739k
Effective rate3.37%

Value estimate

· Sep 2026
$3.29M
$2.96M – $3.62M
AI approach$3.43M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$16 – $106

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ID
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.8
Restaurant35.0
Wholesale Shop26.2

Location

501 Rdg Ave Hanover, PA 17331-9049
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Pne, Hanover, PA 17331 $1,500,000 Oct 2024 No data
Spg, Hanover, PA 17331 $865,000 Jul 2023 No data
George, Hanover, PA 17331 $4,850,000 Aug 2022 No data
Ctr, Hanover, PA 17331 $6,000 Jul 2021 No data
Barnhart, Hanover, PA 17331 $325,000 Jun 2021 No data
1469 Broadway, Hanover, PA 17331-1514 $75,000 Oct 2020 4,949 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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