Technical
Financial
Distress signals
Property profile

1 Ross Ave New Cumberland, PA 17070

FOR LEASE
Commercial land
Property ID
US73-2093620
2,772 SF 0.47 ac lot Built 1990
Entity Owned 25-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.62-acre commercial land parcel presents a prime opportunity for retail development in New Cumberland, PA. Located at 1 Ross Ave, this single-tenant pad site boasts a highly visible corner location at the intersection of Ross Avenue and Old York Road, directly facing Fairview Commons and Fairview Plaza Shopping Centers. The property is zoned as Village Business District, offering flexibility for a variety of uses. Its strategic position near the Capital City Airport and, significantly, in close proximity to the New Cumberland Army Depot (the largest Department of Defense wholesale distribution site in the US, encompassing 851 acres), ensures high traffic volume and a substantial potential customer base. This location is particularly well-suited for businesses such as fast-food restaurants, financial institutions, or office spaces. The property is also available for purchase, providing additional investment options. The site's size and location make it an attractive proposition for businesses seeking high visibility and accessibility in a thriving commercial area. This is a rare opportunity to secure a prominent retail location in a high-demand area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1990
Total area 2,772 SF
Lot 0.47 ac (20,473 SF)
Zoning code CN
APN 27-000-SF-0085.00-00000
UPID US73-2093620

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Ross Ave New Cumberland, PA 17070
New Cumberland metro Census 20100 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

Zoning & alternative use

CN · New Cumberland, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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