Technical
Financial
Distress signals
Property profile

1000 Carlisle St Hanover, PA 17331

FOR LEASE
Strip malls
Property ID
US73-0740928
196,848 SF 7.78 ac lot Built 1950
Trust Owned 10-yr Hold
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Property summary

AI-generated overview

Clearview Shopping Center is a community shopping center totaling 167,392 square feet, situated on Route 94/Carlisle Street in Hanover’s shopping district. The property is designed with ample parking and multiple points of access, positioned for significant vehicular exposure with an average traffic count of about 22,000 vehicles per day. The center includes a 10’ x 20’ digital billboard located at the main entrance, which is a site feature associated with tenant advertising. The overall configuration provides leasable retail suites, including suites located toward the rear of the center. The site is located near the Maryland state line, supporting access to customers from the surrounding regional area. Demographic and employment characteristics in the broader trade area include a population base within a 20-minute drive exceeding 92,888 residents with household incomes averaging above $98,000 and a daytime employment base of 32,872, with additional concentration within a 10-mile radius reaching 123,406 people across 49,201 households; the labor force is reported at 36,369 with average household income around $102,737.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1950
Total area 196,848 SF
Lot 7.78 ac (338,897 SF)
Zoning code RS
APN 67-000-12-0052.00-00000
UPID US73-0740928

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering
  • Restaurant
  • Training Center
  • Counselor

Location

1000 Carlisle St Hanover, PA 17331
Hanover metro Census 22300 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.10M

Owner & transaction history

since 2015
7 recorded transactions
2022
Price N/A
2018
Price N/A
2016
Price N/A
2015
$6.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RS · Hanover, 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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