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Property profile & analytics
FOR SALE
Office buildings

1071 S Edgar St York, PA 17403

18,354 SF 1.96 ac lot Built 1957
Entity Owned 9-yr Hold Free & Clear
Property ID
US73-2011885
1071 S Edgar St, York, PA 17403 For Sale
$1,900,000 18,354 SF
1071 S Edgar St, York, PA 17403
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Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 1071 Edgar St in York County, offers a fantastic investment opportunity. The building boasts a total of 18,610 square feet, with 7,720 square feet currently vacant and available for lease. The existing structure is a newly constructed, single-story building, zoned for commercial use. The vacant space is highly divisible, offering the potential to create three separate units, each approximately 2,573 square feet. This flexibility allows for a variety of tenant options, including retail or office uses. The property's strategic location adjacent to WellSpan Health, other retail establishments, and residential areas ensures high visibility and foot traffic. The ample road frontage and abundant parking further enhance its appeal to potential tenants. This value-add opportunity presents a chance to capitalize on the strong demand for commercial space in this thriving area by leasing the vacant 7,720 square feet. The existing 10,250 square foot office space is already occupied. This property is ideal for investors seeking a strong return on investment in a prime location. The property's zoning allows for a diverse range of commercial uses, making it a versatile and attractive investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Total area 18,354 SF
Lot 1.96 ac (85,290 SF)
Zoning code CM
APN 48-000-20-0012.00-00000
UPID US73-2011885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Providence Engineering Structural Engineer Engineering Consultant
  • Edgar Business Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$2.33M
Owner & transaction history
Wise Choice Real Estate LLC · 9 yrs held
Wise Choice Real Estate LLC
since 2017
3 recorded transactions
2017
Price N/A
2017
$410,000
1969
Price N/A
Zoning & alternative use
CM · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.8M +122.8%
Medical building $2.0M +17.8%
Retail stores $1.9M +10.7%
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