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    Property profile & analytics

    118 Carlisle St Hanover, PA 17331-2451

    • Office buildings
    • 18,616 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US73-0610855
    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

    • Savant Wealth Management / Financial Planner
    • Hulson Homes / Property Management Company
    • Young Manor / Aged Care
    • Richards Retirement Group / Retirement Home
    • Blue Ridge Holdings LLC / Holding Company

    Property Details for 118 Carlisle St

    Year built
    1896
    Lot size
    0.61 lot acres
    Property size
    18,616 SF
    Zone code
    ID
    Property type
    Office buildings
    APN
    67-000-08-0085.00-00000
    APU
    670000800850000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $300,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $280,000
      Mixed-Use
      $300,000
      Hospitality
      $285,000
      Educational
      $355,000
      Residential Income
      $295,000
      Energy
      $290,000
      Income-Based Land
      $315,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.9853
    Latitude
    39.8018
    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
    $16,593
    $122,660
    $334,060
    $456,720
    -
    $122,660
    $334,060
    $456,720

    Comparable in this City

    • Value Estimation
      $140,000
      2,424 SF

      235 Railroad St

      OFFICE BUILDING • 2,424 SF
      235 Railroad St, Hanover, PA 17331-2257
      View Details
    • Value Estimation
      $135,000
      4,022 SF

      300 Baltimore St

      OFFICE BUILDING • 4,022 SF
      300 Baltimore St, Hanover, PA 17331-3239
      View Details
    • Value Estimation
      $330,000
      2,592 SF

      1100 Baltimore St

      OFFICE BUILDING • 2,592 SF
      1100 Baltimore St, Hanover, PA 17331-4403
      View Details
    • Value Estimation
      $310,000
      4,180 SF

      585 Mcallister St

      OFFICE BUILDING • 4,180 SF
      585 Mcallister St, Hanover, PA 17331-3324
      View Details
    • Value Estimation
      $220,000
      6,398 SF

      230 York St

      OFFICE BUILDING • 6,398 SF
      230 York St, Hanover, PA 17331-3270
      View Details
    • Value Estimation
      $285,000
      5,559 SF

      605 Gitts Run Rd

      OFFICE BUILDING • 5,559 SF
      605 Gitts Run Rd, Hanover, PA 17331-9584
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      0.52 Acres

      Hanover Flex Space: Prime Location

      8,480 SF Flex Space Available for Lease
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    • $1,750,000
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    Similar Nearby for Lease

    • Contact for pricing
      16,200 SF

      Hanover Office Building For Rent

      Class B office building in Hanover, PA, available for rent.
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      View Details
    • $6 SF/Yr
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      Hanover, PA Warehouse For Lease

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    • $24 SF/Yr
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      Hanover Medical Office Space For Lease

      Prime Medical Office, 1,600-5,340 SF Available
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      View Details
    • $13 SF/Yr
      1,100 SF

      Hanover Medical Office Space For Sale

      High-visibility medical office, flexible layout.
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      View Details
    • $12 SF/Yr
      10,628 SF

      Modern Office Space For Sublease

      Clean, modern office space in Hanover, available for sublease.
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      View Details
    • $15 SF/Yr
      167,392 SF

      Clearview Shopping Center: Hanover, PA

      Hanover retail space, multiple suites available.
      1000 Carlisle St, Hanover, PA 17331
      View Details
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    118 Carlisle St
    Hanover, PA 17331-2451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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