Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1261 Princess St York, PA 17403-2544

    • Automotive properties
    • 5,190 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0677471
    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

    • East End Auto Care / Auto Repair Shop

    Property Details for 1261 Princess St

    Year built
    1966
    Lot size
    0.39 lot acres
    Property size
    5,190 SF
    Zone code
    CM
    Property type
    Automotive properties
    APN
    12-401-16-0021.00-00000
    APU
    124011600210000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.701
    Latitude
    39.9674
    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
    $9,876
    $71,660
    $87,420
    $159,080
    -
    $71,660
    $87,420
    $159,080

    Comparable in this City

    • Value Estimation by Request
      882 SF

      97 Belmont St

      VEHICLE SALES, RENTALS • 882 SF
      97 Belmont St, York, PA 17403-1213
      View Details
    • Value Estimation by Request
      3,796 SF

      1774 Queen St

      VEHICLE SALES, RENTALS • 3,796 SF
      1774 Queen St, York, PA 17403-4612
      View Details
    • Value Estimation by Request
      0.18 Acres

      1002 Mt Rose Ave

      VEHICLE SALES, RENTALS • 0.18 Acres
      1002 Mt Rose Ave, York, PA 17403-2939
      View Details
    • Value Estimation by Request
      0.10 Acres

      1004 Mt Rose Ave

      VEHICLE SALES, RENTALS • 0.10 Acres
      1004 Mt Rose Ave, York, PA 17403
      View Details
    • Value Estimation by Request
      2,278 SF

      2700 Queen St

      VEHICLE SALES, RENTALS • 2,278 SF
      2700 Queen St, York, PA 17403-9701
      View Details
    • Value Estimation by Request
      3,249 SF

      678 Richland Ave

      VEHICLE SALES, RENTALS • 3,249 SF
      678 Richland Ave, York, PA 17403-3446
      View Details

    Similar Nearby for Sale

    • $450,000
      2,175 SF

      Drive-Thru Restaurant Building in York

      2,175 SF drive-thru restaurant on 0.43 acres for sale.
      1125 Edgar St, York, PA 17403
      View Details
    • $1,900,000

      Multi-Unit Commercial Retail Space

      Well-located commercial space with flexible zoning and value-add potential.
      1071 S Edgar St, York, PA 17403
      View Details
    • $2,900,000
      22,000 SF

      Redevelopment Opportunity on Signalized Corner

      2.2 AC corner lot with 22,000 SF building.
      1001 W Market St, York, PA 17403
      View Details
    • $1,900,000
      18,610 SF

      York Retail Center: Prime Location

      18,610 SF Vacant Storefront, NNN Lease
      1071 Edgar St, York, PA 17403
      View Details
    • $1,900,000
      1.96 Acres

      Retail and Office Space Available

      Multi-unit commercial space with flexible zoning in York, Pennsylvania.
      1071 S Edgar St, York, PA 17403
      View Details
    • $849,000
      5,531 SF

      York County Ranch - 7 Acres

      Spacious Ranch, 2 Homes, 7 Acres
      2505 Joppa Rd, York, PA 17403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,000 SF

      York County Retail Space For Lease

      1,416 SF inline space in thriving shopping center.
      930 Richland Ave, York, PA 17403
      View Details
    • Contact for pricing
      3,245 SF

      Prime Retail Storefront in New Salem

      High-traffic location, development potential
      301 Main St, York, PA 17403
      View Details
    • Contact for pricing
      5,000 SF

      Retail Center on West Market

      Retail spaces available in high-traffic York County shopping center.
      1200 W Market St, York, PA 17403
      View Details
    • Contact for pricing
      3,000 SF

      New Office/Retail Space Available

      New 3,000 SF office/retail space in repurposed warehouse complex.
      1320 W Market St, York, PA 17403
      View Details
    • $12 SF/Yr
      215,000 SF

      York, PA Office Suite - 7,000 SF

      Prime York, PA office space. 7,000 sq ft, ample parking.
      441 Market St, York, PA 17403
      View Details
    • Contact for pricing
      58,244 SF

      Mt. Rose Ave Plaza Pad Site

      York, PA Shopping Center Pad
      1045 Mount Rose Ave, York, PA 17403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1261 Princess St
    York, PA 17403-2544
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!