Property profile

135 Sheraton Dr New Cumberland, PA 17070

OFF-MARKET
Turn key restaurants
Property ID
US73-2889206
5,200 SF 2.65 ac lot Built 1988
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.65-acre retail property at 135 Sheraton Drive in New Cumberland, Pennsylvania, presents a compelling redevelopment opportunity. Strategically located directly off the I-83/I-76 interchange, this site boasts unparalleled visibility and accessibility for businesses seeking a high-traffic location in Central Pennsylvania. The property features two available pad sites, each designed to accommodate drive-thru capabilities, making it ideal for food service, retail, or other businesses requiring convenient customer access. This is a single-tenant property with 1 square foot currently vacant. The site's convenient access points directly off Sheraton Drive ensure easy ingress and egress for customers. Furthermore, the property benefits from its proximity to established businesses, including Pizza Hut, McDonald's, Sunoco, Clarion Hotels, and Holiday Inn Express, creating a synergistic environment and attracting significant consumer traffic. This location offers a rare chance to establish a thriving business within a densely populated and highly accessible area. The property is situated in York County and has a zip code of 17070.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 5,200 SF
Lot 2.65 ac (115,434 SF)
Zoning code CH
APN 27-000-SF-0002.F0-00000
UPID US73-2889206

Cap rate & NOI

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

Location

135 Sheraton Dr New Cumberland, PA 17070-2440
New Cumberland metro Census 20100 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$960k
Blend (final) Blend
$875k

Owner & transaction history

since 2024
Last sale
$875,000
6 recorded transactions
2024
$875,000
2021
$720,000
2018
Price N/A
2018
$825,000
2017
$695,985
1969
Price N/A

Zoning & alternative use

CH · 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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