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    1401 York St Hanover, PA 17331

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    1401 York St Hanover, PA 17331


    • Office buildings
    • 38,712 SF
    • 39.68 lot acres
    Hanover R&D Facility For Sale For Sale
    $5,085,000
    62,024 SF

    Hanover R&D Facility For Sale

    62,000 SF R&D facility on 7.385 acres in Hanover, PA.

    1401 York St, Hanover, PA 17331
    View Listing
    Property ID
    US73-2302096
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1401 York St

    Year built
    2013
    Lot size
    39.68 lot acres
    Property size
    38,712 SF
    Zone code
    CM
    Property type
    Office buildings
    APN
    44-000-DE-0095.00-00000
    APU
    44000DE00950000000

    Description

    This exceptional Class A office building, constructed in 2014, presents a unique investment opportunity in Hanover, Pennsylvania. Spanning 62,024 square feet across three stories, this single-unit property sits on a generous 7.385-acre lot zoned for industrial use. The building features 38 private offices, multiple conference and meeting rooms, and eight restrooms. A significant highlight is an 11,000-square-foot test kitchen and prototype/simulation area, ideal for research and development or similar uses. Additionally, there's over 10,000 square feet of unfinished space offering considerable expansion potential. A fully equipped, separately accessed medical office suite is also included. The property's versatile design caters to various uses, including traditional office, executive office, medical office, multi-tenant occupancy, or light manufacturing. The asking price is $7,450,000. The property's APN is 44-000-DE-0095-00-00000. Located at 1401 York St, Hanover, PA 17331, this prime location offers easy access to major transportation routes and thriving industries. This is a rare opportunity to acquire a high-quality, versatile commercial property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,662,000
      Market price range: $2.03M - $4.66M
      AI Estimate
      $4,786,000
      Market price range: $1.81M - $4.79M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,250,000
      Current use
      AUTO REPAIR, GARAGE
      $5,090,000
      Change: +57% Conversion: Difficult
      RESTAURANT
      $4,610,000
      Change: +42% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $4,335,000
      Change: +33% Conversion: Easy
      MEDICAL BUILDING
      $4,260,000
      Change: +31% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.9468
    Latitude
    39.8055
    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
    $171,908
    $1,052,840
    $4,048,280
    $5,101,120
    -
    $1,052,840
    $4,048,280
    $5,101,120
    View Listing
    More about this property
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