Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1617 George St York, PA 17404-1805
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1617 George St York, PA 17404-1805

    View on Map
    • Drive through restaurants
    • 2,500 SF
    • 0.49 lot acres
    Off-Market
    Property ID
    US73-1022267
    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

    • Hardee's / Restaurant / Take-out & Catering

    Property Details for 1617 George St

    Year built
    1970
    Lot size
    0.49 lot acres
    Property size
    2,500 SF
    Zone code
    RS
    Property type
    Drive through restaurants
    APN
    36-000-08-0077.00-00000
    APU
    360000800770000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7346
    Latitude
    39.9841
    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
    $9,432
    $82,410
    $234,430
    $316,840
    -
    $82,410
    $234,430
    $316,840

    Comparable in this City

    • Value Estimation by Request
      1,761 SF

      1312 George St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,761 SF
      1312 George St, York, PA 17404-2013
      View Details
    • Value Estimation by Request
      3,860 SF

      908 Loucks Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,860 SF
      908 Loucks Rd, York, PA 17404-2202
      View Details
    • Value Estimation by Request
      8,776 SF

      1501 George St

      DRIVE-THRU RESTAURANT, FAST FOOD • 8,776 SF
      1501 George St, York, PA 17404-2016
      View Details
    • Value Estimation by Request
      3,913 SF

      60 Arsenal Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,913 SF
      60 Arsenal Rd, York, PA 17404-1801
      View Details
    • Value Estimation by Request
      3,056 SF

      724 Loucks Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,056 SF
      724 Loucks Rd, York, PA 17404-1703
      View Details
    • Value Estimation by Request
      2,072 SF

      1800 Susquehanna Trl

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,072 SF
      1800 Susquehanna Trl, York, PA 17404-1824
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      High-Profile Corner Property in York

      2.20 AC corner property ideal for redevelopment or adaptive reuse.
      1001 W Market St, York, PA 17404
      View Details
    • Contact for pricing
      Pending

      West York Commercial Space

      Commercial space on West Market Street, West York Borough.
      1277 W Market St, York, PA 17404
      View Details
    • Contact for pricing
      3,902 SF

      Retail Space For Sale

      Retail space available with a 6.50% CAP rate.
      908 Loucks Rd, York, PA 17404
      View Details
    • Contact for pricing
      4,800 SF

      Retail Building on Loucks Road

      Stand-alone retail building with high visibility and signage.
      430 Loucks Rd, York, PA 17404
      View Details
    • Contact for pricing
      1,836 SF

      Established Garage/Auto Service Station

      Highly visible garage/auto service station on a corner lot.
      2024 N George St, York, PA 17404
      View Details
    • Contact for pricing

      Retail Space Available in York

      Approximately 9,677 SF of retail space available for sale.
      470 Loucks Rd, York, PA 17404
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,951 SF

      Retail Space with Dedicated Parking

      Retail property with parking, kitchen, and signage available for lease.
      10 S Highland Ave, York, PA 17404
      View Details
    • Contact for pricing

      Professional Office Space Available

      First floor office space suitable for various businesses.
      1569 W King St, West York, PA 17404
      View Details
    • Contact for pricing

      Retail Shopping Center on Route 30

      47,192 SF retail center with high traffic visibility.
      907 Loucks Rd, York, PA 17404
      View Details
    • Contact for pricing

      York Crossing Retail Center Space

      Retail space in a dual-anchored shopping center.
      2100 York Crossing Dr, West York, PA 17404
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Maple Village

      Retail space available in a busy York shopping center.
      970 Loucks Rd, York, PA 17404
      View Details
    • Contact for pricing
      1,288 SF

      Retail Space on Main Corridor

      Retail spaces available in high-traffic shopping center.
      1115 Carlisle Rd, York, PA 17404
      View Details

    Property Visit Statistics

    • Visits by month
      13.0k
    • Visitors by month
      8.9k
    • Avg Time on site
      12 min
    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.
    1617 George St
    York, PA 17404-1805
    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!