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    Property profile & analytics

    164 Hanover St Carlisle, PA 17013-2410

    • Retail space
    • 34,000 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US73-1818321
    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

    • Sutherland Decor / Home Goods Store
    • Reclectic Home Decor / Antique Store
    • ATM $2.50 / Atm
    • The Carlisle Antique Mall / Antique Store / Vintage Clothing Store
    • The Crafty Corner LLC / Craft Store

    Property Details for 164 Hanover St

    Lot size
    0.60 lot acres
    Property size
    34,000 SF
    Property type
    Retail space
    APN
    05-21-0320-023
    APU
    5210320023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $665,000
      6.5%
      $665,000
      7%
      $630,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $575,000
      Geo Method
      $735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $550,000
      Mixed-Use
      $680,000
      Hospitality
      $760,000
      Educational
      $720,000
      Residential Income
      $715,000
      Energy
      $660,000
      Income-Based Land
      $735,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.1894
    Latitude
    40.2044
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, 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
    $10,864
    $288,000
    $187,000
    $475,000
    -
    $288,000
    $187,000
    $475,000

    Comparable in this City

    • Value Estimation by Request
      3.68 Acres

      320 York Rd

      RETAIL STORES (PERSONAL SERVICES) • 3.68 Acres
      320 York Rd, Carlisle, PA 17013-3180
      View Details
    • Value Estimation by Request
      756 SF

      3127 Spg Rd

      RETAIL STORES (PERSONAL SERVICES) • 756 SF
      3127 Spg Rd, Carlisle, PA 17013-8742
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    • Value Estimation by Request
      48.00 Acres

      50 Carlisle Springs Rd

      Individual retail properties • 9,000 SF
      50 Carlisle Springs Rd, Carlisle, PA 17013
      View Details
    • Value Estimation
      $485,000
      0.14 Acres

      19 Hanover St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      19 Hanover St, Carlisle, PA 17013-3014
      View Details
    • Value Estimation
      $660,000
      3,634 SF

      1058 Harrisburg Pike

      RETAIL STORES (PERSONAL SERVICES) • 3,634 SF
      1058 Harrisburg Pike, Carlisle, PA 17013-1615
      View Details
    • Value Estimation by Request
      5,950 SF

      1099 Harrisburg Pike

      RETAIL STORES (PERSONAL SERVICES) • 5,950 SF
      1099 Harrisburg Pike, Carlisle, PA 17013-1664
      View Details

    Similar Nearby for Sale

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      Turnkey Distillery, Bar & Restaurant

      Fully renovated distillery, bar, and restaurant in downtown Carlisle.
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      Historic Carlisle Mixed-Use Building

      Prime downtown location, 5,070 sq ft, vacant.
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      Operating Car Wash with Apartments

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    Similar Nearby for Lease

    • $18 SF/Yr
      1,198 SF

      Retail Space in Carlisle Crossing

      Retail space available in a Target and Kohl’s anchored center.
      202 Westminster Dr, Carlisle, PA 17013
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      Exceptional space for retail or commercial tenants in Carlisle, PA.
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      Downtown Carlisle Retail/Office Space

      First floor retail or office space in downtown Carlisle, PA.
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    • Contact for pricing
      1,500 SF

      Carlisle Retail Space Available

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    • $18 SF/Yr
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      Retail Space in Carlisle Crossing

      Retail space available in a Target and Kohl’s anchored center.
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      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Carlisle Commons

      Corner retail spaces available in Carlisle Commons shopping center.
      40 Noble Blvd, Carlisle, PA 17013
      View Details
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    164 Hanover St
    Carlisle, PA 17013-2410
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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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