1750 5th Ave York, PA 17403-2607
Property Lookup
Property profile & analytics
1750 5th Ave York, PA 17403-2607
- Office buildings
- 43,024 SF
- 5.50 lot acres
Property ID
US73-1178364
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.
Location Intelligence
Current Use by Public Records
- Orthopaedic & Spine Specialists: Song Suzette J MD / Physician
- Jamison John D / Physician
- Majid Kamran MD / Physician
- Klein Michael A MD / Physician
- Red Lion Controls / Electronic Parts Supplier / Computer Hardware Manufacturer
Property Details for 1750 5th Ave
- Year built
- 1988
- Lot size
- 5.50 lot acres
- Property size
- 43,024 SF
- Zone code
- CM
- Property type
- Office buildings
- APN
- 48-000-11-0023.00-00000
- APU
- 480001100230000000
Description
This exceptional investment opportunity presents a 43,024 square foot office building in York, Pennsylvania, currently 100% occupied by HMS Networks AB, a financially robust international Industrial ICT company listed on the Nasdaq Nordic Stock Exchange. The property, built in 1988 and renovated in 2023, sits on a 5.5-acre lot at 1750 5th Avenue, York, PA 17403. The asking price is $7,692,307, representing a compelling $178.79 per square foot and a 6.50% cap rate based on a $500,000 NOI. The sale-leaseback structure features an absolute triple-net (NNN) lease with a corporate guarantee, ensuring minimal landlord responsibilities. The lease agreement includes a 10-year initial term with two 5-year renewal options, providing long-term stability and predictable income. Annual rent bumps of 2% offer protection against inflation and consistent NOI growth. HMS Networks AB, with 1200 employees and €267 million in 2023 sales, demonstrates a strong commitment to operational excellence and continued growth, further enhancing the investment's value. This is a rare opportunity to acquire a high-quality, income-producing asset with a secure, long-term tenant in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,305,000
- ML approach
- $2,230,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.6907
- Latitude
- 39.9663
- 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
$136,321
$331,270
$3,365,500
$3,696,770
-
$331,270
$3,365,500
$3,696,770
