Property profile

2145 Baltimore Pike Hanover, PA 17331

OFF-MARKET
Auto shops
Property ID
US73-2841310
5,670 SF 2 ac lot Built 1990
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,670-square-foot warehouse, located at 2145 Baltimore Pike in Hanover, Pennsylvania (zip code 17331), presents a compelling leasing opportunity. The property boasts a single-tenant occupancy and sits on one acre of land, offering significant potential for various industrial or retail uses. The building's zoning is commercial, ensuring flexibility for a wide range of businesses. Convenient access is provided by two loading docks, a front parking lot, and a side garage bay entrance. The interior space is finished and offers ample room for customization, making it ideal for businesses seeking versatile and functional warehouse space. The property benefits from high visibility due to its road frontage on Baltimore Pike, ensuring excellent exposure for any business. This ready-to-occupy warehouse is available immediately, providing a seamless transition for businesses seeking a new location. The property's features, including the loading docks, ample parking, and finished interior, make it an attractive option for companies needing efficient and well-equipped warehouse facilities. The location in Hanover, Pennsylvania, offers access to major transportation routes and a thriving local economy. This is an exceptional opportunity to secure a well-located, functional warehouse space.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 5,670 SF
Lot 2 ac (87,120 SF)
Zoning code CM
APN 52-000-BD-0106.00-00000
UPID US73-2841310

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

2145 Baltimore Pike Hanover, PA 17331-9610
Hanover metro Census 22404 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$617k
Blend (final) Blend
$315k

Owner & transaction history

since 2014
3 recorded transactions
2019
Price N/A
2018
Price N/A
2014
$247,091

Zoning & alternative use

CM · Hanover, 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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