225 Hanover Rd, Unit | York York, PA 17404
- Flex space
- 19,396 SF
- 12.00 lot acres
Current Use by Public Records
- Premium Parking and Storage / Parking Lot / Truck Stop
Property Details for 225 Hanover Rd
- Year built
- 1955
- Lot size
- 12.00 lot acres
- Property size
- 19,396 SF
- Zone code
- ID
- Property type
- Flex space
- APN
- 51-000-HG-0086.00-00000
- APU
- 51000HG00860000000
Description
This exceptional 30,639 square foot manufacturing facility in York County, Pennsylvania, presents a rare infill opportunity. The property boasts three buildings situated on a spacious 12-acre lot, offering unparalleled access to Route 30 and I-83. The main building, spanning 306 feet in length, features an impressive 18'6" clear height, a 5-ton bridge crane, two 2-ton bridge cranes, approximately 1,000 square feet of office space, and multiple drive-in doors. Two additional buildings enhance the property's functionality: a newer 60' x 100' metal-skinned curing building with 16' clear height and a drive-through bay, and a 50' x 96' maintenance building with multiple drive-in doors and 14'6" clear height. Extensive outdoor space includes sheds and a large flat yard with a 100' x 200' concrete pad ideal for curing and staging. The property is zoned L-2 Light Industrial, providing flexibility for various uses. Asking price is $2,900,000 ($94.65/sq ft). The property is a single-tenant, NNN lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,740,000
- 6.5%
- $1,710,000
- 7%
- $1,765,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,855,000
- Geo Method
- $1,710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,720,000
- Retail
- $1,885,000
- Mixed-Use
- $1,920,000
- Hospitality
- $1,960,000
- Educational
- $1,865,000
- Residential Income
- $1,630,000
- Energy
- $2,145,000
- Income-Based Land
- $1,670,000
- Food Service
- $1,975,000
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.8245
- Latitude
- 39.9244
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
