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    Property profile & analytics

    2605 Market St York, PA 17404

    • Office buildings
    • 5,832 SF
    • 0.49 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Last Sale
    Feb 01, 2023
    $230,000
    Location Intelligence
    Property ID
    US73-2399569
    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

    • Office buildings

    Property Details for 2605 Market St

    Year built
    1930
    Lot size
    0.49 lot acres
    Property size
    5,832 SF
    Zone code
    CM
    Property type
    Office buildings
    APN
    51-000-05-0180.00-00000
    APU
    510000501800000000

    Description

    This exceptional two-story office building, located at 2605 W Market Street in York, PA, presents a fantastic investment opportunity. Boasting nearly 6,000 square feet on a 0.49-acre lot, this brick building offers ample space for a variety of uses. The main level features a welcoming reception area, a dozen individual offices, and a convenient half-bath. The lower level provides versatile space, including a sizable storage room equipped with a walk-in safe, separate men's and women's restrooms, a utility room, and a flexible room ideal for additional office space, a conference room, or extra storage. Accessibility is enhanced by a handicap ramp conveniently located off the lower-level flex space. The building's solid construction and substantial square footage make it an attractive prospect for businesses seeking a well-maintained and adaptable workspace. The property is priced at $450,000 and is ready for immediate occupancy. Its central York location offers easy access to major roadways and local amenities. This is a rare opportunity to acquire a substantial and versatile commercial property in a thriving market. Don't miss out on this chance to own a piece of York's commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $295,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $295,000
      Mixed-Use
      $325,000
      Hospitality
      $295,000
      Educational
      $250,000
      Residential Income
      $265,000
      Energy
      $320,000
      Income-Based Land
      $290,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7795
    Latitude
    39.9494
    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
    $7,887
    $117,400
    $122,520
    $239,920
    -
    $117,400
    $122,520
    $239,920

    Comparable in this City

    • Value Estimation by Request
      11,763 SF

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    • Value Estimation
      $690,000
      10,096 SF

      1225 Carlisle Rd

      OFFICE BUILDING • 10,096 SF
      1225 Carlisle Rd, York, PA 17404-4933
      View Details
    • Value Estimation
      $135,000
      2,880 SF

      1866 Susquehanna Trl

      OFFICE BUILDING • 2,880 SF
      1866 Susquehanna Trl, York, PA 17404-1824
      View Details
    • Value Estimation
      $365,000
      4,060 SF

      51 Richland Ave

      OFFICE BUILDING • 4,060 SF
      51 Richland Ave, York, PA 17404-3424
      View Details
    • Value Estimation
      $215,000
      3,780 SF

      1120 Roosevelt Ave

      OFFICE BUILDING • 3,780 SF
      1120 Roosevelt Ave, York, PA 17404-2366
      View Details
    • Value Estimation
      $650,000
      22,174 SF

      850 Smile Way

      OFFICE BUILDING • 22,174 SF
      850 Smile Way, York, PA 17404-1688
      View Details

    Similar Nearby for Sale

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    • $500,000
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      West York Commercial Land - $500K

      0.62-acre lot, prime West York location.
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    Similar Nearby for Lease

    • Contact for pricing
      6,076 SF

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    • $18 SF/Yr
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    • $15 SF/Yr
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      Renovated Office Space Available

      Renovated office space with private offices and collaboration area.
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    • $10 SF/Yr
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    • $7,500 /Mo
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    2605 Market St
    York, PA 17404
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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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