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    2605 Springwood Rd York, PA 17402
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    2605 Springwood Rd, York, PA 17402

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    • Commercial land
    For Sale
    $2,900,000
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    Commercial Industrial Land For Sale For Sale
    $2,900,000
    13.79 Acres

    Commercial Industrial Land For Sale

    13.79 acres of C-I zoned land in York Township.

    2605 Springwood Rd, York, PA 17402
    View Listing
    Property ID
    US73-1452452
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 2605 Springwood Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    13.79± acres of Commercial Industrial (C-I) zoned land available for sale in York Township at the signalized intersection of Springwood Road and Chestnut Hill Road. The property has tremendous visibility along both road frontages and is close to many amenities as well as I-83. With the C-I zoning, there are many potential uses that are allowed (see list in this brochure.) There site is surrounded by an affluent resident density and there are numerous residential developments under construction in the surrounding area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.658347
    Latitude
    39.93185

    Comparable in this City

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      Commercial Land on Leaders Heights

      7.22 acre commercially zoned land for sale.
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      Prime Land on Route 30

      Highly visible land suitable for retail, industrial, or automotive uses.
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      Prime Pad Site in York

      Two-acre pad site with high visibility and accessibility.
      3401 Concord Rd, York, PA 17402
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      Pending

      Commercial Land on Route 24

      1.31 acres of commercial land for sale.
      2410 Cape Horn Rd, York, PA 17402
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    Similar Nearby for Sale

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      Prime Land I-83 Frontage

      1.89 acre commercial land with I-83 frontage.
      Pauline Dr, York, PA 17402
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      Commercial Land Near York Galleria

      2-acre commercial land parcel zoned for Neighborhood Commercial.
      5 Wyndham Dr, York, PA 17402
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    • Contact for pricing

      Commercial Land on Leaders Heights

      7.22 acre commercially zoned land for sale.
      213 Leader Heights Rd, York, PA 17402
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      Prime Land on Route 30

      Highly visible land suitable for retail, industrial, or automotive uses.
      Butterfly Cmns Dr, York, PA 17402
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    • Contact for pricing

      Prime Pad Site in York

      Two-acre pad site with high visibility and accessibility.
      3401 Concord Rd, York, PA 17402
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      Pending

      Commercial Land on Route 24

      1.31 acres of commercial land for sale.
      2410 Cape Horn Rd, York, PA 17402
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    Similar Nearby for Lease

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      Commercially Zoned Land in York

      1.615 acre commercially zoned land in high-growth area.
      1650 Toronita St, York, PA 17402
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      Commercial Land Ready For Development

      Two-acre commercial parcel available for development in desirable location.
      5 Wyndham Dr, York, PA 17402
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      252,943 SF

      York County Industrial Redevelopment Opportunity

      15.68-acre industrial land with easy access to major highways.
      3750 E Market St, York, PA 17402
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      Office Building Single Tenant Space

      Office building with 29,800 square feet available for single tenant.
      2401 Pleasant Valley Rd, York, PA 17402
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      1,500 SF

      Retail Space in Kingston Square

      Neighborhood retail shopping center centrally located in York, Pennsylvania.
      2500-2598 Eastern Blvd, York, PA 17402
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      3,329 SF

      Freestanding Retail Building in York

      3,329 SF freestanding building with high visibility and ample parking.
      110 Haines Rd, East York, PA 17402
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    View Listing
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    2605 Springwood Rd
    York, PA 17402
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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