Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    270 Commerce Dr New Holland, PA 17557-9671
    Back to Search
    Property profile & analytics

    270 Commerce Dr, New Holland, PA 17557-9671

    View on Map
    • Manufacturing properties
    • 21,600 SF
    • 2.94 lot acres
    Off-Market
    Property ID
    US73-2051114
    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
    $1,690,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 270 Commerce Dr

    Year built
    2021
    Construction
    FRAME
    Lot size
    2.94 lot acres
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    190-82875-0-0000
    APU
    1908287500000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 23, 2019 — Elc Realty LP — Trustees Deed · related $1.5M · Truist Bk
    Jul 30, 2003 $249,600 Elc Realty LP New Design Realty LP Grant Deed $964k · Hometowne Heritage Bank
    Mar 8, 2003 — Realty LP New Design Mowbry & King Associates Grant Deed · related —
    Jun 11, 2002 $442,600 D & P Skibo LLC Mowbray & King Associates Grant Deed $355k · Wachovia Bank NA
    Jun 28, 2001 — Mowbray & King Associates Poland,mary M Grant Deed $1.2M · Bank Of Lancaster County NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,005,000
      6.5%
      $1,850,000
      7%
      $1,720,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,095,000
      Current use
      WAREHOUSE, STORAGE
      $2,745,000
      Change: +31% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Holland
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.0942
    Latitude
    40.0883
    CBSA code
    29540
    CBSA name
    LANCASTER, 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
    $26,786
    $123,000
    $1,435,500
    $1,558,500
    -
    $123,000
    $1,435,500
    $1,558,500

    Comparable in this City

    • Value Estimation
      $1,910,000
      23,780 SF

      199 Quality Cir

      MANUFACTURING (LIGHT)
      199 Quality Cir, New Holland, PA 17557-9007
      View Details
    • Value Estimation
      $4,805,000
      28,910 SF

      125 King Ct

      MANUFACTURING (LIGHT)
      125 King Ct, New Holland, PA 17557-9215
      View Details
    • Value Estimation
      $535,000
      6,126 SF

      430 Shirk Rd

      MANUFACTURING (LIGHT)
      430 Shirk Rd, New Holland, PA 17557-8909
      View Details
    • Value Estimation
      $1,205,000
      21,585 SF

      494 Broad St

      MANUFACTURING (LIGHT)
      494 Broad St, New Holland, PA 17557-1102
      View Details
    • Value Estimation
      $1,640,000
      30,240 SF

      170 Commerce Dr

      MANUFACTURING (LIGHT)
      170 Commerce Dr, New Holland, PA 17557-9115
      View Details
    • Value Estimation by Request
      2.55 Acres

      291 Commerce Dr

      MANUFACTURING (LIGHT)
      291 Commerce Dr, New Holland, PA 17557-9672
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,048 SF

      New Holland Net Lease Investment

      Net leased investment opportunity with established tenant, TruckPro.
      220 Orlan Rd, New Holland, PA 17557
      View Details
    • Contact for pricing
      46,857 SF

      Industrial Food Grade Warehouse Facility

      46,857 SF industrial food grade warehouse in New Holland, PA.
      301 Commerce Dr, New Holland, PA 17557
      View Details
    • Contact for pricing
      62,150 SF

      Modern Industrial Warehouse in New Holland

      62,150 SF warehouse with modern amenities in New Holland, PA.
      300 Commerce Dr, New Holland, PA 17557
      View Details
    • Contact for pricing
      62,150 SF

      Modern Industrial Warehouse in New Holland

      62,150 SF warehouse with modern amenities and convenient access.
      300 Commerce Dr, New Holland, PA 17557
      View Details
    • $325,000
      Pending

      New Holland Investment Property

      Two-unit property with five income sources in New Holland.
      28 South Roberts Ave, New Holland, PA 17557
      View Details
    • Contact for pricing
      Pending

      Industrial Land in New Holland

      Industrial land for sale in a new industrial park.
      529 Ranck Rd, New Holland, PA 17557
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      121,000 SF

      Warehouse Space with Office

      Warehouse space featuring office, loading docks, and overhead door.
      568 Hollander Rd, New Holland, PA 17557
      View Details
    • Contact for pricing
      3,450 SF

      Turn-Key Office Space Available

      First floor office space for lease in New Holland, PA.
      125 Peters Rd, New Holland, PA 17557
      View Details
    • Contact for pricing

      Retail Space in Brookshire Plaza

      Neighborhood shopping center with high visibility and ample parking.
      844 W Main St, New Holland, PA 17557
      View Details
    • $15 SF/Yr

      Turn-Key Office Space Available

      First-floor office space with private parking in a professional setting.
      125 Peters Rd, New Holland, PA 17557
      View Details
    • Contact for pricing

      High-Traffic Retail Destination

      Retail space available in high-traffic New Holland Shopping Center.
      685 W Main St, New Holland, PA 17557
      View Details
    • Contact for pricing

      Historic Office Space in New Holland

      Spacious office in downtown New Holland with flexible leasing options.
      100 E Main St, New Holland, PA 17557
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    270 Commerce Dr
    New Holland, PA 17557-9671
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    270 Commerce Dr, New Holland, PA, 17557
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!