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Property profile & analytics

28 Baltimore St Hanover, PA 17331-3163

  • Individual retail properties
  • 32,052 SF
  • 0.32 lot acres
OFF-MARKET
Value Estimation
$640,000
Last Sale
Jun 16, 2022
$680,000
Location Intelligence
Property ID
US73-2543678
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

  • Hanover School of Ballet / Dance School
  • Redding Medical Equipment and Scrubs / Medical Supply Store
  • Snow style by susan / Hair Salon

Property Details for 28 Baltimore St

Year built
1949
Lot size
0.32 lot acres
Property size
32,052 SF
Zone code
CM
Property type
Individual retail properties
APN
67-000-05-0007.00-00000
APU
670000500070000000

Description

This exceptional Hanover, PA retail property at 28 Baltimore Street offers two available spaces totaling 7,500 square feet in a completely renovated (2023) building. The larger space, 5,700 square feet, is located on the first floor and features an open layout, a dedicated restroom, and potential for additional street access. A 1,800 square foot second-floor space is also available, similarly featuring an open layout and a private restroom. Both spaces benefit from a shared Baltimore Street entrance. The building, constructed in 1949, sits on a 0.32-acre lot and boasts a total of 32,052 square feet across two stories. Conveniently located in the heart of Hanover's downtown, with zoning designated as "Downtown," the property is adjacent to a Borough-owned parking lot offering over 50 parking spaces, with parking passes available for lease. Lease rates are $4,750 per month for the 5,700 square foot space and $1,500 per month for the 1,800 square foot space, inclusive of utilities and operating expenses. Tenant is responsible for build-out and signage. This is a fantastic opportunity for businesses seeking a prominent location in a thriving downtown area. The property is situated near the intersection of Baltimore Street and Broadway.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $625,000
  • CAP approach

    CAP return
    Estimation
    6%
    $650,000
    6.5%
    $685,000
    7%
    $665,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $695,000
    Geo Method
    $785,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $540,000
    Retail
    $615,000
    Mixed-Use
    $545,000
    Hospitality
    $735,000
    Educational
    $580,000
    Residential Income
    $685,000
    Energy
    $725,000
    Income-Based Land
    $575,000
    Food Service
    $650,000

Location Insight

  • Map
  • Local Demand
City
Hanover
County
York
State
Pennsylvania
Longitude
-76.982
Latitude
39.7999
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
$13,513
$73,320
$298,630
$371,950
-
$73,320
$298,630
$371,950
More about this property
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