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Property profile & analytics
OFF-MARKET Estimated value $875,000
Community centers

2997 Cpe Horn Rd Red Lion, PA 17356-9327

30,422 SF 3.87 ac lot Built 1989
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-4803060
Property summary
AI-generated overview

This exceptional single-story retail strip center, Cape Horn Plaza, presents a compelling investment opportunity in the thriving York-Hanover submarket of Pennsylvania. Located at 2997 Cape Horn Rd, Red Lion, PA 17356, this well-maintained, all-brick property boasts a total of 58,774 square feet situated on a generous 3.87-acre lot. Currently, one retail space of 2,500 square feet is available for lease. The property's convenient location offers easy access to Route 24, ensuring high visibility and accessibility for businesses. The center is zoned for a variety of uses, providing flexibility for potential tenants. The building's excellent condition and attractive rental rates make it an ideal investment for those seeking a strong return. The property is a single building, offering efficient management and operation. Net operating expenses are $2.50 per square foot. This prime retail location in York County presents a rare opportunity to acquire a well-established property in a desirable market. The property's size and location make it an attractive option for a variety of retail businesses seeking a prominent presence in the Red Lion community. Don't miss this chance to secure a valuable asset in a growing area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1989
Total area 30,422 SF
Lot 3.87 ac (168,577 SF)
Zoning code RS
APN 53-000-HJ-0093.00-00000
UPID US73-4803060
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AMERICAN SYSTEM SHOTOKAN Sports School
  • Rocoto - Peruvian & Mexican grill Restaurant
  • Enlighten Hair Studio Hair Salon
  • 1st Class Storage Storage Facility
  • Clarity Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$875k
Owner & transaction history
Nina Rose Argento · 8 yrs held
Nina Rose Argento
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
RS · Red Lion, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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