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Property profile & analytics
OFF-MARKET
Commercial real estate

3055 Baltimore Pike Hanover, PA 17331

52.9 ac lot
Property ID
US73-1068289
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three parcels totaling 52.904 acres of land situated on the west side of Route 94 in Hanover, York County, Pennsylvania (zip code 17331). The property is zoned Commercial/Industrial (C-I), allowing for a wide range of development possibilities, including but not limited to: nursing homes, retirement facilities, automotive businesses, convenience stores, retail spaces, restaurants, hotels, office buildings, self-storage facilities, manufacturing plants, and warehouses. Public water and sewer services are available, and the seller will transfer existing EDUs (Equivalent Dwelling Units). This site presents a significant potential for large-scale development, with projections suggesting the possibility of constructing a building exceeding 634,500 square feet, potentially accommodating up to four separate users. Detailed site plans indicate the potential for 96 dock positions, 64 trailer spaces, and an additional 85 trailer spaces, along with 269 vehicle parking spaces. Furthermore, there's the potential to combine this property with an adjacent 25.41+ acre parcel across the street, resulting in a combined land area of over 78.316 acres. The asking price for this remarkable development opportunity is $5,850,000.

Property profile
Verified
Property type Commercial real estate
Lot 52.9 ac (2,304,498 SF)
UPID US73-1068289
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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