3055 Baltimore Pike Hanover, PA 17331
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.