Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    339 Market St York, PA 17403-5614

    • Investment properties
    • 7,444 SF
    • 0.16 lot acres
    OFF-MARKET
    Last Sale
    Jan 13, 2021
    $35,000
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1448732
    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

    • Superior Business Solutions / Business Development Service / Custom Label Printer

    Property Details for 339 Market St

    Year built
    1900
    Lot size
    0.16 lot acres
    Property size
    7,444 SF
    Zone code
    RS
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    02-024-02-0012.00-00000
    APU
    20240200120000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $389,000
      Market price range: $242k - $801k
      AI Estimate
      $586,000
      Market price range: $293k - $981k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $420,000
      Current use
      MEDICAL BUILDING
      $810,000
      Change: +92% Conversion: Easy
      RETAIL STORES
      $760,000
      Change: +81% Conversion: Easy
      AUTO REPAIR, GARAGE
      $710,000
      Change: +68% Conversion: Difficult
      OFFICE BUILDING
      $690,000
      Change: +63% Conversion: Easy
      WAREHOUSE, STORAGE
      $680,000
      Change: +62% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $350,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7208
    Latitude
    39.965
    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
    $6,646
    $48,880
    $58,160
    $107,040
    -
    $48,880
    $58,160
    $107,040

    Comparable in this City

    • Value Estimation by Request
      4,422 SF

      325 Market St

      STORE/OFFICE (MIXED USE) • 4,422 SF
      325 Market St, York, PA 17403-5614
      View Details
    • Value Estimation by Request
      3,513 SF

      55 Queen St

      STORE/OFFICE (MIXED USE) • 3,513 SF
      55 Queen St, York, PA 17403-2031
      View Details
    • Value Estimation by Request
      4,541 SF

      308 Market St

      STORE/OFFICE (MIXED USE) • 4,541 SF
      308 Market St, York, PA 17403-5613
      View Details
    • Value Estimation
      $1,190,000
      9,328 SF

      253 Market St

      STORE/OFFICE (MIXED USE) • 9,328 SF
      253 Market St, York, PA 17403-2014
      View Details
    • Value Estimation by Request
      5,250 SF

      221 Princess St

      STORE/OFFICE (MIXED USE) • 5,250 SF
      221 Princess St, York, PA 17403-2336
      View Details
    • Value Estimation by Request
      3,890 SF

      35 Queen St

      STORE/OFFICE (MIXED USE) • 3,890 SF
      35 Queen St, York, PA 17403-2031
      View Details

    Similar Nearby for Sale

    • $399,900
      3,740 SF

      York Mixed-Use Investment Opportunity

      Prime location, high ROI potential
      1422 George St, York, PA 17403
      View Details
    • $899,000
      5,551 SF

      York County Multifamily Portfolio

      Three-unit rental, 7 acres, high ROI.
      2505 Joppa Rd, York, PA 17403
      View Details
    • $399,900
      3,740 SF

      Prime York Mixed-Use Property

      Profitable Commercial & Residential Investment
      1422 George St, York, PA 17403
      View Details
    • Contact for pricing
      151,009 SF

      York Industrial Complex: Redevelopment Opportunity

      150K SF, 8.9 Acres, Mixed-Use
      240 Arch St, York, PA 17403
      View Details
    • $650,000
      3,183 SF

      Luxury Mixed-Use York Property

      Spacious home, pool, handicap accessible
      2318 Grantley Rd, York, PA 17403
      View Details
    • $750,000
      33,294 SF

      York City Multi-Use Property

      Spacious sanctuary, ample parking, ideal for diverse uses.
      811 Market St, York, PA 17403
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      216,000 SF

      Renovated Mixed-Use Building in York

      216,000 SF mixed-use building with on-site amenities and parking.
      441 E Market St, York, PA 17403
      View Details
    • Contact for pricing
      3,245 SF

      Prime Retail Storefront in New Salem

      High-traffic location, development potential
      301 Main St, York, PA 17403
      View Details
    • $12 SF/Yr
      215,000 SF

      York PA Industrial Suite 802

      700 sq ft flex space, prime location
      441 Market St, York, PA 17403
      View Details
    • Contact for pricing
      19,000 SF

      York County Retail Space For Lease

      1,416 SF inline space in thriving shopping center.
      930 Richland Ave, York, PA 17403
      View Details
    • $10 SF/Yr
      3,000 SF

      New Office/Retail Space Available

      New 3,000 SF office/retail space in repurposed warehouse complex.
      1320 W Market St, York, PA 17403
      View Details
    • $14 SF/Yr
      750 SF

      Renovated Office Space Available

      Newly renovated office space with shared conference and break rooms.
      251 Arch St, York, PA 17403
      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.
    339 Market St
    York, PA 17403-5614
    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

    Google sign-in failed. Please try again or use another login method.