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    3668 Baltimore Pike Littlestown, PA 17340
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    Property profile & analytics

    3668 Baltimore Pike Littlestown, PA 17340

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    • Commercial real estate
    • 14.00 lot acres
    Off-Market
    Property ID
    US73-3533166
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pristine Outdoor Proptery Maintenance / Landscaping / General Contractor

    Property Details for 3668 Baltimore Pike

    Lot size
    14.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 14-acre property at 3668 Baltimore Pike in Littlestown, Pennsylvania, presents a unique investment opportunity. Currently operating as a successful salvage yard, this mixed-use property boasts 1,950 square feet of net rentable space, including an existing 1,920 square foot house. The property is zoned for Baltimore Pike Corridor, allowing for a multitude of uses beyond its current operation. Two existing salvage yard licenses transfer with the sale. The property features a private well and on-site septic system. Its convenient location, approximately three miles from Route 15, provides easy access to Maryland. Permitted uses under the zoning designation include, but are not limited to: auction houses, flea markets, campgrounds, community solar facilities (conditional use), construction company headquarters (with conditional use for outside storage), convenience stores (conditional use), light manufacturing (conditional use), and storage facilities. The substantial lot size and flexible zoning make this property ideal for a variety of entrepreneurial ventures. This is a rare opportunity to acquire a versatile property with existing infrastructure and significant development potential in a desirable location. The property is being sold by the owner. The zip code is 17340.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Littlestown
    County
    Adams
    State
    Pennsylvania
    Longitude
    -77.1493028
    Latitude
    39.7717777

    Comparable in this City

    • $360,000

      Littlestown Commercial Land For Sale

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      Freestanding Drive-Thru Building Opportunity

      Freestanding drive-thru building on a highly visible corner lot.
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      63,000 SF

      Land Approved for 63,000 SF Building

      Land with conditional use approval for light industrial use.
      3608 Baltimore Pike, Littlestown, PA 17340
      View Details
    • $349,000
      10.50 Acres

      10.5 Acre Lot Ready

      10.5 acre lot in Littlestown School District.
      Mehring Rd, Littlestown, PA 17340
      View Details

    Similar Nearby for Sale

    • $360,000

      Littlestown Commercial Land For Sale

      1.39 acres of commercial land in high-traffic area.
      440 N Queen St, Littlestown, PA 17340
      View Details
    • Contact for pricing

      Freestanding Drive-Thru Building Opportunity

      Freestanding drive-thru building on a highly visible corner lot.
      223 E King St, Littlestown, PA 17340
      View Details
    • Contact for pricing
      63,000 SF

      Land Approved for 63,000 SF Building

      Land with conditional use approval for light industrial use.
      3608 Baltimore Pike, Littlestown, PA 17340
      View Details
    • $349,000
      10.50 Acres

      10.5 Acre Lot Ready

      10.5 acre lot in Littlestown School District.
      Mehring Rd, Littlestown, PA 17340
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Building in Littlestown Corridor

      Freestanding 1,500 SF retail building in main retail corridor.
      425 N Queen St, Littlestown, PA 17340
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    • Contact for pricing

      Corner Parcel in Littlestown, PA

      1.82 acre parcel available for ground lease.
      530 N Queen St, Littlestown, PA 17340
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    • $2,000 /Mo
      53,143 SF

      Charming Commercial Space Near PA/MD

      900 sq ft commercial space near PA/MD border.
      1140 Mathias Rd, Littlestown, PA 17340
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    • Contact for pricing

      Corner Parcel in Littlestown, PA

      1.82 acre corner parcel available for ground lease.
      530 N Queen St, Littlestown, PA 17340
      View Details
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    Littlestown, PA 17340
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    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.

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