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

    4660 Raycom Rd Dover, PA 17315-1334

    • Flex space
    • 3,600 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimations
    $275,000
    Show details
    Cap Rate Potential
    7.6%
    Flex space
    Location Intelligence
    Property ID
    US73-1754745
    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

    • Flex space

    Property Details for 4660 Raycom Rd

    Year built
    1980
    Lot size
    1.25 lot acres
    Property size
    3,600 SF
    Zone code
    I
    Property type
    Flex space
    APN
    24-000-KF-0112.E0-00000
    APU
    24000KF0112E000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $350,000
      6.5%
      $325,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $229,000
      Market price range: $96.4k - $230k
      AI Estimate
      $177,000
      Market price range: $57.2k - $178k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $170,000
      Current use
      MEDICAL BUILDING
      $390,000
      Change: +132% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $340,000
      Change: +103% Conversion: Easy
      RETAIL STORES
      $325,000
      Change: +92% Conversion: Moderate
      WAREHOUSE, STORAGE
      $310,000
      Change: +84% Conversion: Easy
      OFFICE BUILDING
      $305,000
      Change: +81% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $275,000
      Change: +63% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.8503
    Latitude
    40.0075
    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
    $5,934
    $47,780
    $134,770
    $182,550
    -
    $47,780
    $134,770
    $182,550

    Comparable in this City

    • Value Estimation
      $700,000
      45,025 SF

      3315 Canal Rd

      LIGHT INDUSTRIAL • 45,025 SF
      3315 Canal Rd, York, PA 17315
      View Details
    • Value Estimation
      $700,000
      29,760 SF

      4500 Canal Rd

      LIGHT INDUSTRIAL • 29,760 SF
      4500 Canal Rd, Dover, PA 17315-4051
      View Details
    • Value Estimation
      $290,000
      4,900 SF

      Fox Run Rd

      LIGHT INDUSTRIAL • 4,900 SF
      Fox Run Rd, Dover, PA 17315
      View Details
    • Value Estimation
      $630,000
      24,000 SF

      4690 Raycom Rd

      LIGHT INDUSTRIAL • 24,000 SF
      4690 Raycom Rd, Dover, PA 17315-1334
      View Details
    • Value Estimation
      $190,000
      1,800 SF

      1030 Buck Rd

      LIGHT INDUSTRIAL • 1,800 SF
      1030 Buck Rd, Dover, PA 17315-2065
      View Details
    • Value Estimation
      $225,000
      2,600 SF

      4680 Raycom Rd

      LIGHT INDUSTRIAL • 2,600 SF
      4680 Raycom Rd, Dover, PA 17315-1334
      View Details

    Similar Nearby for Sale

    • $1,200,000
      5.54 Acres

      Dover Commercial Land - 5.54 Acres

      Prime Dover location, high traffic, development ready.
      3880 Carlisle Rd, Dover, PA 17315
      View Details
    • $310,208

      Move-In Ready Duplex with Upgrades

      Modern duplex with upgrades, basement, and builder incentives available.
      3798 Castle Dr, Dover, PA 17315
      View Details
    • $175,000
      922 SF

      End Unit Townhome with Yard

      Townhome with fenced yard, new flooring, and recent updates.
      3152 Glen Hollow Dr, Dover, PA 17315
      View Details
    • $249,000
      2,606 SF

      Automotive Shop with Fenced Lot

      Automotive or contractor shop with fenced rear lot.
      3180 Grenway Rd, Dover, PA 17315
      View Details
    • Contact for pricing
      10,000 SF

      Commercially Zoned Lot on Carlisle

      Commercially zoned lot available for sale, ground lease, or build-to-suit.
      2200 Palomino Rd, Dover, PA 17315
      View Details
    • Contact for pricing
      0.48 Acres

      Land For Sale in Dover

      Commercial land available in Dover, Pennsylvania.
      1841 Wyatt Cir, Dover, PA 17315
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      York Retail Pad Site Available

      Retail pad site for lease in York, Pennsylvania.
      1501 N George St, York, PA 17315
      View Details
    • $900 /Mo
      552 SF

      Two Bedroom Mobile Home For Rent

      Two-bedroom, one-bathroom mobile home available for rent.
      3230 Oakland Rd, Dover, PA 17315
      View Details
    • Contact for pricing
      75,794 SF

      Dover, PA Commercial Land Opportunity

      1.74-Acre Commercial Lot, High Visibility
      11 Main St, Dover, PA 17315
      View Details
    • Contact for pricing
      2,400 SF

      Dover Retail Space for Lease

      Prime retail space in Dover's main commercial hub.
      2130 Palomino Rd, Dover, PA 17315
      View Details
    • Contact for pricing
      10,000 SF

      Carlisle Road Retail Opportunity

      High-traffic Dover retail land, 10,000 sqft.
      3966 Carlisle Rd, Dover, PA 17315
      View Details
    • Contact for pricing
      1,840 SF

      Retail Space in West Manchester

      Retail space available in a strong retail hub.
      300-320 Town Center Dr, York, PA 17315
      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.
    4660 Raycom Rd
    Dover, PA 17315-1334
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.