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Property profile & analytics
OFF-MARKET Estimated value $3,975,000
Retail space

560 Old York Rd Etters, PA 17319

11,020 SF 1.8 ac lot Built 2007
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-0972259
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Newberry, Pennsylvania. Located at the intersection of Old York Road and Fishing Creek Road, these lots boast prime visibility and accessibility. The property comprises multiple parcels ranging from 2 to 6.19 acres, zoned for commercial use, allowing for a wide array of development possibilities. One particularly attractive 2.02-acre parcel sits directly on Old York Road, benefiting from existing traffic light infrastructure. A larger, adjacent 6.19-acre parcel offers significant expansion potential. The site's strategic location next to a Tractor Supply store and near a CVS pharmacy ensures high traffic volume and strong visibility. Previous approvals for a grocery-anchored shopping center demonstrate the site's suitability for large-scale commercial development. Permitted uses include retail, professional offices, general commercial, light industrial, storage units, and even assisted living or nursing facilities. This rapidly growing area of Northern York County provides convenient access to Interstate 83, placing the property within a 10-minute drive of Harrisburg and a 15-minute drive of York, ensuring a robust customer base. The existing road infrastructure and traffic light further enhance the property's appeal, making it an exceptional opportunity for investors seeking high-impact commercial development in a thriving location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 11,020 SF
Lot 1.8 ac (78,408 SF)
Zoning code CH
APN 27-000-QG-0003.M0-00000
UPID US73-0972259
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
AI Approach AI
$4.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.98M
Owner & transaction history
Exchangeright Net Leased Portfolio · 3 yrs held
Exchangeright Net Leased Portfolio
since 2023
Last sale
$3.7M
3 recorded transactions
2023
$3.7M
2011
$3.1M
2008
$3.5M
Zoning & alternative use
CH · Etters, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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