560 Old York Rd Goldsboro, PA 17070
- Retail space
- 11,020 SF
- 1.80 lot acres
Current Use by Public Records
- Retail space
Property Details for 560 Old York Rd
- Year built
- 2007
- Lot size
- 1.80 lot acres
- Property size
- 11,020 SF
- Zone code
- CH
- Property type
- Retail space
- APN
- 27-000-QG-0003.M0-00000
- APU
- 27000QG0003M000000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,010,000
- 6.5%
- $4,055,000
- 7%
- $3,910,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,250,000
- Geo Method
- $3,765,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,290,000
- Retail
- $3,790,000
- Mixed-Use
- $3,205,000
- Hospitality
- $3,800,000
- Educational
- $3,920,000
- Residential Income
- $4,020,000
- Energy
- $4,025,000
- Income-Based Land
- $4,260,000
- Food Service
- $4,465,000
Location Insight
- Map
- Local Demand
- City
- Etters
- County
- York
- State
- Pennsylvania
- Longitude
- -76.8319
- Latitude
- 40.177
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA