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

    615 S Pine St York, PA 17403

    • Manufacturing properties
    • 34,714 SF
    • 0.64 lot acres
    For Lease
    View listing
    $2 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1465819
    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

    • WC Manufacturing Co. LLC / Industrial Chemicals Wholesaler

    Property Details for 615 S Pine St

    Year built
    1920
    Lot size
    0.64 lot acres
    Property size
    34,714 SF
    Property type
    Manufacturing properties
    Property subtype
    Distribution centers

    Description

    This York, PA industrial property at 615 S. Pine Street offers 34,714 square feet of versatile space, ideal for manufacturing or warehousing. Three suites are available, ranging from 3,703 to 9,945 contiguous square feet, with a total of 18,240 square feet currently vacant. Built in 1920, the single-story building features ceiling heights of 8 to 12 feet, one drive-in door, and four parking spaces. Utilities include 200A, 240V, 3-phase power, and separate gas meters for individual unit heating and processing needs. The property sits on 0.64 acres of land and is zoned for Mixed Use Residential Institutional. Specific unit amenities vary, including features such as ceramic wall tiles, painted concrete floors, floor drains, offices, and restrooms. Access to E. Boundary Ave. is available for select units. This property presents a rare opportunity to lease smaller industrial spaces in a desirable location. The property's APN is 67-10-264-02-0004-00-00000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7172153
    Latitude
    39.9559454

    Comparable in this City

    • $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
    • $8 SF/Yr
      215,000 SF

      York's Premier Creative Office Space

      215,000 SF Multi-Use Building, Ample Parking
      441 Market St, York, PA 17403
      View Details
    • $8 SF/Yr
      215,000 SF

      York County Industrial Space For Lease

      215,000 SF Flex Space, Divisible
      441 Market St, York, PA 17403
      View Details
    • Contact for pricing
      47,439 SF

      York County Industrial Space For Lease

      Large Manufacturing/Warehouse, 47,439 SF
      2720 Queen St, York, PA 17403
      View Details
    • $6 SF/Yr
      1,860 SF

      York Industrial Warehouse For Sale

      1,860 SF Warehouse, Excellent Location
      316 Albemarle St, York, PA 17403
      View Details
    • $5 SF/Yr
      80,000 SF

      York Warehouse with Outdoor Storage

      80,000 SF warehouse with outdoor storage near I-83.
      1499 E Philadelphia St, York, PA 17403
      View Details

    Similar Nearby for Sale

    • 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
    • Contact for pricing
      151,009 SF

      York Manufacturing Complex For Sale

      Heavy manufacturing space ideal for industrial or redevelopment purposes.
      240 Arch St, York, PA 17403
      View Details
    • $950,000
      17,880 SF

      Flex Office and Industrial Facility

      Flex office and industrial facility with warehouse/shop space for sale.
      391 Greendale Rd, York, PA 17403
      View Details
    • $310,000
      0.17 Acres

      Renovated Office Building, York PA

      Newly renovated office building in downtown York location.
      325 E Market St, York, PA 17403
      View Details
    • Contact for pricing
      47,439 SF

      Versatile York Commercial Space Available

      Up to 47,439 SF available for medical, industrial, retail.
      2720 S Queen St, York, PA 17403
      View Details
    • $399,900
      3,740 SF

      York Mixed-Use Investment Opportunity

      Prime location, high ROI potential
      1422 George St, York, PA 17403
      View Details

    Similar Nearby for Lease

    • $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
    • $8 SF/Yr
      215,000 SF

      York's Premier Creative Office Space

      215,000 SF Multi-Use Building, Ample Parking
      441 Market St, York, PA 17403
      View Details
    • Contact for pricing
      47,439 SF

      York County Industrial Space For Lease

      Large Manufacturing/Warehouse, 47,439 SF
      2720 Queen St, York, PA 17403
      View Details
    • $8 SF/Yr
      215,000 SF

      York County Industrial Space For Lease

      215,000 SF Flex Space, Divisible
      441 Market St, York, PA 17403
      View Details
    • $6 SF/Yr
      1,860 SF

      York Industrial Warehouse For Sale

      1,860 SF Warehouse, Excellent Location
      316 Albemarle St, York, PA 17403
      View Details
    • Contact for pricing
      342,720 SF

      York Warehouse Space Available

      390,334 SF warehouse space for rent in York, PA.
      1090 E Boundary Ave, 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.
    615 S Pine St
    York, PA 17403
    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.