Financial
Distress signals
Property profile

648 Frederick St Hanover, PA 17331

OFF-MARKET
Medical Office Space
Property ID
US73-1830644
4,928 SF 0.57 ac lot Built 1975
Last sale Aug 2024 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$332k
Assessed land$57k
Assessed improvement$275k
Effective rate3.37%

Value estimate

· Sep 2026
$2.25M
$2.03M – $2.48M
AI approach$2.25M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$57 – $162
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CM
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.9
Law Firm12.4
Auto Parts Store11.2

Location

648 Frederick St Hanover, PA 17331-5006
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
335 Broadway, Hanover, PA 17331-2505 $339,900 Dec 2025 5,190 SF
136 Penn, Hanover, PA 17331-1928 $400,000 Jun 2025 5,152 SF
1139 Baltimore, Hanover, PA 17331-4404 $1,220,000 Oct 2024 5,722 SF
1304 Baltimore, Hanover, PA 17331-4407 $390,000 Apr 2024 3,613 SF
120 Penn, Hanover, PA 17331-1928 $400,000 Jun 2019 7,160 SF
207 Dart, Hanover, PA 17331-1322 $350,000 Apr 2019 4,725 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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