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    Property profile & analytics

    670 Hanover St Carlisle, PA 17013-1933

    • Drive through restaurants
    • 3,270 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Aug 03, 2023
    $400,000
    Location Intelligence
    Property ID
    US73-2309607
    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

    • KFC / Chicken Restaurant / Fast Food Restaurant

    Property Details for 670 Hanover St

    Lot size
    0.27 lot acres
    Property size
    3,270 SF
    Property type
    Drive through restaurants
    APN
    06-20-1800-042
    APU
    6201800042

    Description

    This exceptional turnkey restaurant opportunity in Carlisle, Pennsylvania, presents a rare chance to acquire a well-established commercial property. Located at 670 N Hanover St, this 3,270 square foot building, constructed in 1973, sits on a commercially zoned lot (Commercial Neighborhood) and boasts a convenient drive-thru window in the rear. The property includes 23 paved parking spaces, a significant asset for customer convenience. The building's history as a former KFC location provides a strong foundation for a variety of food service concepts. Its prime location along North Hanover Street (Route 34) offers excellent visibility and accessibility. The property is situated near key intersections, including Clay Street and Bedford Street, and enjoys close proximity to the Carlisle Fairgrounds, the US Army War College, and downtown Carlisle. The property's APN is 06-20-1800-040 & 042. The current lease expires August 23, 2024. This presents a unique opportunity for an investor or entrepreneur seeking a ready-made space with significant potential in a thriving community. The property's size and features make it ideal for a variety of restaurant concepts. This is a high-traffic area with strong potential for success. The ample parking ensures ease of access for customers. Don't miss this chance to own a piece of Carlisle's vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $355,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $310,000
      Mixed-Use
      $315,000
      Hospitality
      $395,000
      Educational
      $310,000
      Residential Income
      $360,000
      Energy
      $350,000
      Income-Based Land
      $370,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.184
    Latitude
    40.2098
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, 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
    $12,209
    $118,500
    $415,300
    $533,800
    -
    $118,500
    $415,300
    $533,800

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    670 Hanover St
    Carlisle, PA 17013-1933
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    Realmo Value Estimation

    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.

    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.

    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
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