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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Warehouses
701 Hay St York, PA 17403-1360
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1000949
Property summary
AI-generated overview
This expansive 109,010-square-foot Class C warehouse, located at 701 Hay St, York, PA 17403, presents a significant opportunity. Built in 1904, this four-story structure sits on a 1.04-acre lot (APN: 12-355-02-0015.00) and is zoned for Employment Center use. The property features two dock-high doors and a 16-foot ceiling height, providing ample space for various industrial operations, including storage, manufacturing, assembly, and distribution. The building also includes 6,000 square feet of office space, perfect for managing business operations. This multi-tenant property is available for sale at $1,195,000 with a gross lease type. The property benefits from 800 amp 240V three-phase 4-wire power and fiber optic service. Its strategic location offers seamless connectivity to major transportation arteries. This versatile property is perfect for owner-users or multi-tenant occupancy, offering flexible options to suit diverse business needs. The property is ready for immediate occupancy, minimizing setup time and maximizing productivity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1904
Total area
87,640 SF
Lot
1.04 ac (45,259 SF)
Zoning code
ID
APN
12-355-02-0015.00-00000
UPID
US73-1000949
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
Current use
Occupant on record · Public records
-
NetKey Communications Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
701 Hay Street LLC · 1 yrs held
701 Hay Street LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
ID · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$570,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $1.05M (Dec 19 2024)
Last sale anchor
$1.05M
Dec 19 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$10 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,031
Tax year 2024
Assessed value
$387,060
Assessed 2024
Previous assessed
$387,060
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$163,280
Assessed improvement
$223,780
Land market value
$163,280
Improvement market value
$223,780
Total market value
$387,060
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1904
Heating
YES
Cooling
NONE
Stories
4
Total area
87,640 SF
Lot
1.04 ac (45,259 SF)
Zoning code
ID
APN
12-355-02-0015.00-00000
UPID
US73-1000949
Jurisdiction
YORK
Zoning & alternative use
ID · York, PA
Zoning ID · permitted uses
ID · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1904
Heating
YES
Cooling
Yes
Stories
4
Lot
1.04 ac
Current owner
From public records · entity-resolved
701 Hay Street LLC
Entity
Mailing address
322 EQUUS DR, CAMP HILL, PA 17011-8380
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
$1,050,000
701 Hay Street LLC
Hay Street LLC
Deed
$605,000 · Hay Street LLC
Aug 13, 2024
—
Hay Street LLC
—
Deed
related
$67,583 · Deven Donovan
Oct 30, 2020
$542,000
Hay Street LLC
Jacqueline E Stitt
Grant Deed
$560,000 · Centric Bk NA
Feb 15, 2017
—
Jacqueline E Stitt
—
Deed
related
$314,726 · York Traditions Bk
—
—
Stitt Jacqueline E
—
Deed Of Trust
related
$20,053 · York Traditions Bank
—
—
Stitt Jacqueline E
—
Deed Of Trust
related
$330,411 · York Traditions Bank
—
—
Robert A Stitt JR.
—
Deed Of Trust
related
$326,500 · York Traditions Bank
—
—
Stitt,jacqueline E & Robert A JR
—
Deed Of Trust
related
$25,000 · York Traditions Bk
—
—
Jacqueline E Stitt
—
Deed Of Trust
related
$314,726 · York Traditions Bk
—
—
Robert A Stitt JR.
—
Deed Of Trust
related
$45,206 · York Traditions Bank
—
—
Robert A Stitt JR.
—
Deed Of Trust
related
$54,702 · York Traditions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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