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    73 E Forrest Ave Shrewsbury, PA 17361
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    Property profile & analytics

    73 E Forrest Ave, Shrewsbury, PA 17361

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    • Office buildings
    • 31,389 SF
    • 2.17 lot acres
    Premiere Office Building For Lease For Lease
    $1,760,000
    31,000 SF

    Premiere Office Building For Lease

    Professional office building near I-83 and local amenities.

    73 E Forrest Ave, Shrewsbury, PA 17361
    View Listing
    Property ID
    US73-1909425
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • South Central Chiropractic Sports and Wellness / Alternative Medicine Practice
    • The Law Offices of Hoffmeyer and Semmelman, L.L.P. / Law Firm / Child Welfare Organization
    • Cris Stabley - State Farm Insurance Agent / Insurance Agency
    • WellSpan Rehabilitation - Shrewsbury / Medical Clinic
    • Palmetto Services - Building Maintenance / Commercial Cleaning Service / Carpet Cleaning Service

    Property Details for 73 E Forrest Ave

    Year built
    1987
    Lot size
    2.17 lot acres
    Zone code
    RS
    Property type
    Office buildings
    APN
    84-000-06-0201.00-00000
    APU
    840000602010000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 1, 2018 $2,650,000 Dire Wolf Ltd Shrewsbury Prof Bldg LLC Grant Deed $2M · Jonestown Bk&tr
    — — Shrewsbury Prof Building LLC — Deed Of Trust · related $1.4M · First United Bank

    Description

    This three-story, Class B office building, totaling 31,389 square feet, is located at 73 E. Forrest Ave., Shrewsbury, PA 17361, in York County. Built in 1987, the property features 21 suites available for multiple tenancies, offering flexible lease terms. The building boasts convenient access to Interstate-83, providing quick commutes to York and Harrisburg. Its prime location offers proximity to various amenities including banks, restaurants, and shopping centers. The building includes one elevator, 60 parking spaces, and numerous common area features. The property sits on 2.17 acres of land and is zoned RS. The building currently houses a diverse range of businesses, reflecting the area's strong economic activity. Shrewsbury's growth is further supported by planned Interstate-83 improvements and the recent establishment of new businesses, including a Johnson Controls production facility. Nearby, two new housing developments are underway, indicating a thriving residential market. This presents a unique opportunity to establish a presence in a dynamic and expanding community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,382,000
      Market price range: $1.54M - $3.73M
      AI Estimate
      $2,278,000
      Market price range: $1.23M - $3.60M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,560,000
      Current use
      WAREHOUSE, STORAGE
      $2,805,000
      Change: +10% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,635,000
      Change: +3% Conversion: Easy
      RETAIL STORES
      $2,395,000
      Change: -6% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6761
    Latitude
    39.7703
    CBSA code
    49620
    CBSA name
    YORK-HANOVER, 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
    $52,026
    $234,070
    $1,590,770
    $1,824,840
    -
    $234,070
    $1,590,770
    $1,824,840
    View Listing
    More about this property
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