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    Property profile & analytics

    864 Broadway Hanover, PA 17331-1501

    • Medical offices
    • 2,856 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US73-1664346
    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

    • Advanced ENT and Allergy - Zaher Srour , MD / Otolaryngologist / Allergist
    • Advanced Otolaryngology & Alllergy, LLC / Allergist / Audiologist
    • Hearing, Balance & Tinnitus Center / Otolaryngology Clinic / Audiologist
    • Sinus Center of Excellence / Otolaryngology Clinic
    • Hanover ENT & Allergy / Medical Clinic

    Property Details for 864 Broadway

    Year built
    1928
    Lot size
    0.37 lot acres
    Property size
    2,856 SF
    Zone code
    CM
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    67-000-15-0259.00-00000
    APU
    670001502590000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $380,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $340,000
      Mixed-Use
      $330,000
      Hospitality
      $385,000
      Educational
      $365,000
      Residential Income
      $330,000
      Energy
      $335,000
      Income-Based Land
      $295,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.9757
    Latitude
    39.8174
    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
    $13,325
    $58,500
    $308,290
    $366,790
    -
    $58,500
    $308,290
    $366,790

    Comparable in this City

    • Value Estimation
      $2,255,000
      4,928 SF

      648 Frederick St

      MEDICAL BUILDING • 4,928 SF
      648 Frederick St, Hanover, PA 17331-5006
      View Details
    • Value Estimation
      $370,000
      3,613 SF

      1304 Baltimore St

      MEDICAL BUILDING • 3,613 SF
      1304 Baltimore St, Hanover, PA 17331-4407
      View Details
    • Value Estimation
      $1,205,000
      5,722 SF

      1139 Baltimore St

      MEDICAL BUILDING • 5,722 SF
      1139 Baltimore St, Hanover, PA 17331-4404
      View Details
    • Value Estimation
      $275,000
      6,012 SF

      401 Allegheny Ave

      MEDICAL BUILDING • 6,012 SF
      401 Allegheny Ave, Hanover, PA 17331-1957
      View Details
    • Value Estimation
      $235,000
      2,663 SF

      249 Allegheny Ave

      MEDICAL BUILDING • 2,663 SF
      249 Allegheny Ave, Hanover, PA 17331-1806
      View Details
    • Value Estimation
      $220,000
      3,282 SF

      221 Potomac Ave

      MEDICAL BUILDING • 3,282 SF
      221 Potomac Ave, Hanover, PA 17331-2242
      View Details

    Similar Nearby for Sale

    • $1,750,000
      10,000 SF

      Hanover Medical Office Building

      Class A, 10,000 SF Medical Office
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      Hanover, PA Office Building For Sale

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    • $175,000
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      Tenant-designed medical office building with stable income streams.
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    • $1,995,000
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      Hanover, PA Office Building

      Landmark Office Building, 30,112 SF
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    • $359,900
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      Charming Commercial Property in Hanover

      High-traffic commercial property with charm and character in Hanover, PA.
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    Similar Nearby for Lease

    • $14 SF/Yr
      112,200 SF

      Grandview Plaza: Retail & Office Space

      Weis Markets-anchored center; 5 spaces available.
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      View Details
    • $15 SF/Yr
      167,392 SF

      Clearview Shopping Center: Hanover, PA

      Hanover retail space, multiple suites available.
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    • $15 SF/Yr
      30,000 SF

      1665 Broadway

      Medical offices • 30,000 SF
      1665 Broadway, Hanover, PA 17331
      View Details
    • $10 SF/Yr
      2,268 SF

      Hanover Medical Office Condo

      Prime Hanover location, versatile office space.
      195 Stock St, Hanover, PA 17331
      View Details
    • Contact for pricing
      146,814 SF

      Prime Hanover Office Space

      Class A medical/executive suites available
      250 Fame Ave, Hanover, PA 17331
      View Details
    • Contact for pricing
      20,308 SF

      Clearview Shopping Center Space Available

      Hanover, PA retail & office space. High traffic location.
      1000 Carlisle St, Hanover, PA 17331
      View Details
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    864 Broadway
    Hanover, PA 17331-1501
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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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