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Financial
Distress signals
Property profile

864 Broadway Hanover, PA 17331

FOR SALE
Medical Office Space
Property ID
US73-1664346
2,856 SF 0.37 ac lot Built 1928
Last sale Jun 2015 · $403,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A medical office property of approximately 12,491 square feet located at 864 Broadway in Hanover, Pennsylvania 17331.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$367k
Assessed land$59k
Assessed improvement$308k
Effective rate3.63%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$109k
Vacancy & credit loss−$6k
Operating expenses−$41k
NOI · 6.53% cap applied$62k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
6.53%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CM
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Parking Facility11.6
Convenience Store10.2

Location

864 Broadway Hanover, PA 17331
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
26 Charles, Hanover, PA 17331-2204 $300,000 May 2025 2,091 SF
1304 Baltimore, Hanover, PA 17331-4407 $390,000 Apr 2024 3,613 SF
250 Walnut, Hanover, PA 17331-2534 $525,000 Apr 2024 3,309 SF
822 Broadway, Hanover, PA 17331-2015 $295,000 Sep 2021 2,831 SF
460 Clover, Hanover, PA 17331-9242 $258,000 Oct 2020 3,210 SF
205 Stock, Hanover, PA 17331-2225 $214,500 Feb 2019 2,566 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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