Financial
Distress signals
Property profile

979 York St Hanover, PA 17331

FOR LEASE
Retail space
Property ID
US73-1697052
10,368 SF 0.51 ac lot Built 1945
Last sale Nov 2019 · $427,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-tenant medical office space at 979 York Street, Unit #1, Hanover, PA 17331, offers excellent visibility on a main thoroughfare. Previously used as a chiropractic office, the space features a flexible floor plan easily adaptable to various needs. The zoning permits several uses by right, providing versatility for potential buyers. Located along York Street (PA Route 116), a key transportation corridor in and out of Hanover, this property benefits from high traffic volume and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$371k
Assessed land$53k
Assessed improvement$319k
Effective rate3.37%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$5k
Operating expenses−$25k
NOI · 668,256.35% cap applied$58k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$50 – $112
Qualifying comparables3

Cap rate analysis

How does the asset earn?
668,256.35%
$58k 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?
RS
JurisdictionYORK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.9
Law Firm19.0
Restaurant17.1

Location

979 York St Hanover, PA 17331
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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