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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    989 Potosi Rd Glen Rock, PA 17327

    • Commercial real estate
    • 35.99 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1909024
    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

    • Commercial real estate

    Property Details for 989 Potosi Rd

    Lot size
    35.99 lot acres
    Property type
    Commercial real estate
    APN
    47-000-EI-0036-A0-00000

    Description

    This exceptional 35.99-acre property presents a unique investment opportunity in Glen Rock, Pennsylvania. Located at 989 Potosi Rd, York County, with the APN 47-000-EI-0036-A0-00000, this land boasts a highly desirable commercial/agricultural zoning designation, offering diverse development potential. The asking price is $5,000,000. Its strategic location directly off Exit 8 of I-83 provides unparalleled visibility to over 40,000 vehicles daily, ensuring significant exposure for any commercial venture. The property's proximity to the Pennsylvania/Maryland line (just 8 miles away), and its convenient access to major cities like York, Lancaster, Harrisburg, and Baltimore, further enhances its appeal. Currently leased on a year-to-year basis, this land offers immediate income potential while simultaneously presenting numerous possibilities for future development. Whether you seek to expand your agricultural operations or capitalize on the prime commercial location, this property is an exceptional addition to any portfolio. The property's size and zoning make it suitable for a wide range of uses, from agricultural pursuits to various commercial developments. Don't miss this chance to acquire a highly visible and versatile property in a thriving region. The zip code is 17327.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Glen Rock
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6823954
    Latitude
    39.8249616

    Comparable in this City

    • $449,999
      9.57 Acres

      Glen Rock Land Opportunity

      9.57 acres in Southern York County with development potential.
      Hokes Rd, Glen Rock, PA 17327
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    • $124,900
      4.41 Acres

      Sprawling 4.41 Acre Lot

      4.41 acre lot to build your dream home!
      Manchester St, Glen Rock, PA 17327
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    • $295,000
      6,736 SF

      Retail Property Near Heritage Rail

      Retail property in Southern York, accessible to Maryland.
      14 Main St, Glen Rock, PA 17327
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    • $179,900
      7,200 SF

      Historic Building in Glen Rock

      7,200 SF building on a primary thoroughfare.
      37 Manchester St, Glen Rock, PA 17327
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    • Contact for pricing
      73,500 SF

      Glen Rock Warehouse Space

      73,500 sq ft warehouse in Glen Rock, Pennsylvania.
      11118 Susquehanna Trl S, Glen Rock, PA 17327
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    • $325,000
      0.19 Acres

      Retail and Residential Income Property

      Two-unit rental with retail/warehouse space offering many possibilities.
      12 Manchester St, Glen Rock, PA 17327
      View Details

    Similar Nearby for Sale

    • $449,999
      9.57 Acres

      Glen Rock Land Opportunity

      9.57 acres in Southern York County with development potential.
      Hokes Rd, Glen Rock, PA 17327
      View Details
    • $124,900
      4.41 Acres

      Sprawling 4.41 Acre Lot

      4.41 acre lot to build your dream home!
      Manchester St, Glen Rock, PA 17327
      View Details
    • $295,000
      6,736 SF

      Retail Property Near Heritage Rail

      Retail property in Southern York, accessible to Maryland.
      14 Main St, Glen Rock, PA 17327
      View Details
    • Contact for pricing
      73,500 SF

      Glen Rock Warehouse Space

      73,500 sq ft warehouse in Glen Rock, Pennsylvania.
      11118 Susquehanna Trl S, Glen Rock, PA 17327
      View Details
    • $179,900
      7,200 SF

      Historic Building in Glen Rock

      7,200 SF building on a primary thoroughfare.
      37 Manchester St, Glen Rock, PA 17327
      View Details
    • $325,000
      0.19 Acres

      Retail and Residential Income Property

      Two-unit rental with retail/warehouse space offering many possibilities.
      12 Manchester St, Glen Rock, PA 17327
      View Details
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    989 Potosi Rd
    Glen Rock, PA 17327
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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