110 Old York RdNew Cumberland, PA 17070

Property Details for 110 Old York Rd

Year built

1977

Lot size

6.68 AC

Property size (Sq ft)

60,608 SF

Zone code

CN

Property type

Retail properties

Property subtype

Community centers

APN

27-000-SF-0086.A0-00000

APU

27000SF0086A000000

Description

Fairview Commons, located at 110 Old York Rd in New Cumberland, Pennsylvania (zip code 17070), presents a compelling retail investment opportunity. This established neighborhood center boasts a total of 52,964 square feet of retail space and currently houses a diverse mix of tenants, including a Grocery Outlet anchor store, Dollar Tree, Dairy Queen, Fashion Nails, and Smoker's Express, providing a variety of shopping and dining options. Four individual retail spaces are currently available, ranging in size from 1,150 square feet to 5,000 square feet, offering flexibility for various business types. The center benefits from its location in York County, Pennsylvania, and enjoys high customer traffic, evidenced by an impressive average of 3.87 visits per person. This strong customer loyalty and diverse tenant mix create a stable and attractive investment opportunity within a thriving community. The property's convenient location and established tenant base make it an ideal choice for businesses seeking high visibility and a strong customer base. The available spaces offer a chance to become part of a successful and well-established retail center in a densely populated area. Detailed lease terms and financial information are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $14,387,150

  6.5%

  $13,280,446

  7%

  $12,331,843

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,953,333

  Geo Method

  $9,608,380

• Alternative Use

  Use

  Valuation

  Residential

  $11,202,553

  Hospitality

  $10,261,478

  Educational

  $8,537,430

  Medical

  $8,831,045

  Retail

  $13,280,446

Location Insight

City

New Cumberland

County

York

State

Pennsylvania

Latitude

40.2232

Longitude

-76.8587

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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