400 Locust StDallastown, PA 17313

Property Details for 400 Locust St

Year built

1980

Lot size

4.38 AC

Property size (Sq ft)

64,000 SF

Zone code

ID

Property type

Warehouses

APN

56-000-03-0196.00-00000

APU

560000301960000000

Description

This exceptional 58,865-square-foot industrial property in Dallastown, PA, offers a prime location and versatile space. Situated on a 4.62-acre lot, this Class C building, constructed in 1980, features two separate suites totaling nearly 59,000 square feet. The front suite boasts over 30,000 square feet, eight loading docks, and one drive-in door, while the rear suite comprises approximately 28,000 square feet with three loading docks and two drive-in doors. Each suite can be leased individually or as a combined space. The property includes 12 total loading docks and 3 drive-ins, along with 65 parking spaces. High ceilings (15 feet) and robust power (1,200 amps/480v) cater to diverse manufacturing and warehousing needs. Extensive yard space provides ample room for storage and maneuvering. Enhanced security features include dedicated access, fencing, and electronic gates. The property's strategic location near Interstate-83 in York County, PA, offers convenient access to major transportation arteries, serving a vast market within a four-hour drive. The zoning is Industrial-General. This property presents a significant opportunity for businesses seeking efficient and secure industrial space in a well-connected location.

• CAP approach

  CAP return

  Valuation

  6%

  $21,656,900

  6.5%

  $19,991,000

  7%

  $18,563,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,851,980

  Geo Method

  $6,441,980

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,320,700

  Mixed-Use / Specialty

  $10,338,700

  Hospitality / Lodging

  $7,656,480

  Office

  $10,334,300

  Institutional / Educational

  $10,767,700

  Residential Income

  $12,598,200

  Multifamily

  $14,806,000

  Automotive / Energy

  $9,229,430

  Parking / Income-Based Land

  $3,130,860

  Restaurant / Food Service

  $5,494,110

  Healthcare / Senior Housing

  $10,546,000

Location Insight

City

Dallastown

County

York

State

Pennsylvania

Latitude

39.9013

Longitude

-76.6313

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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