351 Loucks RdYork, PA 17404

Property Details for 351 Loucks Rd

Year built

1967

Lot size

27.30 AC

Property size (Sq ft)

237,539 SF

Zone code

RS

Property type

Retail properties

Property subtype

Community centers

APN

36-000-16-0033.00-00000

APU

360001600330000000

Description

The Crossroads shopping center, a prominent York County retail property, offers 291,956 square feet of leasable space. This multi-tenant anchored center is strategically located at the high-traffic intersection of Route 30 and I-83, providing exceptional visibility and accessibility. With five convenient access points from Route 30 alone, and a daily traffic count exceeding 66,000 vehicles, this location ensures maximum exposure for tenants. The center currently has 14 available spaces ranging in size from 700 to 45,000 square feet, catering to a variety of retail needs. Recent renovations completed in 2022 have modernized the facility, enhancing its appeal to both retailers and shoppers. Its central location within York County allows it to effectively serve the entire market, making it an ideal investment opportunity for businesses seeking high visibility and strong foot traffic. The property's size and location make it a prime destination for a diverse range of retail businesses. This is a rare opportunity to secure space in a well-established, high-performing retail center in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $70,492,920

  6.5%

  $65,070,388

  7%

  $60,422,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,251,960

  Geo Method

  $37,657,816

• Alternative Use

  Use

  Valuation

  Residential

  $54,889,308

  Hospitality

  $50,278,312

  Educational

  $41,830,964

  Medical

  $43,269,596

  Retail

  $65,070,388

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9842

Longitude

-76.7421

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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