633 Market StYork, PA 17403

Property Details for 633 Market St

Lot size

0.28 AC

Property size (Sq ft)

4,138 SF

Zone code

CM

Property type

Parking lots & garages

APN

12-378-08-0012.00-00000

APU

123780800120000000

Description

This exceptional 0.28-acre commercial land parcel is strategically located at 633 E Market St, York, PA 17403, in York County. Priced at $225,000, this represents a land value of $803,571 per acre. The property is zoned UN1, offering a multitude of development possibilities. Its prime location on East Market Street ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. Potential uses include the development of a thriving business hub, retail complex, or office space catering to the local community. Alternatively, the site could support a mixed-use project, seamlessly blending commercial and residential elements to create a vibrant live-work-play environment. The property's versatility also allows for the creation of a residential neighborhood or multi-family housing development. This exceptional opportunity presents a blank canvas for a developer to realize their vision in a highly desirable location within York, Pennsylvania. The property's size and zoning provide significant flexibility for a range of development projects, capitalizing on the area's strong market dynamics. This is a rare chance to acquire a prime piece of land in a thriving Pennsylvania city.

• CAP approach

  CAP return

  Valuation

  6%

  $826,469

  6.5%

  $762,895

  7%

  $708,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $373,350

  Geo Method

  $270,734

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,473,610

  Mixed-Use / Specialty

  $765,878

  Hospitality / Lodging

  $569,325

  Office

  $767,268

  Institutional / Educational

  $798,243

  Residential Income

  $933,944

  Multifamily

  $1,088,500

  Automotive / Energy

  $684,208

  Parking / Income-Based Land

  $230,477

  Restaurant / Food Service

  $410,511

  Healthcare / Senior Housing

  $779,545

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9671

Longitude

-76.7148

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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