401 Sherman StYork, PA 17403

  • Retail properties
  • 2,352 SF
For Lease
$18,000/SF/YR View listing

Property Details for 401 Sherman St

Year built
1960
Lot size
9.40 AC
Property size (Sq ft)
2,352 SF
Zone code
ID
Property type
Retail properties
Property subtype
Retail space
APN
48-000-03-0151.00-00000
APU
480000301510000000

Description

This 5,250-square-foot warehouse in York County's Harrisburg/Lancaster submarket offers ample storage space for lease. Built in 1960, this single-story Class D building sits on a 9.4-acre lot and features a 13-foot ceiling height. The property includes one loading dock with a single dock-high door (8' x 8' opening, 3' high), providing convenient access for loading and unloading. Electrical service is single-phase, 100-amp for lighting only. Note that there are no restrooms or heating system in place. Parking is available for twelve vehicles. The zoning is IP-Industrial Park, allowing for various industrial uses. The property is suitable for a single tenant, offering the entire 5,250 square feet of contiguous space. The property's APN is 48-000-03-0151-00-00000. This is an excellent opportunity for businesses seeking functional and affordable warehouse space in a well-established industrial area. The property is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $611,647
    6.5%
    $564,598
    7%
    $524,269
  • Comparable approach

    Method
    Valuation
    Relative Method
    $513,343
    Geo Method
    $372,870
  • Alternative Use

    Use
    Valuation
    Residential
    $476,259
    Hospitality
    $436,251
    Educational
    $362,956
    Medical
    $375,438
    Retail
    $564,598
401 Sherman St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9757
Longitude
-76.7092
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,015
$104,200
$140,260
$244,460
-
$104,200
$140,260
$244,460

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