1404 Baltimore StHanover, PA 17331

  • Retail properties
  • 7,360 SF
For Lease
$24/SF/YR View listing

Property Details for 1404 Baltimore St

Year built
2006
Lot size
1.21 AC
Property size (Sq ft)
7,360 SF
Property type
Retail properties
Property subtype
Retail space
APN
44-000-CD-0060.00-C0014
APU
44000CD006000C0014

Description

This exceptional Class A medical office building, located at 1404 Baltimore Street in Hanover, Pennsylvania, offers 5,340 square feet of completely vacant space, ideal for a variety of medical practices. The single-story building features ample parking with 47 spaces, ensuring convenient access for patients and staff. The property boasts excellent visibility from the road, situated on the pad of a shopping center, guaranteeing high traffic and exposure. The interior is in move-in condition, previously occupied by UPMC Express Urgent Care. The layout includes approximately ten exam/procedure rooms, an imaging room, two lab areas, a break room, a reception/waiting area, a nurses' station, a filing area, and four ADA-compliant bathrooms. The minimum leasable space is 1,600 square feet, with the entire 5,340 square feet available for a single tenant. This property presents a fantastic opportunity for a medical practice seeking a well-appointed, highly visible location in York County. The building is situated in a thriving commercial area of Hanover, PA, zip code 17331. The property is conveniently located and offers easy access for patients and staff.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,308,346
    6.5%
    $2,130,781
    7%
    $1,978,582
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,894,358
    Geo Method
    $1,166,804
  • Alternative Use

    Use
    Valuation
    Residential
    $1,797,393
    Hospitality
    $1,646,403
    Educational
    $1,369,788
    Medical
    $1,416,897
    Retail
    $2,130,781
1404 Baltimore St, Hanover, Pennsylvania

Location Insight

City
Hanover
County
York
State
Pennsylvania
Latitude
39.7718
Longitude
-76.958
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
$20,695
$205,050
$409,030
$614,080
-
$205,050
$409,030
$614,080

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