1100 Carlisle StHanover, PA 17331

Property Details for 1100 Carlisle St

Year built

1945

Lot size

1.15 AC

Property size (Sq ft)

7,200 SF

Zone code

CM

Property type

Retail properties

Property subtype

Retail space

APN

67-000-19-0043.B0-00000

APU

67000190043B000000

Description

This exceptional 0.43-acre commercial land parcel, located at 1100 Carlisle Street in Hanover, Pennsylvania (zip code 17331), presents a unique investment opportunity. Situated on a highly visible corner lot with 112 feet of frontage on Carlisle Street and 170 feet on Radio Road, this property boasts excellent exposure to the substantial traffic flow of US Route 94. The land totals 18,731 square feet and is zoned for Highway Oriented Business, allowing for a diverse range of uses. Previous use as a used car sales business demonstrates the suitability for outdoor sales and services. Permitted uses under the zoning include, but are not limited to, retail businesses, office spaces, and ample parking lot development. The property's strategic location directly across from the North Hanover Shopping Mall further enhances its desirability and potential for strong returns. This is an ideal site for businesses seeking high visibility and convenient access to a large customer base. The single-tenant nature of the property offers flexibility and control. The total building square footage on the property is 324 square feet. This property is located in York County, Pennsylvania.

• CAP approach

  CAP return

  Valuation

  6%

  $2,258,164

  6.5%

  $2,084,460

  7%

  $1,935,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,853,176

  Geo Method

  $1,141,439

• Alternative Use

  Use

  Valuation

  Residential

  $1,758,320

  Hospitality

  $1,610,611

  Educational

  $1,340,010

  Medical

  $1,386,095

  Retail

  $2,084,460

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8189

Longitude

-76.9945

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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