1150 Carlisle StHanover, PA 17331

Property Details for 1150 Carlisle St

Year built

1972

Lot size

15.81 AC

Property size (Sq ft)

109,544 SF

Zone code

CM

Property type

Community centers

APN

44-000-10-0046.00-00000

APU

440001000460000000

Description

North Point Plaza, located at 1150 Carlisle St, Hanover, PA 17331, offers 1,345 square feet of Class A retail space. This single-story building, part of a three-building complex totaling 120,341 square feet, is situated at the intersection of Eisenhower Boulevard and Carlisle Pike, across from the Hanover Mall. Built in 1972 and renovated in 2012, the property boasts 835 total parking spaces, ensuring ample customer convenience. The plaza benefits from its location on high-traffic roadways, Carlisle Street and Eisenhower Boulevard, attracting significant foot traffic. The property's strong tenant mix includes established retailers such as Big Lots, Jo-Ann Fabric, Grocery Outlet, and Tractor Supply, creating a vibrant and synergistic shopping environment. This prime retail location in the South Central Pennsylvania submarket (Hanover cluster) within York County offers exceptional visibility and accessibility, making it an ideal opportunity for businesses seeking to thrive in a growing market. The available space is part of a multi-tenant building. The Hanover market has shown significant growth in the last decade.

• CAP approach

  CAP return

  Valuation

  6%

  $34,356,716

  6.5%

  $31,713,894

  7%

  $29,448,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,195,046

  Geo Method

  $17,366,360

• Alternative Use

  Use

  Valuation

  Residential

  $26,751,856

  Hospitality

  $24,504,556

  Educational

  $20,387,502

  Medical

  $21,088,660

  Retail

  $31,713,894

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8216

Longitude

-76.9987

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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