1150 Carlisle StHanover, PA 17331
- Retail properties
- 109,544 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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