1150 Carlisle StHanover, PA 17331

  • Retail properties
  • 109,544 SF
For Lease
$12/SF/YR View listing

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
1150 Carlisle St, Hanover, Pennsylvania

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

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
$174,350
$2,172,912
$3,000,688
$5,173,600
-
$2,172,912
$3,000,688
$5,173,600

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