4242 Carlisle PikeCamp Hill, PA 17011

Property Details for 4242 Carlisle Pike

Lot size

9.09 AC

Property type

Office properties

Property subtype

Office buildings

APN

10-21-0277-034

APU

10210277034

Description

This exceptional Class A, 82,380 square foot executive office building is situated on a prominent 9.09-acre lot at 4242 Carlisle Pike in Camp Hill, Pennsylvania (17011). Boasting over 400 feet of frontage along the Carlisle Pike, this three-story building offers unparalleled visibility and accessibility. Built in 1990, the property features a single tenancy and is currently vacant, presenting a unique opportunity for an owner-occupier or investor. The building includes a finished basement adding 5,807+ square feet to the total space. Amenities include two elevators (each with a 3,500 lb capacity), a fire sprinkler system, and a robust HVAC system comprised of two 60-ton Trane air conditioning units and two gas hot water boilers. Flooring consists of carpet and tile. The ample parking accommodates 315 vehicles in a surface lot and garage, enclosed by fencing. The building's infrastructure includes a 1600 amp, 3-phase, 480-volt electrical capacity. Interior finishes include drywall and some decorative wood paneling, with incandescent and fluorescent lighting fixtures. Restrooms are conveniently located on each floor. Exterior features include brick construction, a shingled and rubber roof, and prominent signage including a business ID sign, lobby directory, and monument sign. The property is zoned A-O and its location offers convenient access to numerous restaurants, banks, and Route 581. The asking price is $3,600,000. APN: 21-0277-0034.

• CAP approach

  CAP return

  Valuation

  6%

  $63,940,908

  6.5%

  $59,022,376

  7%

  $54,806,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,174,188

  Geo Method

  $24,909,844

• Alternative Use

  Use

  Valuation

  Residential

  $73,187,744

  Hospitality

  $67,039,584

  Educational

  $55,776,144

  Medical

  $57,694,372

  Retail

  $86,762,896

Location Insight

City

Camp Hill

County

Cumberland

State

Pennsylvania

Latitude

40.2392

Longitude

-76.9553

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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