225 Grandview AveCamp Hill, PA 17011

Property Details for 225 Grandview Ave

Lot size

17.48 AC

Property type

Office buildings

APN

09-19-1592-037

APU

9191592037

Description

This exceptional Class A office building, located at 225 Grandview Avenue in Camp Hill, Pennsylvania, offers 214,024 square feet of premium office space. Built in 1981 and extensively renovated in 2021, the six-story building boasts a desirable location in Central PA's thriving Camp Hill submarket, just three miles west of Harrisburg. The property features multiple tenancy options with a minimum divisible space of 10,000 square feet, and a maximum of 45,964 square feet. Ample parking is provided at a ratio of 4.5 spaces per 1,000 square feet. The building is equipped with robust power infrastructure, including 1,000 AMPS at 480 Volts. Situated on a 17.48-acre lot, this property benefits from its strategic location near major highway systems, including Routes 15, 81, and 83, providing easy access to Harrisburg, Carlisle, and other surrounding areas. The OA (Office/Apartment) zoning allows for versatile usage. The building's prime location offers access to a strong labor pool, fueled by Harrisburg's robust job market, including two Fortune 500 companies and a significant concentration of healthcare businesses. This award-winning building, recognized for its architecture, presents a unique opportunity for businesses seeking a prestigious and conveniently located office space in a dynamic market. The APN is 09-19-1592-037. The zip code is 17011.

• CAP approach

  CAP return

  Valuation

  6%

  $122,958,032

  6.5%

  $113,499,720

  7%

  $105,392,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $69,562,768

  Geo Method

  $47,901,500

• Alternative Use

  Use

  Valuation

  Residential

  $140,739,648

  Hospitality

  $128,916,768

  Educational

  $107,257,232

  Medical

  $110,945,976

  Retail

  $166,844,592

Location Insight

City

Camp Hill

County

Cumberland

State

Pennsylvania

Latitude

40.2596

Longitude

-76.9228

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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