1600 Hummel AveCamp Hill, PA 17011

  • Office properties
  • 11,193 SF
For Sale
$1,195,000 View listing

Property Details for 1600 Hummel Ave

Lot size
1.20 AC
Property size (Sq ft)
11,193 SF
Property type
Office properties
Property subtype
Office buildings
APN
13-22-0826-002
APU
13220826002

Description

This exceptional 1.2-acre industrial property at 1600 Hummel Avenue in Camp Hill, Pennsylvania, presents a unique owner-user opportunity. The property, built in 1952 and zoned for General Industrial use, features a combination flex and warehouse space ideal for a variety of businesses. The building includes five grade-level drive-in doors, providing convenient access for loading and unloading. A significant advantage is the ample parking and a fenced outdoor storage yard, perfect for material staging. The location offers easy access to major transportation arteries, including Route 581, I-83, and I-81, ensuring efficient logistics. This infill location boasts a prime position within a thriving industrial corridor, surrounded by established businesses such as York International, Sherwin Williams, and others. The property's flexible zoning allows for both commercial and industrial uses, making it a versatile option for a wide range of businesses. Numerous amenities are within a one-mile radius, adding to the property's appeal. The asking price is $1,195,000, and the lease type is NNN. This is a rare opportunity to acquire a well-situated industrial property in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,807,482
    6.5%
    $1,668,445
    7%
    $1,549,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,022,572
    Geo Method
    $704,152
  • Alternative Use

    Use
    Valuation
    Residential
    $2,068,872
    Hospitality
    $1,895,075
    Educational
    $1,576,680
    Medical
    $1,630,905
    Retail
    $2,452,614
1600 Hummel Ave, Camp Hill, Pennsylvania

Location Insight

City
Camp Hill
County
Cumberland
State
Pennsylvania
Latitude
40.2373
Longitude
-76.9079
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, 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
$14,944
$240,000
$497,900
$737,900
-
$240,000
$497,900
$737,900

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