444 Railroad AveShiremanstown, PA 17011

  • Other commercial real estate
  • 26,820 SF
For Lease
$7.25/SF/YR View listing

Property Details for 444 Railroad Ave

Lot size
7.38 AC
Property size (Sq ft)
26,820 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
10-22-0529-007
APU
10220529007

Description

This exceptional industrial property, located at 444 Railroad Ave, Shiremanstown, PA 17011, offers a total of 26,820 square feet of warehouse and distribution space. The building, constructed in 1970, sits on a generous 7.38 acres of land and is zoned for general industrial use. Currently offering multiple tenancies, one space of 9,575 square feet is immediately available. The property boasts a versatile ceiling height ranging from 12 to 24 feet, providing ample vertical storage capacity. Convenient loading and unloading is facilitated by two loading docks and two drive-in doors. The property's strategic location, with convenient access to Trindle Rd, ensures efficient transportation and logistics. This is an ideal opportunity for businesses seeking a well-maintained, spacious industrial facility in a prime Shiremanstown location. The property's size and features make it suitable for a variety of industrial and distribution operations. Interested parties are encouraged to inquire for further details and availability. The property is situated near the intersection of Railroad Ave and Trindle Rd, offering easy access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,366,542
    6.5%
    $5,876,808
    7%
    $5,457,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,174,570
    Geo Method
    $4,251,860
  • Alternative Use

    Use
    Valuation
    Residential
    $4,957,307
    Hospitality
    $4,540,867
    Educational
    $3,777,948
    Medical
    $3,907,877
    Retail
    $5,876,808
444 Railroad Ave, Shiremanstown, Pennsylvania

Location Insight

City
Shiremanstown
County
Cumberland
State
Pennsylvania
Latitude
40.2281
Longitude
-76.955
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
$34,422
$848,100
$1,578,900
$2,427,000
-
$848,100
$1,578,900
$2,427,000

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