1706 Spring RdCarlisle, PA 17013

Property Details for 1706 Spring Rd

Year built

1969

Lot size

4.51 AC

Property size (Sq ft)

45,483 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

29-17-1585-213

APU

29171585213

Description

Carlisle Plaza, located at 1706 Spring Rd, Carlisle, PA 17013, offers a fantastic retail opportunity. This single-story, 6,492 square foot storefront space is situated within a thriving neighborhood center at the highly visible, signalized intersection of Spring Road and Calvary Road. The property enjoys excellent access and visibility, benefiting from ample parking (272 spaces) and pylon signage. The center is strategically positioned to serve both the Borough of Carlisle and North Middleton Township. Strong anchors include Karns Grocery and Family Dollar, providing significant foot traffic and drawing customers from the surrounding area. The location also offers convenient proximity to Member's First Bank, Rite Aid, the Carlisle Fairgrounds, and Carlisle Barracks. This space is ideal for a retailer seeking a prominent location in a growing commercial corridor. The property is in Cumberland County and easily accessible from Sterretts Gap Ave. This is a rare opportunity to secure a substantial retail space in a well-established and highly visible location.

• CAP approach

  CAP return

  Valuation

  6%

  $14,265,013

  6.5%

  $13,167,704

  7%

  $12,227,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,706,668

  Geo Method

  $7,210,566

• Alternative Use

  Use

  Valuation

  Residential

  $11,107,451

  Hospitality

  $10,174,366

  Educational

  $8,464,953

  Medical

  $8,756,076

  Retail

  $13,167,704

Location Insight

City

Carlisle

County

Cumberland

State

Pennsylvania

Latitude

40.2252

Longitude

-77.1811

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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