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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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