1602 Spring RdCarlisle, PA 17013
- Mixed-use properties
- 2,056 SF
Property Details for 1602 Spring Rd
- Lot size
- 1.06 AC
- Property size (Sq ft)
- 2,056 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 29-18-1369-012
- APU
- 29181369012
Description
This exceptional mixed-use property, located at 1602 Spring Road in Carlisle, Pennsylvania, presents a unique investment opportunity. Boasting 2,168 square feet on a 1.06-acre lot, this property enjoys high visibility on the heavily trafficked Spring Road, with additional access from Longs Gap Road. Its Neighborhood Commercial zoning allows for a wide range of potential uses, making it highly versatile. Previous uses have included residential rentals, a car lot, and a real estate sales office, demonstrating its adaptability to various business models. The property's strategic location offers convenient proximity to local attractions such as the Carlisle Car Show and the vibrant downtown area, while also providing easy access to major transportation routes. This combination of prime location, flexible zoning, and ample space makes this property an ideal investment for entrepreneurs and developers seeking a high-impact commercial venture in a thriving community. The property's size and accessibility make it suitable for a variety of businesses, from retail and office spaces to light industrial uses (subject to zoning regulations). Serious inquiries are encouraged to explore the full potential of this exceptional Carlisle property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $438,661
- 6.5%
- $404,918
- 7%
- $375,995
-
Comparable approach
- Method
- Valuation
- Relative Method
- $209,994
- Geo Method
- $129,343
-
Alternative Use
- Use
- Valuation
- Residential
- $502,098
- Hospitality
- $459,919
- Educational
- $382,647
- Medical
- $395,807
- Retail
- $595,229
Location Insight
- City
- Carlisle
- County
- Cumberland
- State
- Pennsylvania
- Latitude
- 40.2232
- Longitude
- -77.1851
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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