1602 Spring RdCarlisle, PA 17013

  • Mixed-use properties
  • 2,056 SF
For Sale
$600,000 View listing

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
1602 Spring Rd, Carlisle, Pennsylvania

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

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
$3,203
$141,300
$17,600
$158,900
-
$141,300
$17,600
$158,900

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