120 Stover DrCarlisle, PA 17015

Property Details for 120 Stover Dr

Lot size

4.57 AC

Property size (Sq ft)

7,200 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

21-07-0465-035

APU

21070465035

Description

This turnkey 7,200-square-foot industrial outdoor storage (IOS) facility is ideally situated near the highly sought-after I-81 and I-76 interchanges in Carlisle, Pennsylvania. The property boasts a substantial 4.57-acre lot, providing ample parking and a generous lay-down yard perfect for storing raw materials or equipment. The building itself offers 7,200 square feet of space, including dedicated office space and ample car parking. Access is convenient with three drive-in doors and one loading dock. The property's zoning is Light Industrial, and it features heavy power. The building was constructed in 1985 and has a total of 43 parking spaces. Its location offers easy access to major transportation arteries, including I-81, I-76 (Pennsylvania Turnpike), and US-11, as well as proximity to Carlisle Regional Airport and Harrisburg International Airport. The property enjoys a prestigious location with corporate neighbors such as Apple Inc., Amazon, Saia LTL Freight, and numerous other businesses, along with nearby hotels and restaurants. The property's APN is 21-07-0465-035. This single-tenant property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space. The large lot size offers significant flexibility for outdoor storage or expansion.

• CAP approach

  CAP return

  Valuation

  6%

  $2,258,164

  6.5%

  $2,084,460

  7%

  $1,935,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,853,176

  Geo Method

  $1,141,439

• Alternative Use

  Use

  Valuation

  Residential

  $1,758,320

  Hospitality

  $1,610,611

  Educational

  $1,340,010

  Medical

  $1,386,095

  Retail

  $2,084,460

Location Insight

City

Carlisle

County

Cumberland

State

Pennsylvania

Latitude

40.2255

Longitude

-77.1353

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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