419 Village DrCarlisle, PA 17015

  • Super regional malls
  • 2.51 AC
For Lease
$16.50/SF/YR View listing

Property Details for 419 Village Dr

Year built
1998
Lot size
2.51 AC
Property type
Super regional malls
APN
40-09-0529-065
APU
40090529065

Description

This exceptional 2,774 square foot executive office suite is located at 419 Village Drive, Suite 7, in Carlisle, Pennsylvania. Situated in a Class B building constructed in 1998, this single-tenant space offers significant flexibility for a variety of medical or professional office uses. The total building size is 2,779 square feet, with nearly the entire space currently vacant and ready for immediate occupancy. The property boasts a convenient location just off Walnut Bottom Road, providing easy access to the I-81 corridor. This strategic location places the suite within close proximity to a number of established businesses and amenities, including Giant Foods, Orrstown Bank, UPMC Carlisle Hospital, other UPMC medical offices, an urgent care facility, the Wellspan Medical Campus, and a newly developed residential community. The property is zoned C-1 and is located in Cumberland County, Pennsylvania, zip code 17015. This presents a unique opportunity for businesses seeking a well-situated, readily available office space in a thriving area. The property offers a strong foundation for growth and success, benefiting from its proximity to a diverse range of services and a growing residential population. This is an ideal location for businesses seeking high visibility and convenient access for clients and employees.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $34,291,480
    6.5%
    $31,653,676
    7%
    $29,392,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,141,510
    Geo Method
    $17,333,386
  • Alternative Use

    Use
    Valuation
    Residential
    $26,701,060
    Hospitality
    $24,458,028
    Educational
    $20,348,792
    Medical
    $21,048,618
    Retail
    $31,653,676

Location Insight

City
Carlisle
County
Cumberland
State
Pennsylvania
Latitude
40.1816
Longitude
-77.2145
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
$45,338
$463,800
$2,336,200
$2,800,000
-
$463,800
$2,336,200
$2,800,000

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