1200 Walnut Bottom RdCarlisle, PA 17015

Property Details for 1200 Walnut Bottom Rd

Lot size

2.00 AC

Property size (Sq ft)

18,576 SF

Property type

Office properties

Property subtype

Office buildings

APN

40-23-0604-008

APU

40230604008

Description

This Carlisle, PA commercial property at 1200 Walnut Bottom Road offers a variety of office spaces for lease, totaling 24,442 square feet across a single, Class C building on a 2-acre lot. The property is zoned C-2 Commercial and features 94 parking spaces. Multiple suites are available, ranging from approximately 700 square feet to a maximum contiguous space of approximately 4,296 square feet. The entire third floor (approximately 4,296 square feet minimum divisible space of 1,415 square feet) is available and includes private offices, a kitchenette, conference rooms, and a large additional room. On the second floor, a 700 square foot suite is available, and the first floor offers a 1,000 square foot suite with three private offices and a large room suitable for use as an office or conference room. Additionally, a 0.75-acre pad site is available for lease, with a concept plan outlining a potential 10,500 square foot, two-story building with 35 parking spaces. The property's address is 1200 Walnut Bottom Road, Carlisle, PA 17015. The property is suitable for various office uses, including traditional, medical, creative, and executive office spaces. The building has a total of 27 suites. Currently, 5,296 square feet of space is vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $3,963,309

  6.5%

  $3,658,439

  7%

  $3,397,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,897,299

  Geo Method

  $1,168,616

• Alternative Use

  Use

  Valuation

  Residential

  $4,536,464

  Hospitality

  $4,155,377

  Educational

  $3,457,225

  Medical

  $3,576,124

  Retail

  $5,377,906

Location Insight

City

Carlisle

County

Cumberland

State

Pennsylvania

Latitude

40.1787

Longitude

-77.2198

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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