1548 State RdDuncannon, PA 17020

  • Outlet malls
  • 1.20 AC
For Lease
$10/SF/YR View listing

Property Details for 1548 State Rd

Lot size
1.20 AC
Zone code
MIX
Property type
Outlet malls
APN
210,134.02-026.005
APU
21013402026005

Description

This exceptional 10,625 square foot retail property in Duncannon, Pennsylvania, presents a unique leasing opportunity. Located at 1548 State Road, zip code 17020, this single-tenant building offers a versatile space ideal for a variety of businesses. Currently, 2,500 square feet are available for lease, providing ample room for expansion or immediate occupancy. The property's strategic location in Duncannon offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The building's existing infrastructure is well-maintained and ready for immediate use, minimizing upfront investment costs. The combined restaurant and office space layout provides flexibility for businesses requiring both front-of-house and back-office operations. This property is perfect for a business seeking a prominent location in a thriving community. The building's size and layout offer significant potential for customization to meet specific business needs. With its convenient location and ample square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in the Duncannon area. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is situated at latitude 40.3557142 and longitude -76.9858177.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,408,347
    6.5%
    $11,453,859
    7%
    $10,635,726
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,034,197
    Geo Method
    $8,286,848
  • Alternative Use

    Use
    Valuation
    Residential
    $9,661,758
    Hospitality
    $8,850,119
    Educational
    $7,363,195
    Medical
    $7,616,426
    Retail
    $11,453,859

Location Insight

City
Duncannon
County
Perry
State
Pennsylvania
Latitude
40.3557
Longitude
-76.9859
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
$11,150
$72,800
$526,500
$599,300
-
$72,800
$526,500
$599,300

FAQs

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