This exceptional 13,696 square foot office building, constructed in 2007 and renovated in 2012, presents a compelling investment opportunity in Hummelstown, Pennsylvania. Located at 8182 Adams Dr, Dauphin County, zip code 17036, this Class B property sits on a 1.82-acre lot and offers ample parking with 80 spaces. The building features a multi-tenant layout suitable for executive or medical office uses, with three separate entryways and impressive lobby and reception areas. The efficient design includes abundant natural light and 8-foot ceilings. Zoned M-L (Limited Manufacturing District), this fully vacant building is ideal for an owner-user seeking a prominent location minutes from US-322, providing easy access to the Paxton Street corridor and Hershey. The asking price is $1,715,000, translating to $125 per square foot. This property offers significant potential for a variety of uses and is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,144,174
6.5%
$1,979,238
7%
$1,837,864
Comparable approach
Method
Valuation
Relative Method
$1,213,054
Geo Method
$835,319
Alternative Use
Use
Valuation
Residential
$2,454,255
Hospitality
$2,248,084
Educational
$1,870,380
Medical
$1,934,705
Retail
$2,909,480
Location Insight
City
Hummelstown
County
Dauphin
State
Pennsylvania
Latitude
40.2645
Longitude
-76.7432
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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