8205 Presidents DrHummelstown, PA 17036

Property Details for 8205 Presidents Dr

Year built

2004

Lot size

1.76 AC

Property size (Sq ft)

20,812 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

63-022-050

APU

63022050

Description

This exceptional two-story office building at 8205 Presidents Drive in Hummelstown, PA 17036, offers a variety of flexible lease options. The 20,812 square foot building, constructed in 2002, is classified as Class B and features both grade-level access on each floor and tremendous views. Currently, there are 10,000 square feet of vacant space available, divisible into units ranging from a minimum of 4,000 square feet to a maximum contiguous space of 10,000 square feet. The building sits on 1.76 acres of land and is zoned ML - Limited Manufacturing District. The property boasts 200 amps of power. Its convenient location near Route 322/Paxton Street provides easy access to a wide array of amenities, including restaurants, shopping centers, other businesses, and hotels. This Dauphin County property (APN: 63-022-050) presents a fantastic opportunity for businesses seeking modern, adaptable office space in a desirable location. The building is suitable for various office subtypes, including traditional, executive, and creative office uses. First-floor suites of 4,000, 6,000, or a combined 10,000 square feet are immediately available.

• CAP approach

  CAP return

  Valuation

  6%

  $3,360,790

  6.5%

  $3,102,267

  7%

  $2,880,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,901,346

  Geo Method

  $1,309,283

• Alternative Use

  Use

  Valuation

  Residential

  $3,846,811

  Hospitality

  $3,523,658

  Educational

  $2,931,642

  Medical

  $3,032,466

  Retail

  $4,560,332

Location Insight

City

Hummelstown

County

Dauphin

State

Pennsylvania

Latitude

40.2662

Longitude

-76.7441

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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