635 12Th StLemoyne, PA 17043

  • Office buildings
  • 25,846 SF
For Lease
$18.75/SF/YR View listing

Property Details for 635 12Th St

Lot size
1.32 AC
Property size (Sq ft)
25,846 SF
Property type
Office buildings
APN
12-20-1856-042
APU
12201856042

Description

This exceptional Lemoyne, PA office building at 635 N Twelfth St offers a diverse range of spaces to suit various business needs. The four-story building totals 25,000 square feet, with a minimum divisible space of 7,300 square feet. Currently, 10,610 square feet is available for lease. The property features a mix of creative, traditional, and executive office suites, along with co-working options. Professional office suites are available on the first and third floors, boasting sizable private offices with ample natural light. Conveniently located with easy access to Interstates 83, Route 15, and 581, this location offers unparalleled accessibility. The building includes 107 parking spaces and a single elevator for convenient access to all floors. The zoning is designated OFF - Office. Co-working spaces are available for lease at monthly rates starting at $575, inclusive of reception area use, a shared conference room, and a tenant lounge. An attractive incentive is offered: one month of free rent for each year of the lease term. This property is ideal for businesses seeking flexible and well-appointed office space in a highly accessible location. The building is zoned for office use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,173,696
    6.5%
    $3,852,642
    7%
    $3,577,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,361,244
    Geo Method
    $1,625,972
  • Alternative Use

    Use
    Valuation
    Residential
    $4,777,276
    Hospitality
    $4,375,960
    Educational
    $3,640,747
    Medical
    $3,765,958
    Retail
    $5,663,384

Location Insight

City
Lemoyne
County
Cumberland
State
Pennsylvania
Latitude
40.2499
Longitude
-76.9136
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
$40,164
$528,000
$1,472,000
$2,000,000
-
$528,000
$1,472,000
$2,000,000

FAQs

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