4720 Carlisle PikeMechanicsburg, PA 17050
- Healthcare properties
- 7,512 SF
Property Details for 4720 Carlisle Pike
- Lot size
- 0.81 AC
- Property size (Sq ft)
- 7,512 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 10-21-0279-044
- APU
- 10210279044
Description
This Mechanicsburg, PA office building at 4720 Carlisle Pike offers a unique opportunity for businesses seeking flexible and modern workspace. The property, a three-story, Class B building constructed in 1980 and renovated in 2024, encompasses 10,500 square feet and sits on a 0.81-acre lot. Currently, there are three suites available, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 1,700 square feet. A total of 4,754 square feet is currently vacant. The building features ample parking with 50 spaces available, catering to both employees and clients. Its convenient location in Cumberland County, zoned Commercial Limited, provides easy access to major highways, ensuring excellent connectivity for commuters. The building's 1980 construction has been updated with a 2024 renovation, offering modern amenities within a well-established location. This property presents an excellent opportunity for businesses seeking a professional and accessible office space in the thriving Mechanicsburg area. The building is suitable for multiple tenants or a single user seeking to expand their operations. The combination of convenient location, ample parking, and recently renovated space makes this a highly desirable commercial property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,602,734
- 6.5%
- $1,479,446
- 7%
- $1,373,772
-
Comparable approach
- Method
- Valuation
- Relative Method
- $767,254
- Geo Method
- $472,580
-
Alternative Use
- Use
- Valuation
- Residential
- $1,834,513
- Hospitality
- $1,680,404
- Educational
- $1,398,077
- Medical
- $1,446,159
- Retail
- $2,174,786
Location Insight
- City
- Mechanicsburg
- County
- Cumberland
- State
- Pennsylvania
- Latitude
- 40.2371
- Longitude
- -76.965
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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