4720 Carlisle PikeMechanicsburg, PA 17050

  • Healthcare properties
  • 7,512 SF
For Lease
$14/SF/YR View listing

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
4720 Carlisle Pike, Mechanicsburg, Pennsylvania

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

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
$13,758
$282,300
$687,700
$970,000
-
$282,300
$687,700
$970,000

FAQs

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