4720 Carlisle PikeMechanicsburg, PA 17050

Property Details for 4720 Carlisle Pike

Lot size

0.81 AC

Property size (Sq ft)

7,512 SF

Property type

Medical offices

Property subtype

Medical centers

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.

• 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

FAQs

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