4999 Louise DrMechanicsburg, PA 17055

Property Details for 4999 Louise Dr

Lot size

5.60 AC

Property type

Office properties

Property subtype

Office buildings

APN

13-10-0256-016C

APU

13100256016C

Description

This Class A, 56,494 square foot office building, located at 4999 Louise Drive in Mechanicsburg, Pennsylvania, offers multiple turnkey suites ranging from 1,040 to 1,634 square feet. Built in 1998 and renovated in 2023, the property features a striking brick and window-wrapped façade, with each three-story office boasting beautiful finishes and abundant natural light thanks to floor-to-ceiling windows. The 5.6-acre lot provides ample parking (6.5 spaces per 1,000 square feet), conveniently located steps from each building entrance. On-site amenities include a fitness center, outdoor seating, and a picnic area. The property benefits from dedicated property management and new ownership. Its prime location in the West Shore Business District offers easy access to dining, retail, hotels, and services, as well as quick highway access to the PA Turnpike (I-76), Interstates 81 and 83, and Route 15. Harrisburg International Airport is less than 30 minutes away. The surrounding area combines a small-town feel with the convenience of a bustling city, making it an attractive location for businesses and employees alike. This exceptional property presents a unique opportunity for businesses seeking high-quality office space in a desirable and easily accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $52,045,316

  6.5%

  $48,041,828

  7%

  $44,610,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,914,924

  Geo Method

  $15,346,014

• Alternative Use

  Use

  Valuation

  Residential

  $59,571,868

  Hospitality

  $54,567,512

  Educational

  $45,399,528

  Medical

  $46,960,888

  Retail

  $70,621,488

Location Insight

City

Mechanicsburg

County

Cumberland

State

Pennsylvania

Latitude

40.2018

Longitude

-76.959

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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