5001 Louise DrMechanicsburg, PA 17055

  • Office properties
  • 66,108 SF
For Lease
$20.95/SF/YR View listing

Property Details for 5001 Louise Dr

Lot size
5.71 AC
Property size (Sq ft)
66,108 SF
Property type
Office properties
Property subtype
Office buildings
APN
13-10-0256-016
APU
13100256016

Description

This Class A, 65,013 square foot office building, situated on 5.71 acres in the West Shore Business District, offers multiple tenancy options. Built in 1992 and extensively renovated in 2019, the property boasts a striking brick and window-wrapped façade. Available suites range from 3,000 to 8,942 square feet, featuring beautiful finishes and floor-to-ceiling windows for abundant natural light. The complex provides excellent on-site amenities, including a fitness center, outdoor seating, a picnic area, and ample parking (4.4 spaces per 1,000 square feet). Its prime location in Mechanicsburg offers easy access to major highways (PA Turnpike (I-76), Interstates 81 and 83, and Route 15), Harrisburg International Airport (under 30 minutes away), and a variety of dining, retail, and hotel options. The property benefits from a strong local workforce and a convenient location within a thriving suburban community, combining a small-town feel with big-city amenities. This makes Rossmoyne Business Center an exceptional office destination for businesses seeking a productive and well-connected environment. The property features dedicated property management and new building ownership.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,104,567
    6.5%
    $13,019,600
    7%
    $12,089,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,752,082
    Geo Method
    $4,158,854
  • Alternative Use

    Use
    Valuation
    Residential
    $16,144,304
    Hospitality
    $14,788,096
    Educational
    $12,303,522
    Medical
    $12,726,659
    Retail
    $19,138,812
5001 Louise Dr, Mechanicsburg, Pennsylvania

Location Insight

City
Mechanicsburg
County
Cumberland
State
Pennsylvania
Latitude
40.2008
Longitude
-76.9605
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
$115,842
$856,800
$4,863,200
$5,720,000
-
$856,800
$4,863,200
$5,720,000

FAQs

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