161 Old Schoolhouse LnMechanicsburg, PA 17055
- Healthcare properties
- 1.13 AC
Property Details for 161 Old Schoolhouse Ln
- Lot size
- 1.13 AC
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 42-26-0243-044
- APU
- 42260243044
Description
This single-story, Class B office building in Mechanicsburg, PA, offers 10,150 square feet of space, with a 3,100-square-foot suite currently available. Built in 2001, the property sits on 1.13 acres and features 9-foot ceilings. The available suite includes 11 private offices, a conference room, bullpen workspace, reception area, and break room. The building is multi-tenant, currently housing a dentist, foot and ankle surgeon, and a general office tenant. Its convenient location near Route 15, Route 581, and the Pennsylvania Turnpike ensures easy access for employees and clients. The property's central location offers proximity to residential areas, schools, shopping, hotels, and restaurants on the west shore of the Susquehanna River. The Cumberland County location (APN 42-26-0243-044) provides a strong base for a variety of businesses. The minimum divisible space is 3,100 square feet, and the maximum contiguous space available is also 3,100 square feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,502,044
- 6.5%
- $9,694,194
- 7%
- $9,001,752
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,027,496
- Geo Method
- $3,096,619
-
Alternative Use
- Use
- Valuation
- Residential
- $12,020,801
- Hospitality
- $11,010,989
- Educational
- $9,161,013
- Medical
- $9,476,075
- Retail
- $14,250,465
Location Insight
- City
- Mechanicsburg
- County
- Cumberland
- State
- Pennsylvania
- Latitude
- 40.1934
- Longitude
- -76.9856
- 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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- Please email our support team at [email protected] and they will add the team member.
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