5155 Simpson Ferry RdMechanicsburg, PA 17050

  • Retail properties
  • 832 SF
For Sale
$600,000 View listing

Property Details for 5155 Simpson Ferry Rd

Lot size
0.39 AC
Property size (Sq ft)
832 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
10-22-0525-084A
APU
10220525084A

Description

This exceptional 1,100 square foot restaurant property, located at 5155 Simpson Ferry Rd in Mechanicsburg, Pennsylvania, presents a unique opportunity for a discerning buyer or lessee. Situated on a 0.39-acre lot in the CPA submarket cluster of Cumberland County, this single-story building boasts a prominent corner location with high visibility. The property features ample parking with 15 spaces, making it convenient for customers. Built in 2000 and renovated in the same year, the building is well-maintained and ready for immediate occupancy. The zoning is Commercial Limited, offering flexibility for various uses. The property has a total of 1,100 square feet, currently vacant, and is ideal for a restaurant or similar commercial venture. Taxes are $2.36 per square foot. This location has a rich history as an established cheesesteak and sub shop, operating successfully for over 20 years, providing a strong foundation for future success. The property's address is 5155 Simpson Ferry Rd, Mechanicsburg, PA 17050. The APN is 10-22-0525-084A. This is a rare opportunity to acquire a well-established commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $260,943
    6.5%
    $240,871
    7%
    $223,666
  • Comparable approach

    Method
    Valuation
    Relative Method
    $214,145
    Geo Method
    $131,900
  • Alternative Use

    Use
    Valuation
    Residential
    $203,184
    Hospitality
    $186,115
    Educational
    $154,846
    Medical
    $160,171
    Retail
    $240,871
5155 Simpson Ferry Rd, Mechanicsburg, Pennsylvania

Location Insight

City
Mechanicsburg
County
Cumberland
State
Pennsylvania
Latitude
40.2188
Longitude
-76.9781
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
$3,007
$117,000
$95,000
$212,000
-
$117,000
$95,000
$212,000

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