169 Texaco RdMechanicsburg, PA 17050

Property Details for 169 Texaco Rd

Lot size

0.99 AC

Property size (Sq ft)

2,400 SF

Property type

Auto shops

APN

38-21-0295-035A

APU

38210295035A

Description

This exceptional Mechanicsburg, Pennsylvania property offers a unique investment opportunity. Priced at $650,000, this industrial property encompasses two buildings situated on a nearly one-acre lot in Cumberland County (APN: 38-21-0295-035A). The main warehouse building boasts 2,609 square feet of space, featuring three oversized drive-in loading docks, a 16-foot ceiling height in the main area, and a dedicated office space with restroom facilities. A secondary garage building provides additional functionality, including a first-floor workspace with 12-foot ceilings and two 10-foot garage doors. This building also includes a finished loft area accessible via external stairs. Both buildings benefit from ample shared parking on a large, level gravel lot. The property is zoned Residential (R-1) and enjoys excellent visibility due to its prime corner location on Texaco Road and State Roads, offering easy access to Route 11 and the Cumberland Valley School District. This versatile property is ideal for businesses needing a blend of warehouse and office space. The property's location provides convenient access to major transportation routes, enhancing its appeal to a wide range of potential users. The asking price per square foot is $154.43.

• CAP approach

  CAP return

  Valuation

  6%

  $752,722

  6.5%

  $694,820

  7%

  $645,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $617,725

  Geo Method

  $380,480

• Alternative Use

  Use

  Valuation

  Residential

  $586,106

  Hospitality

  $536,870

  Educational

  $446,670

  Medical

  $462,032

  Retail

  $694,820

Location Insight

City

Mechanicsburg

County

Cumberland

State

Pennsylvania

Latitude

40.2198

Longitude

-77.0508

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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