501 Corporate CirHarrisburg, PA 17110

Property Details for 501 Corporate Cir

Year built

1999

Construction

FRAME

Lot size

2.00 AC

Property size (Sq ft)

30,048 SF

Property type

Office properties

Property subtype

Other office properties

APN

62-023-066

APU

62023066

Description

This exceptional Class A office building, located at 501 Corporate Circle in Harrisburg, Pennsylvania, offers a prime location and versatile space options. The property boasts 30,000 total square feet, with 15,000 square feet currently available for lease. Suites range from a minimum of 5,000 contiguous square feet to a maximum of 10,000 contiguous square feet, making it ideal for businesses of various sizes. Built in 1999 and extensively renovated in 2018, the three-story building features modern amenities including elevators and ample parking with 125 spaces. Situated on a two-acre lot in Dauphin County, this property provides convenient access to Interstate 81, placing it within easy reach of Hershey, Downtown Harrisburg, and the West Shore. The location also offers proximity to Harrisburg International Airport (HIA), numerous lodging and dining establishments, and opportunities for building and monument signage. The property is categorized as Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, offering flexibility to suit diverse business needs. This is a rare opportunity to secure high-quality office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,852,248

  6.5%

  $4,478,999

  7%

  $4,159,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,745,131

  Geo Method

  $1,890,320

• Alternative Use

  Use

  Valuation

  Residential

  $5,553,958

  Hospitality

  $5,087,396

  Educational

  $4,232,654

  Medical

  $4,378,222

  Retail

  $6,584,128

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.3071

Longitude

-76.8479

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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