4801 Derry StHarrisburg, PA 17111

Property Details for 4801 Derry St

Year built

1986

Lot size

0.55 AC

Property size (Sq ft)

9,460 SF

Property type

Retail properties

Property subtype

Strip malls

APN

63-014-031

APU

63014031

Description

This exceptional 1,000 square foot executive office suite is available for lease on the second floor of a well-maintained, two-story commercial building at 4801 Derry Street in Swatara, Pennsylvania (17111). The building, constructed in 1986 and renovated in 2019, boasts a total of 9,460 square feet and is situated on a 0.55-acre lot. The property is zoned Commercial Limited (APN: 64-014-031) and benefits from its location on a heavily trafficked street, surrounded by a vibrant mix of retailers, restaurants, and financial institutions. The building offers ample parking in both the front and rear. This Class B property features a multi-tenant occupancy and provides excellent visibility within a thriving shopping center. The first floor houses various retail businesses, while the second floor offers a mix of office spaces. This specific suite offers a prime opportunity for businesses seeking a well-located and accessible office space in a bustling commercial area of Dauphin County. The suite is immediately available.

• CAP approach

  CAP return

  Valuation

  6%

  $2,245,618

  6.5%

  $2,072,878

  7%

  $1,924,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,177,906

  Geo Method

  $1,499,724

• Alternative Use

  Use

  Valuation

  Residential

  $1,748,551

  Hospitality

  $1,601,663

  Educational

  $1,332,565

  Medical

  $1,378,394

  Retail

  $2,072,878

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2582

Longitude

-76.8036

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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