441 Friendship RdHarrisburg, PA 17111

  • Office properties
  • 49,800 SF
For Lease
$14.50/SF/YR View listing

Property Details for 441 Friendship Rd

Year built
1990
Lot size
2.24 AC
Property size (Sq ft)
49,800 SF
Property type
Office properties
Property subtype
Other office properties
APN
63-024-056
APU
63024056

Description

This three-story, 54,000 square foot Class B office building, located at 441 Friendship Rd, Harrisburg, PA 17111, presents a unique opportunity. Built in 1990 and renovated in 2016, the property offers multiple suites for lease, ranging from 6,000 to 12,854 contiguous square feet. A total of 18,854 square feet is currently vacant. The building sits on a 2.24-acre lot (APN 63-024-056) in Dauphin County's Swartara Township, zoned for commercial use. Amenities include 192 parking spaces and elevators. Its strategic location adjacent to the Harrisburg Mall Development and a future I-83 interchange provides excellent accessibility and visibility. The property is suitable for various uses, including traditional and executive office spaces. This prime location offers easy access to major transportation routes and numerous amenities. The building's flexible layout makes it ideal for businesses seeking adaptable workspace in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,041,866
    6.5%
    $7,423,261
    7%
    $6,893,028
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,549,638
    Geo Method
    $3,132,918
  • Alternative Use

    Use
    Valuation
    Residential
    $9,204,843
    Hospitality
    $8,431,587
    Educational
    $7,014,982
    Medical
    $7,256,238
    Retail
    $10,912,193
441 Friendship Rd, Harrisburg, Pennsylvania

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.2516
Longitude
-76.8266
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
2023
$77,825
$246,400
$2,500,000
$2,746,400
-
$246,400
$2,500,000
$2,746,400

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