4401 Linglestown RdHarrisburg, PA 17110

  • Office properties
  • 4,892 SF
For Sale

Property Details for 4401 Linglestown Rd

Year built
1950
Construction
STEEL FRAME
Lot size
0.63 AC
Property size (Sq ft)
4,892 SF
Property type
Office properties
Property subtype
Other office properties
APN
35-011-064
APU
35011064

Description

This exceptional Harrisburg, PA office complex presents a compelling value-add opportunity. Comprising two buildings totaling approximately 154,761 square feet on 9.38 acres, this property offers significant upside potential. 1800 Linglestown Road, a four-story, 52,761 square foot building, has been multi-tenanted since construction in 1989. The adjacent 4401 Deer Path Road building, a four-story structure encompassing 102,000 square feet, was originally built for single-tenant occupancy but offers multi-tenant possibilities. Both buildings boast ample natural light and 800 parking spaces (approximately 5.2 spaces per 1,000 square feet). The property is zoned BOR (Business Office Residential), allowing for diverse uses, including refurbishment for owner-occupancy, office leasing, or even residential conversion given the approximately 6.5 acres zoned BOR and 3.1 acres zoned R1. Strategically located on the Linglestown Road corridor, it provides convenient access to I-81, I-83, and US 322, with nearby amenities including restaurants, shopping, and healthcare facilities. While marketed together, the owner will consider separate sales, with preliminary shared access agreements in place. This unique combination of a multi-tenant building and a larger single-tenant building presents a rare opportunity in a highly desirable business corridor. The buildings were constructed between 1989 and 2001 and are classified as Class B. The property consists of two eight-story buildings and is situated in Dauphin County, PA, 17110. The APN numbers are 62-009-204 and 62-009-246.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $789,976
    6.5%
    $729,209
    7%
    $677,122
  • Comparable approach

    Method
    Valuation
    Relative Method
    $446,924
    Geo Method
    $307,756
  • Alternative Use

    Use
    Valuation
    Residential
    $904,219
    Hospitality
    $828,260
    Educational
    $689,102
    Medical
    $712,802
    Retail
    $1,071,937
4401 Linglestown Rd, Harrisburg, Pennsylvania

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.3362
Longitude
-76.8199
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
$10,114
$117,000
$258,700
$375,700
-
$117,000
$258,700
$375,700

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