4401 Linglestown RdHarrisburg, PA 17110
- Office properties
- 4,892 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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