4401 Linglestown RdHarrisburg, PA 17110

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

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.

• 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

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