7709 Linglestown RdHarrisburg, PA 17112

Property Details for 7709 Linglestown Rd

Year built

1998

Construction

STEEL FRAME

Lot size

2.26 AC

Property size (Sq ft)

9,000 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

68-024-210

APU

68024210

Description

This exceptional investment opportunity presents a 22,274-square-foot warehouse situated on a 5.29-acre lot in Harrisburg, Pennsylvania (Dauphin County, zip code 17112). The property, located at 7709 Linglestown Road, is zoned Commercial Highway and boasts a single-tenant occupancy. Built in 1973, this one-story building features six dock-high doors and twelve grade-level doors. Ample parking is available with 30 spaces. The property has a current asking price of $2,495,000, translating to $112 per square foot. The existing tenant has occupied the premises since 1982, providing a long-standing and stable income stream. The property's convenient location offers easy access to I-81 via Exit 77. The electrical service includes 225 amp, 2-phase (200/400 volt) and 3-phase (200/240 volt) power. The substantial remaining acreage presents significant potential for future development or expansion. The property's Assessed Parcel Number (APN) is 68-024-162. This offering is ideal for investors seeking a secure, single-tenant investment with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,136,424

  6.5%

  $1,972,083

  7%

  $1,831,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,072,004

  Geo Method

  $1,426,799

• Alternative Use

  Use

  Valuation

  Residential

  $1,663,526

  Hospitality

  $1,523,781

  Educational

  $1,267,768

  Medical

  $1,311,368

  Retail

  $1,972,083

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.3535

Longitude

-76.7294

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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