1000 Nationwide DrHarrisburg, PA 17110

Property Details for 1000 Nationwide Dr

Year built

2000

Lot size

2.11 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

62-023-027

APU

62023027

Description

This exceptional 165,000-square-foot office building presents a rare investment opportunity in Harrisburg, Pennsylvania. Located at 1000 Nationwide Drive, this prominent three-story building, constructed in 1976 and renovated in 2009, sits on a substantial 17.57-acre lot. Its prime location offers unparalleled visibility, boasting 1,575 feet of frontage on I-81, with easy access to the I-81/Progress Avenue interchange. The property benefits from its proximity to major roadways, including I-83 and Route 22, both within a five-minute drive. This strategic location places the building near numerous amenities, including the Shoppes at Susquehanna Marketplace, Colonial Park Mall, and a concentration of restaurants, banks, healthcare facilities, and hotels. The building itself features a large cafeteria with a full kitchen, a fitness center, and ample conference and training facilities. Above-standard parking (8 spaces per 1,000 square feet) provides flexibility for various uses. The existing furniture, fixtures, and equipment (FF&E) offer a turnkey opportunity for immediate occupancy. The property's high visibility and convenient location make it ideal for a variety of users, including corporate headquarters, medical offices, and traditional office spaces. The property's Assessed Parcel Number (APN) is 62-023-027. This vacant building offers significant potential for owner-users seeking a substantial and well-situated office space.

• CAP approach

  CAP return

  Valuation

  6%

  $21,818,106

  6.5%

  $20,139,790

  7%

  $18,701,234

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,160,222

  Geo Method

  $14,571,103

• Alternative Use

  Use

  Valuation

  Residential

  $16,988,666

  Hospitality

  $15,561,527

  Educational

  $12,947,008

  Medical

  $13,392,275

  Retail

  $20,139,790

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.3062

Longitude

-76.8477

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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