3350 Paxton StHarrisburg, PA 17111

Property Details for 3350 Paxton St

Year built

1969

Lot size

5.04 AC

Property size (Sq ft)

12,614 SF

Property type

Retail properties

Property subtype

Strip malls

APN

63-024-020

APU

63024020

Description

Scottsdale Plaza, located at 3350 Paxton St, Harrisburg, PA 17111, presents a compelling investment opportunity in a thriving retail corridor. This three-building strip center encompasses a total of 40,654 square feet on a 5.04-acre lot in Dauphin County. Currently, the center houses a diverse range of tenants, including established businesses such as The Melting Pot and Premiere Rentals, demonstrating strong existing occupancy. Seven spaces are currently available, ranging in size from 1,000 to 3,248 square feet, offering flexibility for various retail, office, or medical uses. The property benefits from its high-traffic location along Paxton Street, with convenient access to I-83, ensuring excellent visibility and accessibility. The surrounding area features a mix of complementary retail establishments and dense residential communities, creating a robust customer base. This strategic location, combined with the available space and existing tenant success, makes Scottsdale Plaza an attractive prospect for businesses seeking to establish or expand their presence in the Harrisburg market. The property's size and configuration provide ample opportunity for growth and diversification of tenant mix.

• CAP approach

  CAP return

  Valuation

  6%

  $2,994,316

  6.5%

  $2,763,984

  7%

  $2,566,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,904,028

  Geo Method

  $1,999,738

• Alternative Use

  Use

  Valuation

  Residential

  $2,331,524

  Hospitality

  $2,135,664

  Educational

  $1,776,847

  Medical

  $1,837,955

  Retail

  $2,763,984

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2551

Longitude

-76.8311

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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