3943 Tecport DrHarrisburg, PA 17111

  • Hotels
  • 52,465 SF

Property Details for 3943 Tecport Dr

Year built
2007
Construction
FRAME
Lot size
7.22 AC
Property size (Sq ft)
52,465 SF
Property type
Hotels
Property subtype
Motels
APN
63-027-295
APU
63027295

Description

This exceptional 5,000-square-foot retail pad site presents a prime opportunity for businesses seeking high visibility and accessibility in the thriving Harrisburg market. Located at 3943 Tecport Drive, this single-tenant property is an outparcel of the Hilton Garden Inn, benefiting from the hotel's established presence and customer base. The site's strategic location at the intersection of Interstates 83 (56,620 vehicles per day) and 283 (79,422 vehicles per day) ensures exceptional exposure to a large volume of daily traffic. This high-traffic location offers unparalleled convenience and visibility, placing your business in close proximity to major roadways and a robust retail environment. Nearby establishments include the Harrisburg Mall, Bass Pro Shops, Target, JCPenney, Petco, Chick-fil-A, and Starbucks, creating a synergistic retail ecosystem. The property is ideally suited for a variety of uses, including sit-down restaurants, quick-service restaurants, retail stores, medical offices, or other businesses seeking to establish a strong presence in this dynamic market. The entire 5,000 square feet is currently vacant, providing a blank canvas for your business vision. This is a rare opportunity to secure a highly visible and accessible location in a rapidly growing area of Dauphin County. Don't miss this chance to capitalize on the significant potential of this exceptional retail pad site.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,623,028
    6.5%
    $8,882,795
    7%
    $8,248,310
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,263,802
    Geo Method
    $7,756,347
  • Alternative Use

    Use
    Valuation
    Residential
    $9,697,432
    Hospitality
    $8,882,795
    Educational
    $7,390,382
    Medical
    $7,644,548
    Retail
    $11,496,149

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.2511
Longitude
-76.8186
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$121,028
$541,200
$3,729,800
$4,271,000
-
$541,200
$3,729,800
$4,271,000

FAQs

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