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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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