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    Property profile & analytics
    OFF-MARKET Estimated value $4,975,000
    Office buildings

    5010 Ritter Rd, Mechanicsburg, PA 17055-4828

    54,480 SF 7.15 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US73-2643244
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot office suite is ideally situated within a well-established business park at 5010 Ritter Road, Suite 111-112. The single-tenant space offers convenient access and ample parking. The building itself boasts an attractive and meticulously maintained exterior, complemented by generous landscaping. Built in 1987, this one-story building provides a total of 23,680 square feet and features 133 parking spaces. The property's location is a significant advantage, offering easy access and high visibility due to its proximity to the convergence of the Pennsylvania Turnpike and Pennsylvania Route 15. This makes it an excellent choice for businesses seeking a convenient and easily accessible location. The suite is categorized as a Traditional Office, Executive Office, and Creative Office, offering versatility for a range of business needs. The property's single-tenant occupancy ensures privacy and control over the space. This is a rare opportunity to secure a well-maintained, conveniently located office suite in a thriving business park. The abundant parking ensures ample space for employees and clients. The well-landscaped grounds enhance the overall aesthetic appeal and create a pleasant working environment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 54,480 SF
    Lot 7.15 ac (311,454 SF)
    APN 13-10-0256-002A
    UPID US73-2643244
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.74M
    Blend (final) Blend
    $4.98M
    Owner & transaction history
    High Properties · 4 yrs held
    High Properties
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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