Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    431 Railroad Ave Camp Hill, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Available industrial space with convenient access to major routes.

    Type:INDUSTRIAL
    Property size:
    54,752 SF
    Lot size:
    14.87 Acres
    Added:
    Feb 21, 2024
    Days on Market:
    798
    Last Refresh:
    Apr 5 at 9:04 pm

    Property Features for 431 Railroad Ave

    General Information

    Standard status
    Active
    Size
    54,752 SF
    Lot size
    14.87 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 431 Railroad Ave Contact us

    We can help!

    Listing Contact
    Ed Skonecki
    Ed Skonecki

    Listing agent Ed Skonecki License ##RS338878

    Listing office Lee & Associates | Central Pennsylvania

    Listing date Feb 21, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Central Pennsylvania

    Overview

    Industrial Space in Camp Hill

    This industrial property offers 54,752 square feet of available space within a 328,303 square foot building. The space includes approximately 2,100 square feet of office area. It features 5 dock doors along with 5 knock-out panels and a 21-foot clear height. The property is zoned Industrial General and is equipped with an ESFR K-17 sprinkler system. Located in an infill location, the property provides easy access to Routes 11, 15, and 581, as well as I-81, I-83, and the Pennsylvania Turnpike (I-76).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9608
    Latitude
    40.2278

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      PA, Camp Hill - Simpson Ferry Rd

      3425 Simpson Ferry Rd, Camp Hill, PA 17011
      View Details
    • $14 SF/Yr

      Camp Hill Commercial Space Available

      Office, retail, and medical spaces for lease in Camp Hill.
      405 Saint Johns Church Rd, Camp Hill, PA
      View Details
    • $7 SF/Yr

      Flex Warehouse Space Available

      11,690 SF flex warehouse space for lease.
      3605-B Hartzdale Drive, Camp Hill, PA 17011
      View Details
    • $2,300/Mo

      Retail Space in Camp Hill

      Retail space in a well-traveled Camp Hill shopping center.
      1104 Carlisle Rd, Camp Hill, PA
      View Details
    • $13 SF/Yr

      Trindle Road Office/Medical Space

      Second-floor office/medical space with excellent visibility and convenient access.
      3916 Trindle Road, Camp Hill, PA 17011
      View Details
    • $18 SF/Yr

      Class A Office Suite Available

      Highly visible Class A office space for lease in Camp Hill.
      3500 Market Street, Camp Hill, PA 17011
      View Details
    • $20 SF/Yr

      Renovated Office Space in Camp Hill

      Newly renovated office building near Camp Hill and Harrisburg.
      101 Erford Rd, Camp Hill, PA
      View Details
    • $17 SF/Yr

      Camp Hill Office/Medical Suites

      Single-story building with suites suitable for office or medical tenants.
      207 House Ave, Camp Hill, PA 17011
      View Details
    • $12 SF/Yr

      West Shore Office Space Available

      Aesthetically pleasing office building in the heart of West Shore.
      3507 Market Street, Camp Hill, PA 17011
      View Details
    • $1,600/Mo

      Camp Hill Office Building For Lease

      Single-tenant office building with parking in Camp Hill, PA.
      23 W Main St, Camp Hill, PA
      View Details
    • $12 SF/Yr

      Office Suite with Natural Light

      Second-floor office suite in Lower Allen Township for lease.
      704 Lisburn Road, Camp Hill, PA 17011
      View Details
    • $171,514 SF/Yr

      Class A Office Sublease

      Class A office space available for sublease in Camp Hill.
      425 North 21st Street, Camp Hill, PA, 17011
      View Details

    FAQs

    What type of property is this?
    Warehouse - Available industrial space with convenient access to major routes.
    Where is this warehouse located?
    The property is located at 431 Railroad Ave Camp Hill, PA.
    What are key features of this property?
    This property features: Easy Access to Routes 11, 15 and 581, I‑81, I‑83 and the PA Turnpike (I‑76); **54,752 +/- SF Available** in a 328,303 SF +/- Building; Zoned Industrial General
    (717) 695-3840 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ed Skonecki
    Ed Skonecki
    Real Estate License ID: #RS338878
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!