Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001-1013 Market St Lemoyne, PA 17043

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $17 SF/Yr ($5,766 /Mo)

    Vanilla shell retail space available in Lemoyne's commercial corridor.

    Property size:
    3,954 SF
    Lot size:
    0.72 Acres

    Property Features for 1001-1013 Market St

    General Information

    Size
    3,954 SF
    Lot size
    0.72 Acres

    We can help!

    Listing Contact
    Aaron Albright
    Aaron Albright
    Source: Moodyscre

    Listing Agent: Aaron Albright

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

    Learn more

    Overview

    Retail Space in Lemoyne Plaza

    Available for lease is a vanilla shell, end-cap retail space located in Hetley Plaza, situated in Lemoyne's commercial corridor. The property offers between 2,137 and 6,091 square feet of retail space with 166 feet of frontage along Market Street. The location provides close proximity to various national and local retailers, including Verizon, Rite Aid, Karns Food, and Dollar General. Suite 1011 includes an additional 1,000 square foot private basement suitable for unmanned storage. The property is ready for buildout and features large pylon signage. Unit 1011 has access to a private 1,000 square foot basement for additional storage. The property is located near US Route 15 and Interstate 83, and is minutes from downtown Harrisburg, PA. Suites of 2,137 square feet and 3,954 square feet are available for lease, with up to 6,091 square feet of contiguous space possible.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemoyne
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9049169
    Latitude
    40.2431822

    Nearby Similar for Lease

    • $4,000 /Mo
      50,094 SF

      Wormleysburg Commercial Space For Lease

      Shell building in outstanding location with Susquehanna River views.
      902 N Front St, Washington Heights, PA 17043
      View Details
    • $800 /Mo
      8,712 SF

      Single Office Suite For Lease

      Office suite for lease with utilities and receptionist included.
      510 N Front St, Washington Heights, PA 17043
      View Details
    • Contact for pricing
      16,000 SF

      Manufacturing/Warehouse Space with Storage

      Manufacturing/warehouse space with large fenced storage, heavy uses permitted.
      100 Market St, Lemoyne, PA 17043
      View Details
    • $7 SF/Yr
      8,000 SF

      Lemoyne Flex Warehouse Space

      Low-cost industrial space with dock and drive-in loading.
      21 S 3Rd St, Lemoyne, PA 17043
      View Details
    • $19 SF/Yr
      19,241 SF

      Lemoyne Retail/Office/Medical Suites Available

      Two suites available in Lemoyne, ideal for office, retail, or medical.
      717 Market St, Lemoyne, PA 17043
      View Details
    • Contact for pricing
      218,859 SF

      Lemoyne Retail Center Investment

      High-traffic Lemoyne retail space available
      1200 Market St, Lemoyne, PA 17043
      View Details
    • $14 SF/Yr
      5,500 SF

      Renovated Office Suite on Mumma

      5,500 SF office suite with private entrance and parking.
      1019 Mumma Rd, Lemoyne, PA 17043
      View Details
    • $21 SF/Yr
      19,241 SF

      Lemoyne Medical Office Space

      Prime Lemoyne location, two suites available.
      717 Market St, Lemoyne, PA 17043
      View Details
    • $17 SF/Yr
      14,480 SF

      Lemoyne Retail Space: Market Street

      High-traffic retail space, Lemoyne, PA.
      1011 Market St, Lemoyne, PA 17043
      View Details
    • $14 SF/Yr
      4,800 SF

      Turn-Key Office Space Available

      Office space for lease in Lemoyne, PA with ample parking.
      850 State St, Lemoyne, PA 17043
      View Details
    • Contact for pricing
      68,795 SF

      Lemoyne, PA Class A Office Space

      Modern Medical/Office Suites Available
      3 Walnut St, Lemoyne, PA 17043
      View Details
    • $17 SF/Yr
      2,700 SF

      Camp Hill Corporate Center Office

      Office suites available in Camp Hill Corporate Center.
      1035-1043 Mumma Rd, Lemoyne, PA 17043
      View Details

    FAQs

    What type of property is this?
    Retail space - Vanilla shell retail space available in Lemoyne's commercial corridor.
    Where is this retail space located?
    The property is located at 1001-1013 Market St Lemoyne, PA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location: Boasting 166 feet of frontage on heavily trafficked Market Street.; - Versatile space: 2,137 to 6,091 SF of retail space available.; - End-cap unit: Vanilla shell, ready for immediate buildout.
    (717) 602-9477
    Request Owner's contact information
    1001-1013 Market St Lemoyne, PA 17043
    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.
    1001-1013 Market St
    Lemoyne, PA 17043
    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
    1001-1013 Market St Lemoyne, PA 17043
    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

    We can help!
    Listing Contact
    Aaron Albright
    Aaron Albright
    (717) 602-9477
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.