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

    355 N 21St St Camp Hill, PA 17011

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,200,000

    Former cancer center with full medical buildout and exam rooms.

    Property size:
    3,980 SF
    Lot size:
    1.62 Acres

    Property Features for 355 N 21St St

    General Information

    Size
    3,980 SF
    Lot size
    1.62 Acres

    We can help!

    Listing Contact
    Bogumila Mangam
    Bogumila Mangam
    Source: Moodyscre

    Listing Agent: Bogumila Mangam

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

    Learn more

    Property Insight Report

    Overview

    Medical Office Space Available

    This 3,980 square foot space, formerly a cancer center for Penn State Health, is available for rent. The suite features a full medical buildout, including private bathrooms and multiple exam rooms equipped with cabinets and sinks. The property is suitable for use by any professional provider.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MedScribe EMR Solutions, ... Software Company Safe Harbor Christian ... Counselor Janiece Andrews MD Psychiatrist Prescriptions for Enlightening Paths Medical Clinic KellyAnne Clinical Massage Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9221156
    Latitude
    40.2488215

    Nearby Similar for Lease

    • $1,200 /Mo
      6,970 SF

      Camp Hill Office Space Available

      Office spaces in Camp Hill with high visibility and accessibility.
      2010 Market St, Camp Hill, PA 17011
      View Details
    • $16 SF/Yr
      2,575 SF

      Camp Hill Commercial Space Available

      Office, retail, and medical spaces for lease in Camp Hill.
      405 Saint Johns Church Rd, Camp Hill, PA 17011
      View Details
    • $20 SF/Yr
      9,000 SF

      Renovated Office Space in Camp Hill

      Newly renovated office building near Camp Hill and Harrisburg.
      101 Erford Rd, Camp Hill, PA 17011
      View Details
    • $1,500 /Mo
      1,800 SF

      Turn-Key Office Building For Rent

      Recently renovated office building in Camp Hill, PA for rent.
      3623 Gettysburg Rd, Camp Hill, PA 17011
      View Details
    • $95 SF/Yr
      11,970 SF

      Camp Hill Flex Warehouse Space

      11,970 SF flex warehouse space in Camp Hill, PA.
      3709 Hartzdale Dr, Camp Hill, PA 17011
      View Details
    • $3,600 /Mo
      2,800 SF

      Gettysburg Road Professional Office Suite

      Renovated 2,800 SF office suite on Gettysburg Road, Camp Hill.
      2415 Gettysburg Rd, Camp Hill, PA 17011
      View Details
    • $6 SF/Yr
      18,000 SF

      Camp Hill Industrial Warehouse Space

      18,000 SF warehouse with excellent access and visibility.
      801 Spangler Rd, Camp Hill, PA 17011
      View Details
    • $5,198 /Mo
      1,400 SF

      Retail Space in Camp Hill

      Retail space in a well-traveled Camp Hill shopping center.
      1104 Carlisle Rd, Camp Hill, PA 17011
      View Details
    • $15 SF/Yr
      3,500 SF

      Camp Hill Retail Space Available

      Retail suite in Camp Hill with high foot traffic.
      3730-3730 Market St, Camp Hill, PA 17011
      View Details
    • $1,100 /Mo
      20,000 SF

      Camp Hill Office Space For Rent

      Prime 600 SF office space in Camp Hill, PA.
      3920 Market St, Camp Hill, PA 17011
      View Details
    • $1,195,000
      11,664 SF

      Camp Hill Office/Flex Space

      Office and warehouse space with flexible zoning and ample parking.
      1600 Hummel Ave, Camp Hill, PA 17011
      View Details
    • $2,000 /Mo
      1,344 SF

      Camp Hill Office Building For Lease

      Single-tenant office building with parking in Camp Hill, PA.
      23 W Main St, Camp Hill, PA 17011
      View Details

    FAQs

    What type of property is this?
    Medical office - Former cancer center with full medical buildout and exam rooms.
    Where is this medical office located?
    The property is located at 355 N 21St St Camp Hill, PA.
    What are key features of this property?
    This property features: - Full medical buildout already in place; - Multiple exam rooms with cabinets and sinks; - Private bathrooms within the suite
    (717) 731-1990
    Request Owner's contact information
    355 N 21St St Camp Hill, PA 17011
    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.
    355 N 21St St
    Camp Hill, PA 17011
    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
    355 N 21St St Camp Hill, PA 17011
    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
    Bogumila Mangam
    Bogumila Mangam
    (717) 731-1990
    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.