Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mechanicsburg Agricultural Land with Riding Rink Title is generated by Realmo AI

    1206 South Market Street, Mechanicsburg, PA 17055

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

    20-acre Mechanicsburg property with home, barn, and indoor riding rink.

    Type:Land
    Property size:
    20 SF
    Lot size:
    20.00 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    119
    Last Refresh:
    Apr 5 at 9:42 pm

    Property Features for 1206 South Market Street

    General Information

    Standard status
    Active
    Size
    20 SF
    Lot size
    20.00 Acres
    Property subtype
    Land

    Spaces For Lease

    at 1206 South Market Street Contact us

    We can help!

    Listing Contact
    Ed Skonecki
    Ed Skonecki

    Listing agent Ed Skonecki License #PA #RS338878

    Listing office Lee & Associates | Central Pennsylvania

    Listing date Jan 26, 2026

    Source Lee-associates

    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

    HighLights

    • 20 Acres with Home, Barn, and Indoor Riding Rink
    • Approved Uses: Potential contractor shop & yard; landscaping and garden service via special exception
    • Great access to PA Route 15 and Pennsylvania highways
    • Two‑story home on property
    • Barn on property
    • Indoor riding rink included

    Overview

    This property features approximately 20 acres of land, including a two-story home, a barn, and an indoor riding rink. The location offers convenient access to Pennsylvania Route 15 and other Pennsylvania highways. Approved uses via special exception include landscaping and garden services, as well as a potential contractor shop and yard. Additional zoning information can be found in the Township of Upper Allen, PA, Cumberton County, Part II/General Legislation/ Chapter 245 Zoning, Article IV Agriculture District (A) 245-4.2 Permitted Uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9962
    Latitude
    40.1985

    Nearby Similar for Lease

    • $500/Mo

      Mechanicsburg Office Suites For Lease

      Professional office suites available in Mechanicsburg's thriving commercial corridor.
      5015 E TRINDLE Road, MECHANICSBURG, PA 17050
      View Details
    • $1,200/Mo

      Mechanicsburg Studio Space For Lease

      Versatile studio space ideal for fitness, dance, and martial arts.
      5015 E TRINDLE Road, MECHANICSBURG, PA 17050
      View Details
    • $20,400 SF/Yr

      Mechanicsburg Office Space For Lease

      Turnkey professional or medical office space in Hampden Township.
      5014 CARLISLE Pike, MECHANICSBURG, PA 17050
      View Details
    • $550/Mo

      Mechanicsburg Retail and Office Spaces

      Renovated retail and office spaces with ample parking available for lease.
      5275 E TRINDLE Road, MECHANICSBURG, PA 17050
      View Details
    • $995/Mo
      36,000 SF

      Carlisle Pike Retail/Office Space

      Highly visible space on Carlisle Pike, suitable for office/retail.
      5515-5521 Carlisle Pike, Mechanicsburg, PA 17050
      View Details
    • $17 SF/Yr
      9,820 SF

      Mechanicsburg Corner Office Suite

      Two-story office building with renovated 1,540 SF corner suite.
      2 Kacey Court, Mechanicsburg, PA 17055
      View Details
    • $12,000/Mo

      Office Space in Mechanicsburg, PA

      Professional office space available for lease in Mechanicsburg, PA.
      CUMBERLAND Parkway, MECHANICSBURG, PA 17055
      View Details
    • $19 SF/Yr
      4,250 SF

      Mechanicsburg Medical Office Suite

      Class A medical office suite in Mechanicsburg's Waterford Building.
      21 Waterford Dr, Mechanicsburg, PA
      View Details
    • $15 SF/Yr
      8,700 SF

      Mechanicsburg Office Space For Rent

      Office space in Mechanicsburg with private offices, reception, and kitchenette.
      5 Kacey Court, Mechanicsburg, PA 17055
      View Details
    • $995/Mo
      800 SF

      Carlisle Pike Retail/Office Space

      Highly visible retail or office spaces on Carlisle Pike.
      5521 Carlisle Pike, Mechanicsburg, PA
      View Details
    • $9 SF/Yr
      79,193 SF

      Mechanicsburg Office/Flex Suites Available

      Adaptable office and flex suites in well-maintained Mechanicsburg business park.
      5095 Ritter Road, Mechanicsburg, PA 17055
      View Details
    • $18 SF/Yr
      8,183 SF

      Renovated Office Suites For Lease

      Newly renovated office suites with ample natural light and parking.
      4900 Ritter Rd, Mechanicsburg, PA
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 20-acre Mechanicsburg property with home, barn, and indoor riding rink.
    Where is this agricultural land / farmland located?
    The property is located at 1206 South Market Street Mechanicsburg, PA.
    What are key features of this property?
    This property features: 20 Acres with Home, Barn, and Indoor Riding Rink; Approved Uses: Potential contractor shop & yard; landscaping and garden service via special exception; Great access to PA Route 15 and Pennsylvania highways
    (717) 562-0901
    We can help!
    Listing Contact
    Ed Skonecki
    Ed Skonecki
    Real Estate License ID: PA #RS338878
    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

    Thank You for Inquiry
    1206 South Market Street, Mechanicsburg, PA 17055
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!