Brick Office
New
For Sale
$795,000
12104 BUCHANAN TRL E, Waynesboro, PA 17268
Well-maintained office property with landscaped grounds, durable finishes, and integrated fire and safety detection systems.
Property Size2,731 SF
Price / SF$291.10
Days on Market4
Property Features for 12104 BUCHANAN TRL E
General Information
Standard status
Active
Size
2,731 SF
Property subtype
Commercial
Building Details
Year Built
2008
Construction
brick
Listing Agency:
Samson Properties
(717) 597-0005
Listed By:
Dawn N Crilley Shank · License #AB067300
(717) 977-8103
Source:
Cummingsrealtors
Added: Sep 18
Changed: Sep 20
Last Checked: Sep 21 at 6:57AM
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 Samson Properties
Investment Insights
Based on property information with market context.
Constructed in 2008, this 2,731-square-foot office building occupies a 1.21-acre parcel at 12104 Buchanan Trl E in Waynesboro, Pennsylvania. The exterior features brick construction, while the interior includes ceramic tile and carpeted areas. The level site is complemented by mature trees and established landscaping, creating a professional setting for business operations.
Safety features include carbon monoxide detectors, smoke detectors, and a fire detection system. The property is designed for year-round access and is described as being in excellent condition. Its combination of office improvements, finished interiors, landscaped grounds, and established construction provides a practical commercial setting for an owner-user or occupant.
Safety features include carbon monoxide detectors, smoke detectors, and a fire detection system. The property is designed for year-round access and is described as being in excellent condition. Its combination of office improvements, finished interiors, landscaped grounds, and established construction provides a practical commercial setting for an owner-user or occupant.
Key Highlights
- 2,731‑square‑foot office building constructed in 2008
- 1.21‑acre level parcel with mature trees and landscaping
- Brick exterior with ceramic tile and carpeted interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,160
$673.2K
Cap Rate 7%
$480,829
$480.8K
Cap Rate 9%
$373,978
$374.0K
Market Conditions
NOI Build-Up for 2,731 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.7K $20.04/SF
− Vacancy
−$9.9K −$3.61/SF
EGI
$44.9K $16.43/SF
− OpEx
−$11.2K −$4.11/SF
NOI
$33.7K $12.32/SF
Area
Franklin County, PA
Vacancy
18.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,160
Cap Rate 7%
$480,829
Cap Rate 9%
$373,978
Alternative Uses
Best Use
Office B
$480.8K
$420.7K – $561.0K
NOI $33,658 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$662.2K
$579.4K – $772.6K
NOI $46,353 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 17268, PA
29,587
Population
12,693
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
77.8 sq mi
ZIP Area
380
Density / Sq Mi
$69,715
Median Household Income
$44,106
Median Earnings
$1,081
Median Rent
$225,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office property with landscaped grounds, durable finishes, and integrated fire and safety detection systems.
Where is this office building located?
The property is located at 12104 BUCHANAN TRL E Waynesboro, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 2,731‑square‑foot office building constructed in 2008; 1.21‑acre level parcel with mature trees and landscaping; Brick exterior with ceramic tile and carpeted interior finishes
