Building Details

Year Built 1920

Tenancy Multi

Listing Agency: ADP Realty & Property Management LLC Show Phone

Listed By: Aaron Piscioneri · License #RM425757 Show Phone

Source: Cummingsrealtors

Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 2:09PM

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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 ADP Realty & Property Management LLC

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Investment Insights

Based on property information with market context.

This office unit is part of a building constructed in 1920. The property is located in Enola, Pennsylvania, a short drive from Harrisburg, with access to major roadways. Lease terms include utilities, while telephone and internet service are the tenant’s responsibility.

Key Highlights

• Building constructed in 1920
• Utilities included in the lease, excluding telephone and internet service
• Located minutes from Harrisburg with access to major roadways

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$3,366

Suggested Prices Based on Cap Rates

Cap Rate 5%

$67,320 $67.3K

Cap Rate 7%

$48,086 $48.1K

Cap Rate 9%

$37,400 $37.4K

What to ask about pricing

Market Conditions

NOI Build-Up for 265 SF

Gross rent

$4.8K $18.00/SF

− Vacancy

−$281 −$1.06/SF

EGI

$4.5K $16.94/SF

− OpEx

−$1.1K −$4.23/SF

NOI

$3.4K $12.70/SF

Area

Cumberland County, PA

Vacancy

5.90%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$67,320

Cap Rate 7%

$48,086

Cap Rate 9%

$37,400

Alternative Uses

Best Use

Office B

$48.1K

$42.1K – $56.1K (±1% cap)

NOI $3,366 @ 7.0% cap · market cap 483.62%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$61.6K

$53.9K – $71.8K (±1% cap)

NOI $4,309 @ 7.0% cap · market cap 619.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

232

Businesses Nearby

Explore this area Business Placement

Demographics for 17025, PA

17,664

Population

7,661

Households

2.3

Avg Household Size

42

Median Age

37%

College-Educated

94%

High-School Grad

15.0 sq mi

ZIP Area

1,178

Density / Sq Mi

$89,750

Median Household Income

$53,654

Median Earnings

$1,155

Median Rent

$242,000

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Frequently Asked Questions

What type of property is this?

Office unit - Lease terms include utilities, with telephone and internet service excluded.

Where is this office unit located?

The property is located at 125 N ENOLA DRIVE 204 B Enola, PA.

What are key features of this property?

This property features: Building constructed in 1920; Utilities included in the lease, excluding telephone and internet service; Located minutes from Harrisburg with access to major roadways