4-Unit Office
1300-1302 Proline Place, Gettysburg, PA 17325
For Sale
New
$2,250,000
Single-story office property with substantial on-site parking and roof and HVAC work completed in 2018.
Property Size13,660 SF
Price / SF$164.71
Days on Market1
Property Features for 1300-1302 Proline Place
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Asking Price
Utilities to Site
Office Units
Property Use
Building Details
Year Renovated
Buildings
Stories
Tenancy
Building Size
Construction
Owner Occupied
Listing Agency:
Bennett Williams Commercial
Listed By:
Ryan Myers · License PA RS217452L
(717) 683-0989
Source:
Bennettwilliams
Added: Nov 12
Last Checked: Nov 12 at 2:24PM
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 Bennett Williams Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,660-square-foot office property contains four units in a single-story building of masonry and wood construction. Gas FHA and CAC serve the building, which is connected to public water and sewer. The roof and most HVAC units were replaced in 2018. Approximately 85 parking spaces are available on site.
Ownership occupies one unit and may consider a leaseback; alternatively, the owner is willing to relocate. The building’s four-unit configuration and existing utility and mechanical systems are in place for office use.
Ownership occupies one unit and may consider a leaseback; alternatively, the owner is willing to relocate. The building’s four-unit configuration and existing utility and mechanical systems are in place for office use.
Key Highlights
- Four office units within 13,660 square feet
- Approximately 85 on‑site parking spaces
- Single‑story masonry and wood construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,528
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,950,560
$3.0M
Cap Rate 7%
$2,107,543
$2.1M
Cap Rate 9%
$1,639,200
$1.6M
Market Conditions
NOI Build-Up for 13,660 SF
Gross rent
$245.9K $18.00/SF
− Vacancy
−$49.2K −$3.60/SF
EGI
$196.7K $14.40/SF
− OpEx
−$49.2K −$3.60/SF
NOI
$147.5K $10.80/SF
Area
Adams County, PA
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,950,560
Cap Rate 7%
$2,107,543
Cap Rate 9%
$1,639,200
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,528 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.52M
$2.20M – $2.94M
NOI $176,112 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 17325, PA
27,879
Population
12,021
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
221
Density / Sq Mi
$79,351
Median Household Income
$32,633
Median Earnings
$956
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office property with substantial on-site parking and roof and HVAC work completed in 2018.
Where is this office building located?
The property is located at 1300-1302 Proline Place Gettysburg, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Four office units within 13,660 square feet; Approximately 85 on‑site parking spaces; Single‑story masonry and wood construction
