Flex Industrial Building with
1595 S Mount Joy St. Elizabethtown, PA 17022
1595 S Mount Joy St., Elizabethtown, PA, 17022
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For Sale
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Industrial and office space on 5.38 acres with air conditioning, sprinklers, and three dock doors.
Property Size34,000 SF
Price / SF$57.35
Days on Market84
Property Features for 1595 S Mount Joy St.
General Information
- Standard status
- Active
- Size
- 34,000 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1970
Listing agency
Davison Associates
Listed by
Brian Davison, CCIM SIOR · License #PA RB069617
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 10:10PM Checked: Jul 21 at 10:46AM
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 Davison Associates
Investment Insights
Based on property information with market context.
This 34,000 +/- square foot industrial property on 5.38 acres includes 21,500 +/- square feet of office space and 12,500 +/- square feet of warehouse area. Originally constructed in 1970, the building offers approximately 14'+/- ceiling heights and is designed for both workspace and operational needs. The facility is fully air conditioned and protected by a sprinkler system, with forced air natural gas heating. Loading is supported by three truck dock doors.
Approximately 125 parking spaces are available, and the property is located about 1.8 miles from Route 283, providing convenient regional access. The site sits in the Light Industrial zoning district and is described as suitable for manufacturing, warehouse, distribution, office, or flex industrial users.
Power-intensive uses are supported by three-phase, 480-volt electrical service and a backup generator. Public water and public sewer service are provided, supporting day-to-day operations for a range of industrial configurations.
Approximately 125 parking spaces are available, and the property is located about 1.8 miles from Route 283, providing convenient regional access. The site sits in the Light Industrial zoning district and is described as suitable for manufacturing, warehouse, distribution, office, or flex industrial users.
Power-intensive uses are supported by three-phase, 480-volt electrical service and a backup generator. Public water and public sewer service are provided, supporting day-to-day operations for a range of industrial configurations.
Key Highlights
- 34,000 +/- SF industrial facility on 5.38 acres in Elizabethtown Borough with 21,500 +/- SF office and 12,500 +/- SF warehouse
- Light Industrial zoning; suitable for manufacturing, warehouse, distribution, office, or flex industrial users
- Approximately 14'+/- ceiling heights with three truck dock doors for loading and distribution
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $293.8k | $8.64 |
| − Vacancy | −$22.6k | −$0.67 |
| EGI | $271.1k | $7.97 |
| − OpEx | −$94.9k | −$2.79 |
| NOI | $176.2k | $5.18 |
34,000 SF · lease $8.64/SF/yr · vacancy 7.70% · expense 35.00%
Alternative Uses
Best Use
Office B
$8.04M
$7.04M – $9.38M
NOI $562,900 @ 7.0% cap · market cap 28.87%
Second Best
Warehouse
$3.28M
$2.87M – $3.83M
NOI $229,936 @ 7.0% cap · market cap 11.79%
Theoretical Best
Office A
$11.39M
$9.97M – $13.29M
NOI $797,552 @ 7.0% cap · market cap 40.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial and office space on 5.38 acres with air conditioning, sprinklers, and three dock doors.
Where is this flex space located?
The property is located at 1595 S Mount Joy St. Elizabethtown, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 34,000 +/- SF industrial facility on 5.38 acres in Elizabethtown Borough with 21,500 +/- SF office and 12,500 +/- SF warehouse; Light Industrial zoning; suitable for manufacturing, warehouse, distribution, office, or flex industrial users; Approximately 14'+/- ceiling heights with three truck dock doors for loading and distribution
