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Automotive Shop with Paved Parking
For Sale
$539,500
Pending

1836 W TRINDLE ROAD, Carlisle, PA 17013

The property has commercial highway/mixed-use zoning, a garage, driveway, and paved parking areas.

Property Size5,300 SF
Days on Market144

Property Features for 1836 W TRINDLE ROAD

General Information

Standard status Pending
Size 5,300 SF
Total Parking Spaces 15
Zoning COMMERCIAL HWY/MIXED USE

Taxes and HOA fees

Annual Taxes $3,734

Amenities

None, Electric
Oil, Baseboard
Electric Water Heater
Paved, Garage, Driveway, Parking Lot

Building Details

Building Size 5,300 SF
Year Built 1940
Listing Agency:
Listed By: Kyle Shevlin
Source: Evrealestate
Added: Apr 9 Changed: Aug 30 Last Checked: Aug 30 at 12:15AM

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 Kyle Shevlin

Investment Insights

Based on property information with market context.

This automotive property at 1836 W Trindle Road includes a garage, driveway, and paved parking areas. The improvements date to 1940, with electric baseboard heating, an electric water heater, and oil service also identified in the property features.

The site is positioned on W Trindle Road in Carlisle, just beyond the I-81 underpass when traveling east from the Carlisle square along High Street. Commercial highway/mixed-use zoning is in place, and the property is within Cumberland County.

Key Highlights

  • Automotive property at 1836 W Trindle Road, Carlisle, PA 17013
  • Commercial highway/mixed‑use zoning
  • Paved parking, garage, and driveway

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
$29,801
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
5.52%
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%
$596,020 $596.0K
Cap Rate 7%
$425,729 $425.7K
Cap Rate 9%
$331,122 $331.1K
Market Conditions
NOI Build-Up for 5,300 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
$44.6K $8.42/SF
− Vacancy
−$2.1K −$0.39/SF
EGI
$42.6K $8.03/SF
− OpEx
−$12.8K −$2.41/SF
NOI
$29.8K $5.62/SF
Area
Cumberland County, PA
Vacancy
4.60%
Lease Rate
$8.42 /SF/Yr
Expense Ratio
30.00%
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%
$596,020
Cap Rate 7%
$425,729
Cap Rate 9%
$331,122

Alternative Uses

Best Use
Retail
$728.9K
$637.8K – $850.3K (±1% cap)
NOI $51,020 @ 7.0% cap · market cap 9.46%
Second Best
Industrial
$425.7K
$372.5K – $496.7K (±1% cap)
NOI $29,801 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,181 @ 7.0% cap · market cap 15.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Heckendorn's Auto Body ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby
Well-served
Demand for This Use

Demographics for 17013, PA

36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - The property has commercial highway/mixed-use zoning, a garage, driveway, and paved parking areas.
Where is this auto shop located?
The property is located at 1836 W TRINDLE ROAD Carlisle, PA.
What is the asking price?
The asking price for this property is $539,500.
What are key features of this property?
This property features: Automotive property at 1836 W Trindle Road, Carlisle, PA 17013; Commercial highway/mixed‑use zoning; Paved parking, garage, and driveway
More about this property
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