Mixed-Use Property with Off-Street
For Sale
$379,000
3305 Market St, Camp Hill, PA 17011
CN-zoned property supports residential and commercial use along Market Street in Camp Hill.
Property Size1,800 SF
Lot Size0.35 Acres
Price / SF$211.97
Days on Market36
Property Features for 3305 Market St
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.35 Acres
Zoning
CN
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/1.5BA
Multifamily Units
1
Amenities
central air conditioning
natural gas heating
remodeled kitchen
Building Details
Year Built
1926
Buildings
1
Building Size
1,800 SF
Listing Agency:
BrokersRealty.com
(888) 774-8488
Listed By:
John A Rainville · License #RM419701
Source:
Premierehomegroup
Added: Jul 25
Changed: Aug 28
Last Checked: Aug 25 at 5:19AM
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 BrokersRealty.com
Investment Insights
Based on property information with market context.
Built in 1926, this mixed-use property combines a residential layout with commercial-use flexibility. The interior includes 3 bedrooms and 1.5 bathrooms, along with a remodeled kitchen featuring updated cabinetry and new appliances. Recent improvements include central A/C and natural gas heating. Multiple entry points and off-street parking for 10+ vehicles support residential occupancy, customer access, or office use.
Located at 3305 Market St in Camp Hill, the property sits along a visible and heavily traveled corridor. Its Commercial Neighborhood (CN) Business District zoning allows residential and commercial use, while the 0.35-acre site provides room for potential expansion. The property is offered individually and is positioned near Harrisburg and Mechanicsburg.
Located at 3305 Market St in Camp Hill, the property sits along a visible and heavily traveled corridor. Its Commercial Neighborhood (CN) Business District zoning allows residential and commercial use, while the 0.35-acre site provides room for potential expansion. The property is offered individually and is positioned near Harrisburg and Mechanicsburg.
Key Highlights
- 3 bedrooms and 1.5 bathrooms
- 1,788 SF property size
- 0.35‑acre lot with room for expansion
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
$16,746
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
4.42%
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%
$334,920
$334.9K
Cap Rate 7%
$239,229
$239.2K
Cap Rate 9%
$186,067
$186.1K
Market Conditions
NOI Build-Up for 1,788 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
$29.0K $16.20/SF
− Vacancy
−$2.2K −$1.22/SF
EGI
$26.8K $14.99/SF
− OpEx
−$10.0K −$5.62/SF
NOI
$16.7K $9.37/SF
Area
Cumberland County, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
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%
$334,920
Cap Rate 7%
$239,229
Cap Rate 9%
$186,067
Alternative Uses
Best Use
Mixed Use
$239.2K
$209.3K – $279.1K
NOI $16,746 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.3K
$363.4K – $484.6K
NOI $29,074 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CN-zoned property supports residential and commercial use along Market Street in Camp Hill.
Where is this mixed-use property located?
The property is located at 3305 Market St Camp Hill, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 3 bedrooms and 1.5 bathrooms; 1,788 SF property size; 0.35‑acre lot with room for expansion
