Building Details

Year Built 1970

Buildings 1

Stories 2

Building Size 1,920 SF

Listing Agency: NAI CIR

Listed By: William Gladstone · License #PA RS163443A Show Phone

Source: Crexi

Added: Apr 6 Changed: Oct 25 Last Checked: Oct 28 at 5:45AM

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Investment Insights

Based on property information with market context.

This 1,920-square-foot office building has been fully gutted, leaving partially open interiors on both the main and lower levels. The existing configuration provides a basic framework for a new office, commercial, or mixed-use concept while allowing substantial customization. The property sits on nearly an acre, creating room for parking, expansion, or outdoor improvements as planning permits.

Located at 4107 Linglestown Rd in Harrisburg, Pennsylvania, the property offers a redevelopment opportunity within the Linglestown Road corridor. Its two-level layout and sizable land component provide the principal physical features for repositioning the asset.

Key Highlights

• 1,920 SF office building
• Fully gutted interior ready for redevelopment
• Partially open floor plan on main and lower levels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,673

Cap Rate

7.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$493,460 $493.5K

Cap Rate 7%

$352,471 $352.5K

Cap Rate 9%

$274,144 $274.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,920 SF

Gross rent

$38.5K $20.04/SF

− Vacancy

−$5.6K −$2.91/SF

EGI

$32.9K $17.13/SF

− OpEx

−$8.2K −$4.28/SF

NOI

$24.7K $12.85/SF

Area

Dauphin County, PA

Vacancy

14.50%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$493,460

Cap Rate 7%

$352,471

Cap Rate 9%

$274,144

Alternative Uses

Best Use

Office B

$352.5K

$308.4K – $411.2K (±1% cap)

NOI $24,673 @ 7.0% cap · market cap 7.96%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$3.54M

$3.09M – $4.13M (±1% cap)

NOI $247,536 @ 7.0% cap · market cap 79.85%

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hermann James M ... Dental Office

Suggested Use

Top Pick Hair Salon HVAC Service Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring 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

391

Businesses Nearby

Explore this area Business Placement

Demographics for 17112, PA

37,137

Population

16,026

Households

2.3

Avg Household Size

44

Median Age

44%

College-Educated

95%

High-School Grad

69.6 sq mi

ZIP Area

534

Density / Sq Mi

$101,784

Median Household Income

$55,056

Median Earnings

$1,400

Median Rent

$290,400

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

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Frequently Asked Questions

What type of property is this?

Office building - Partially open interiors across two levels offer a flexible starting point for office or mixed-use redevelopment.

Where is this office building located?

The property is located at 4107 Linglestown Road Harrisburg, PA.

What is the asking price?

The asking price for this property is $310,000.

What are key features of this property?

This property features: 1,920 SF office building; Fully gutted interior ready for redevelopment; Partially open floor plan on main and lower levels