Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    425 North 21st Street Camp Hill, PA 17011

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $171,514

    Class A office space available for sublease in Camp Hill.

    Type:Office
    Property size:
    12,251 SF
    Added:
    Nov 22, 2025
    Days on Market:
    139
    Last Refresh:
    Apr 5 at 8:48 pm

    Property Features for 425 North 21st Street

    General Information

    Standard status
    Active
    Size
    12,251 SF
    Property subtype
    Office

    Spaces For Lease

    at 425 North 21st Street Contact us

    We can help!

    Listing Contact
    Jeremy Shyk
    Jeremy Shyk

    Listing agent Jeremy Shyk

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Jeremy Shyk

    Overview

    Class A Office Sublease

    This Class A office building has a 12,251-square-foot space available for sublease on the 2nd floor. The property offers outstanding visibility and is centrally located in the West Shore Business district. Situated next to the Penn State Health / Holy Spirit Hospital campus, it provides immediate access to the Harrisburg Central Business District. This space is suitable for medical and professional office users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ankit Parikh Physician Lulit I. Price Physician Dermatology Physician Christina A. Basonic, CRNP Physician Rothman Julie A MD Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9221
    Latitude
    40.2513

    Nearby Similar for Lease

    • Contact for pricing

      Camp Hill Office Space Available

      Office spaces in Camp Hill with high visibility and accessibility.
      2010 MARKET Street, CAMP HILL, PA 17011
      View Details
    • Sponsored
      Contact for pricing

      PA, Camp Hill - Simpson Ferry Rd

      3425 Simpson Ferry Rd, Camp Hill, PA 17011
      View Details
    • $14/mo

      Camp Hill Commercial Space Available

      Office, retail, and medical spaces for lease in Camp Hill.
      405 Saint Johns Church Rd, Camp Hill, PA
      View Details
    • $7/mo

      Flex Warehouse Space Available

      11,690 SF flex warehouse space for lease.
      3605-B Hartzdale Drive, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Retail Space in Camp Hill

      Retail space in a well-traveled Camp Hill shopping center.
      1104 Carlisle Rd, Camp Hill, PA
      View Details
    • $13/mo

      Trindle Road Office/Medical Space

      Second-floor office/medical space with excellent visibility and convenient access.
      3916 Trindle Road, Camp Hill, PA 17011
      View Details
    • $18/mo

      Class A Office Suite Available

      Highly visible Class A office space for lease in Camp Hill.
      3500 Market Street, Camp Hill, PA 17011
      View Details
    • $20/mo

      Renovated Office Space in Camp Hill

      Newly renovated office building near Camp Hill and Harrisburg.
      101 Erford Rd, Camp Hill, PA
      View Details
    • $17/mo

      Camp Hill Office/Medical Suites

      Single-story building with suites suitable for office or medical tenants.
      207 House Ave, Camp Hill, PA 17011
      View Details
    • $12/mo

      West Shore Office Space Available

      Aesthetically pleasing office building in the heart of West Shore.
      3507 Market Street, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Camp Hill Office Building For Lease

      Single-tenant office building with parking in Camp Hill, PA.
      23 W Main St, Camp Hill, PA
      View Details
    • $12/mo

      Office Suite with Natural Light

      Second-floor office suite in Lower Allen Township for lease.
      704 Lisburn Road, Camp Hill, PA 17011
      View Details

    FAQs

    What type of property is this?
    Office building - Class A office space available for sublease in Camp Hill.
    Where is this office building located?
    The property is located at 425 North 21st Street Camp Hill, PA.
    What is the lease rate?
    The lease rate is $171,514.
    What are key features of this property?
    This property features: Class A office building; Outstanding visibility; Central West Shore Business district location
    (717) 540-2701
    We can help!
    Listing Contact
    Jeremy Shyk
    Jeremy Shyk
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!