Renovated Multi-Building Office
4807 Jonestown Road, Harrisburg, PA 17109
For Sale
Contact for pricing
A two-story campus serves medical, dental, behavioral health, and professional office users.
Property Size96,246 SF
Price / SF$155.85
Days on Market100
Property Features for 4807 Jonestown Road
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Exp Realty Bkny
Listed By:
VIC K · License PA #10401372466
Source:
Crexi
Added: Aug 3
Changed: Nov 1
Last Checked: Nov 10 at 5:15AM
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 Exp Realty Bkny
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Investment Insights
Based on property information with market context.
This office complex includes four renovated two-story buildings on 4.66 acres at 4807-4815 Jonestown Road in Harrisburg. Constructed in 1989, the property is configured for medical, dental, behavioral health, and professional office occupancy, with a diversified tenant base and leases extending through 2033.
The property is 79% occupied, with 19,477 square feet remaining for lease-up. CG — Commercial General zoning supports its commercial office setting. Its location along Jonestown Road provides a defined roadside address within the Harrisburg market.
The property is 79% occupied, with 19,477 square feet remaining for lease-up. CG — Commercial General zoning supports its commercial office setting. Its location along Jonestown Road provides a defined roadside address within the Harrisburg market.
Key Highlights
- Four renovated two‑story office buildings on 4.66 acres
- 79% occupied with 19,477 square feet available
- Medical, dental, behavioral health, and professional office tenant mix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,236,824
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,736,480
$24.7M
Cap Rate 7%
$17,668,914
$17.7M
Cap Rate 9%
$13,742,489
$13.7M
Market Conditions
NOI Build-Up for 96,246 SF
Gross rent
$1.93M $20.04/SF
− Vacancy
−$279.7K −$2.91/SF
EGI
$1.65M $17.13/SF
− OpEx
−$412.3K −$4.28/SF
NOI
$1.24M $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%
$24,736,480
Cap Rate 7%
$17,668,914
Cap Rate 9%
$13,742,489
Alternative Uses
Best Use
Office B
$17.67M
$15.46M – $20.61M
NOI $1,236,824 @ 7.0% cap · market cap 8.25%
Second Best
Mixed Use
$16.71M
$14.62M – $19.49M
NOI $1,169,389 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$21.14M
$18.49M – $24.66M
NOI $1,479,494 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
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Business Placement
Demographics for 17109, PA
25,232
Population
11,808
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
7.0 sq mi
ZIP Area
3,605
Density / Sq Mi
$70,618
Median Household Income
$42,908
Median Earnings
$1,234
Median Rent
$203,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Harrisburg, PA
Properties on Market for Office buildings in Harrisburg
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A two-story campus serves medical, dental, behavioral health, and professional office users.
Where is this office building located?
The property is located at 4807 Jonestown Road Harrisburg, PA.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Four renovated two‑story office buildings on 4.66 acres; 79% occupied with 19,477 square feet available; Medical, dental, behavioral health, and professional office tenant mix
