Office Suite with Private
5020 RITTER ROAD #204, Mechanicsburg, PA 17055
For Sale
New
Contact for pricing
The layout includes a reception area, two enclosed offices, and a restroom.
Property Size30,800 SF
Price / SF$0.23
Days on Market4
Property Features for 5020 RITTER ROAD #204
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
High Associates Ltd.
(717) 293-4477
Listed By:
Chad Royer · License PA RS354990
(717) 406-0576
Source:
Cummingsrealtors
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:13PM
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 High Associates Ltd.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is configured with a reception area, two private offices, and one restroom. It is part of an Office/Flex building constructed in 1987.
On-site parking serves employees and visitors. Major highways, restaurants, lodging, and business services are accessible from the property in Mechanicsburg, Cumberland County.
On-site parking serves employees and visitors. Major highways, restaurants, lodging, and business services are accessible from the property in Mechanicsburg, Cumberland County.
Key Highlights
- Reception area, two private offices, and one restroom
- Located in an Office/Flex building built in 1987
- On‑site parking for employees and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$391,268
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,825,360
$7.8M
Cap Rate 7%
$5,589,543
$5.6M
Cap Rate 9%
$4,347,422
$4.3M
Market Conditions
NOI Build-Up for 30,800 SF
Gross rent
$554.4K $18.00/SF
− Vacancy
−$32.7K −$1.06/SF
EGI
$521.7K $16.94/SF
− OpEx
−$130.4K −$4.23/SF
NOI
$391.3K $12.70/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,825,360
Cap Rate 7%
$5,589,543
Cap Rate 9%
$4,347,422
Alternative Uses
Best Use
Office B
$5.59M
$4.89M – $6.52M
NOI $391,268 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.15M
$6.26M – $8.35M
NOI $500,823 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Explore this area
Business Placement
Demographics for 17055, PA
40,353
Population
18,994
Households
2.1
Avg Household Size
42
Median Age
47%
College-Educated
97%
High-School Grad
39.2 sq mi
ZIP Area
1,029
Density / Sq Mi
$95,542
Median Household Income
$55,923
Median Earnings
$1,320
Median Rent
$266,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Cumberland County, PA
Properties on Market for Office Units in Cumberland County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The layout includes a reception area, two enclosed offices, and a restroom.
Where is this office unit located?
The property is located at 5020 RITTER ROAD #204 Mechanicsburg, PA.
What are key features of this property?
This property features: Reception area, two private offices, and one restroom; Located in an Office/Flex building built in 1987; On‑site parking for employees and visitors
