Professional Office Building in
5021 Louise Dr, Mechanicsburg, PA 17055
Single-story office building with recent upgrades and excellent location.
Type:Office
Property size:
14,923 SFPrice / SF:
$173/SF- Added:
- Feb 3, 2026
- Days on Market:
- 144
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5021 Louise Dr
General Information
- Standard status
- Active
- Size
- 14,923 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing office Landmark Commercial Realty
Listing date Feb 3, 2026
Source Crexi
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 Landmark Commercial Realty
HighLights
- Strategic location in Rossmoyne Business Center with immediate access to US‑15 and the PA Turnpike (I‑76).
- Recent $1 Million renovation including new rooftop HVAC systems, upgraded security and fire alarm systems, key fob access, renovated lobby/common areas, enhanced lighting, resurfaced parking lot, and landscaping.
- Flexible space options available, ranging from 2,104 to 8,905 square feet.
- Partially leased with income potential, appealing to owner/users.
- Potential sale‑leaseback provides long‑term stability.
- Abundant natural light fills the office environment with excellent window lines.
Overview
This single-story professional office building is located in the Rossmoyne Business Center. The property features window lines and natural light. The building is partially leased, presenting an opportunity for an owner/user with existing income. Flexible options are available with space ranging from 2,104 square feet up to 8,905 square feet. A potential sale-leaseback can provide long-term stability for investors or users seeking additional security. The building has benefited from $1 million in recent improvements, including new rooftop HVAC systems, upgraded security and fire alarm systems, a key fob access system, renovated lobby and common areas, enhanced interior and exterior lighting, a resurfaced parking lot, a new retaining wall, exterior building caulking, and a complete landscaping overhaul. The updates ensure a modern environment for professional office users. Situated off US-15 and the PA Turnpike (I-76), the Rossmoyne Business Center location provides connections to I-83, US-11, and I-81. The property is surrounded by hotels, restaurants, and other amenities. The property size is 14,923 square feet.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $268.6k | $18.00 |
| − Vacancy | −$15.8k | −$1.06 |
| EGI | $252.8k | $16.94 |
| − OpEx | −$63.2k | −$4.23 |
| NOI | $189.6k | $12.70 |
14,923 SF · lease $18.00/SF/yr · vacancy 5.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,574 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.04M
NOI $242,655 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Mechanicsburg
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -76.9622778
- Latitude
- 40.1999591
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Single-story office building with recent upgrades and excellent location.
Where is this office building located?
The property is located at 5021 Louise Dr Mechanicsburg, PA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Strategic location in Rossmoyne Business Center with immediate access to US‑15 and the PA Turnpike (I‑76).; Recent $1 Million renovation including new rooftop HVAC systems, upgraded security and fire alarm systems, key fob access, renovated lobby/common areas, enhanced lighting, resurfaced parking lot, and landscaping.; Flexible space options available, ranging from 2,104 to 8,905 square feet.
