Add Listing
    For Sale
    • 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

    5060 Ritter Road Mechanicsburg, PA 17055

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,650,000

    Three-building office/flex facility with long-term tenants and value-add opportunity.

    Type:Industrial
    Property size:
    52,501 SF
    Added:
    Feb 7, 2026
    Days on Market:
    53
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 5060 Ritter Road

    General Information

    Standard status
    Active
    Size
    52,501 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Chuck Heller

    Listing agent Chuck Heller License #PA

    Listing office Landmark Commercial Realty

    Listing date Feb 7, 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

    Overview

    Office/Flex Facility with Growth Potential

    This three-building office/flex facility offers a total of 51,000 square feet and is fully leased, featuring a strong roster of long-term tenants. The property provides exceptional flexibility with a variety of suite sizes ranging from 1,500 to 10,416 square feet, making it ideal for diverse user needs. Tenants benefit from a highly functional mix of warehouse and office space, multiple loading positions, and a central courtyard designed for full trailer access. With solid historical financial performance and current under-market rental rates, the property presents a compelling value-add opportunity with significant upside potential. The property size is 52,501 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    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
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9664607
    Latitude
    40.2019169

    Nearby Similar for Sale

    • $1,699,000
      3,790 SF

      Mechanicsburg Commercial Property For Sale

      Mechanicsburg commercial property featuring 3,790 SF building on 7.1 acres.
      1554 Williams Grove Rd, Mechanicsburg, PA 17055
      View Details
    • $17
      14,923 SF

      Office Suites in Rossmoyne Business

      Office suites available for lease in Rossmoyne Business Center.
      Mechanicsburg, PA 17055
      View Details
    • $850,000
      1,100 SF

      Established Corner Retail/Restaurant Opportunity

      Corner retail/restaurant for sale with high traffic volume.
      5155 Simpson Ferry Rd, Mechanicsburg, PA 17050
      View Details
    • $1,695,000
      16,500 SF

      Mechanicsburg Office Building For Sale

      Three-story office building in established Rossmoyne office district.
      600 Wilson Lane, Mechanicsburg, PA 17055
      View Details
    • $755,000
      21,165 SF

      Mechanicsburg Church with Parking

      Well-maintained church with sanctuary, hall, kitchen, and classrooms.
      211 S. Filbert Street, Mechanicsburg, PA 17055
      View Details
    • $1,100,000
      16,450 SF

      Historic Bank Building on Square

      Landmark Mechanicsburg bank and office building for sale.
      2 E. Main Street, Mechanicsburg, PA 17055
      View Details
    • $255,000

      Turnkey Investment Opportunity in Mechanicsburg

      Multi-family property with immediate income potential in Mechanicsburg, PA.
      225 W LOCUST ST, MECHANICSBURG, PA 17055
      View Details
    • $4,750,000
      38,000 SF

      First-class Office Building in the Beautiful Bent Creek Office Park, in Mechanicsburg, PA.

      First-class office building in Bent Creek Office Park, Mechanicsburg, PA.
      1000 Bent Creek Boulevard, Mechanicsburg, PA 17050
      View Details
    • $2,595,000
      14,923 SF

      Professional Office Building in Mechanicsburg

      Single-story office building with recent upgrades and excellent location.
      5021 Louise Dr, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing
      6,800 SF

      Mechanicsburg Medical Office Investment Asset

      Single tenant medical office building leased by UPMC for sale.
      950 Woodland St, Mechanicsburg, PA
      View Details
    • Contact for pricing
      3,000 SF

      Turn-Key Restaurant in Gateway Center

      3,000 SF restaurant with equipment, fixtures, and furnishings.
      105 Gateway Dr, Mechanicsburg, PA 17050
      View Details
    • $3,000,000

      Mechanicsburg Industrial Flex Property

      Single tenant NNN leased industrial flex property for sale.
      327 W Allen St, Mechanicsburg, PA
      View Details

    FAQs

    What type of property is this?
    Flex space - Three-building office/flex facility with long-term tenants and value-add opportunity.
    Where is this flex space located?
    The property is located at 5060 Ritter Road Mechanicsburg, PA.
    What is the asking price?
    The asking price for this property is $5,650,000.
    What are key features of this property?
    This property features: Fully leased 51,000 sf office/flex facility with long‑term tenants; Significant value‑add opportunity due to current under‑market rental rates; Strong historical financial performance
    We can help!
    Listing Contact
    Chuck Heller
    Real Estate License ID: PA
    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!