Medical Office
For Sale
Contact for pricing
789 Poplar Church Rd, Camp Hill, PA 17011
Medical office configuration near healthcare providers and professional users.
Property Size2,900 SF
Price / SF$146.55
Days on Market18
Property Features for 789 Poplar Church Rd
General Information
Standard status
Active
Size
2,900 SF
Property subtype
OFFICE
Listing Agency:
Landmark Commercial Realty
(717) 805-4166
Listed By:
Bogumila ‘Bo’ Mangam · License #RS287425
(717) 805-4166
Source:
Moodyscre
Added: Jul 27
Changed: Aug 13
Last Checked: Aug 13 at 5:41AM
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
Investment Insights
Based on property information with market context.
This 2,900-square-foot medical office property is configured for healthcare operations and may also accommodate professional office users. The building is located at 789 Poplar Church Rd in Camp Hill, PA 17011.
The property sits near Penn State Health, Holy Spirit Medical Center, other medical providers, a new daycare center, professional users, residential neighborhoods, and nearby retail amenities. Its current medical layout provides a foundation for continued healthcare use, while the existing office character may support attorneys, CPAs, therapists, salon operations, or a med spa.
The property sits near Penn State Health, Holy Spirit Medical Center, other medical providers, a new daycare center, professional users, residential neighborhoods, and nearby retail amenities. Its current medical layout provides a foundation for continued healthcare use, while the existing office character may support attorneys, CPAs, therapists, salon operations, or a med spa.
Key Highlights
- 2,900 square feet of medical office space
- Configured for current medical use
- Near Penn State Health and Holy Spirit Medical Center
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,840
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,800
$736.8K
Cap Rate 7%
$526,286
$526.3K
Cap Rate 9%
$409,333
$409.3K
Market Conditions
NOI Build-Up for 2,900 SF
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.
Gross rent
$52.2K $18.00/SF
− Vacancy
−$3.1K −$1.06/SF
EGI
$49.1K $16.94/SF
− OpEx
−$12.3K −$4.23/SF
NOI
$36.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,800
Cap Rate 7%
$526,286
Cap Rate 9%
$409,333
Alternative Uses
Best Use
Office B
$526.3K
$460.5K – $614.0K
NOI $36,840 @ 7.0% cap · market cap 8.67%
Second Best
Healthcare Medical
$421.0K
$368.4K – $491.2K
NOI $29,472 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$673.6K
$589.4K – $785.9K
NOI $47,155 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office configuration near healthcare providers and professional users.
Where is this medical office space located?
The property is located at 789 Poplar Church Rd Camp Hill, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,900 square feet of medical office space; Configured for current medical use; Near Penn State Health and Holy Spirit Medical Center
