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    5020 Ritter Rd Mechanicsburg, PA 17055

    Sponsored
    For Lease
    $12 SF/Yr

    Multi-tenant office building, 135 parking spaces.

    Lot size:
    30,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Mechanicsburg, PA commercial property, located at 5020 Ritter Rd, offers 30,800 square feet of versatile space in a single-story, Class B building. The property is zoned C-3 Business Park District and sits on a generous 5.13-acre lot, providing ample room for expansion or outdoor activities. The building features a multi-tenant configuration, currently offering at least one available suite. This suite comprises approximately 1,000 square feet and includes a sizable area suitable for use as a workroom or laboratory, two private offices, a restroom, and a convenient garage with a grade-level overhead drive-in roll-up door. The property boasts 135 parking spaces for employees and visitors. The building is classified as Traditional Office, Medical Office, Flex, and R&D space, making it suitable for a wide range of businesses. The property's APN is 13-10-0256-002A, and it is located in Cumberland County, PA, zip code 17055. This is an excellent opportunity for businesses seeking flexible and well-equipped office space in a prime Mechanicsburg location. No elevators are present in this single-story building.

    Property Features for 5020 Ritter Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,800 SF
    Class
    B
    Total Rate
    32725

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 205-206
    Size
    2,000 SF
    Rate per SF
    $12
    Space
    Suite 102
    Size
    1,000 SF
    Rate per SF
    $12
    Space
    Suite 211
    Size
    4,643 SF
    Rate per SF
    $12

    HighLights

    • Landscaped grounds.
    • Ample parking available.
    • Individual suite access.
    • Prime location at the intersection of PA Turnpike and PA Route 15 in Rossmoyne Business Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9627308
    Latitude
    40.2049378

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    FAQs

    What type of property is this?
    Life science property - Multi-tenant office building, 135 parking spaces.
    Where is this life science property located?
    The property is located at 5020 Ritter Rd Mechanicsburg, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Landscaped grounds.; Ample parking available.; Individual suite access.
    Request Owner's contact information
    5020 Ritter Rd Mechanicsburg, PA 17055
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    Realmo Value Estimation

    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

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    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.

    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
    5020 Ritter Rd Mechanicsburg, PA 17055
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