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    5020 Richard Ln Mechanicsburg, PA 17055

    For Lease
    $19 SF/Yr

    Spacious Suites, Abundant Parking, Ideal Location

    Lot size:
    40,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story office building, totaling 40,230 square feet, presents a unique leasing opportunity. Situated on a 6.46-acre lot in a well-established business park, the property boasts a convenient location at the intersection of the Pennsylvania Turnpike and PA Route 15, ensuring easy accessibility for employees and clients. Built in 1996, the building features ample parking with 252 spaces. The zoning is PO Professional Office, under APN 42-10-0256-034. Currently, a 19,994 square foot space is available for lease, divisible into smaller suites. This naturally lit space offers a range of amenities including a welcoming reception area, private offices, two multi-stall restrooms, a convenient mini-cafeteria, a dedicated conference room, and two expansive open areas perfect for cubicles or flexible workspace configurations. The entire space or individual suites are available for lease, providing flexibility to suit various business needs. This property represents an excellent opportunity for businesses seeking a well-maintained, conveniently located, and amenity-rich office space.

    Property Features for 5020 Richard Ln

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,230 SF
    Total Rate
    66882.38

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 101
    Size
    19,994 SF
    Rate per SF
    $19

    HighLights

    • 19,994 square feet of available office space in a two‑story building.
    • Located in an established business park.
    • Excellent access to PA Turnpike and PA Route 15.
    • Ample parking with 252 spaces.
    • Features a reception area, private offices, restrooms, cafeteria, conference room, and large open areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale 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
    -76.9631681
    Latitude
    40.1987855

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Suites, Abundant Parking, Ideal Location
    Where is this office property / space located?
    The property is located at 5020 Richard Ln Mechanicsburg, PA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 19,994 square feet of available office space in a two-story building.; Located in an established business park.; Excellent access to PA Turnpike and PA Route 15.
    Request Owner's contact information
    5020 Richard Ln 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

    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.

    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 Richard Ln Mechanicsburg, PA 17055
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