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    OFF-MARKET
    Commercial real estate

    381 Independence Ave, Mechanicsburg, PA 17055-6105

    5.69 ac lot
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US73-1094954
    Property summary
    AI-generated overview

    This exceptional Class A flex space, located at 381 Independence Avenue in Mechanicsburg, Pennsylvania (17055), offers 4,126 square feet of versatile space within a larger 49,311 square foot multi-tenant building. Built in 2008, this property sits on a 5.69-acre lot and boasts numerous energy-efficient features, including a 45-mil white EPDM roof, T-5 fluorescent lighting, R-20 rigid roof insulation, and Type 2-B noncombustible insulated architecturally designed split face masonry exterior walls. The building's design allows for efficient use of space, with each unit featuring a 102-foot depth accommodating two dock doors and one oversized drive-in door. Dock equipment is slated for installation. The property includes a full sprinkler system and a spacious 110-foot truck court. The flexible industrial zoning allows for a wide range of potential uses, details of which can be found in the zoning abstract on file with Upper Allen Township. This property is under new ownership and management, offering a prime opportunity for businesses seeking modern, efficient, and well-located space in the Upper Allen Township submarket, conveniently situated at the intersection of Independence Avenue and Allendale Road. The building's ceiling height is 18 feet.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 5.69 ac (247,856 SF)
    APN 42-10-0646-056
    UPID US73-1094954
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    381 Independence Ave LLC A Pennsylv · 8 yrs held
    381 Independence Ave LLC A Pennsylv
    since 2018
    3 recorded transactions
    2019
    2018
    $4.5M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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