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    144 Reno Ave New Cumberland, PA 17070

    Sponsored
    For Lease
    $5 SF/Yr ($3,804 /Mo)

    Versatile 8,300 SF Flex Space; Ideal Location

    Lot size:
    8,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,300-square-foot flex space presents a unique opportunity in New Cumberland, Pennsylvania. Situated on a 0.37-acre lot, this single-tenant property offers a compelling blend of office and warehouse space, perfect for a variety of businesses. The building, constructed in 1950, is a single-story structure with a 15'6" ceiling height. Approximately 3,000 square feet are dedicated to flexible office space, encompassing private offices, an open area suitable for a conference table or cubicles, and ample storage. The remaining 5,300 square feet comprise warehouse/storage space, conveniently accessed via a 14-foot drive-in door. The property boasts 15+ parking spaces and is equipped with 220-volt, 3-phase power. Its mixed-use zoning provides flexibility for various business operations. The strategic location in New Cumberland offers easy access to major transportation arteries, including I-83 and the Pennsylvania Turnpike (I-76), ensuring convenient commutes and efficient logistics. The property's features, combined with its prime location, make it an attractive option for businesses seeking a versatile and well-situated space. The APN is 25-25-0006-383, located in Cumberland County. No elevators are present on the property.

    Property Features for 144 Reno Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,300 SF
    Total Rate
    3804.17

    Building Details

    Year Built
    1950
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,300 SF
    Rate per SF
    $5

    HighLights

    • 8,300 SF flex space for lease in a single‑tenant building.
    • 3,000 SF of office space with private offices, open area, and storage.
    • 5,300 SF of warehouse/storage space with a 14' drive‑in door.
    • Excellent New Cumberland, PA location; easy I‑83 & PA Turnpike (I‑76) access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Cumberland
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.863067308355
    Latitude
    40.223884775709

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    FAQs

    What type of property is this?
    Flex space - Versatile 8,300 SF Flex Space; Ideal Location
    Where is this flex space located?
    The property is located at 144 Reno Ave New Cumberland, PA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 8,300 SF flex space for lease in a single-tenant building.; 3,000 SF of office space with private offices, open area, and storage.; 5,300 SF of warehouse/storage space with a 14' drive-in door.
    Request Owner's contact information
    144 Reno Ave New Cumberland, PA 17070
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    New Cumberland, PA 17070
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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
    144 Reno Ave New Cumberland, PA 17070
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