Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    471 Jplwick Dr Harrisburg, PA 17111

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern Warehouse, Excellent Location, 77,374 SF

    Lot size:
    77,374 SF

    Property Features for 471 Jplwick Dr

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,374 SF
    Total Rate
    80597.92

    Building Details

    Year Built/Renovated
    1967/2023
    Stories
    2

    Spaces For Lease

    at 471 Jplwick Dr, Harrisburg, PA 17111 Contact us
    Unit Available Space

    $12 /Mo

    Size
    5,730 SF
    Contact us

    We can help!

    Listing Contact
    William Gladstone
    William Gladstone

    Listing Agent: William Gladstone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 77,374-square-foot warehouse, situated on a 4.08-acre lot, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2023, the property boasts a two-story design with a 9'8" ceiling height and impressive 200-foot frontage. Currently configured as a single-tenant space, with 7,330 square feet currently vacant, the building offers a flexible layout ideal for various industrial or commercial uses. Features include a shared lobby, multiple offices of varying sizes, a break room/kitchen, and ample open areas. The property also provides access to a 150+ square foot conference/meeting room equipped with A/V equipment and a loading dock. A walk-up dry storage area exceeding 700 square feet adds to the functionality. The building benefits from 3-phase, 600-amp power and an elevator. Zoned for Light Manufacturing and Industrial use, this property enjoys convenient access to major highways. The APN is 63-027-019. This is a prime opportunity to establish or expand your business in a modern, well-maintained facility. The property is ready for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JPL Marketing & Advertising InfoQuest Technologies, Inc. ... Data Center Anderson Audio Electronics & Wireless Store Voce Social Service Agency Pennsylvania State Resource ... Association / Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8119763
    Latitude
    40.2497888

    Nearby Similar for Lease

    • $1,300 /Mo

      Visible Office/Retail Space Available

      Cost-effective office/retail space with high visibility in Harrisburg, PA.
      4903 Jonestown Rd, Harrisburg, PA 17109
      View Details
    • $2,100 /Mo
      27,443 SF

      Harrisburg Office Space For Lease

      Office space for lease with frontage on Linglestown Road.
      4401 Linglestown Rd, Harrisburg, PA 17112
      View Details
    • $95,000
      2,117,016 SF

      Harrisburg Office Space For Lease

      Office space for lease in Harrisburg, 15 minutes from city.
      200 Tech Dr, Harrisburg, PA 17112
      View Details
    • $18 SF/Yr
      466,092 SF

      Harrisburg Office Space For Lease

      Office space for lease in Harrisburg, PA. Up to 42,000SF.
      3815 Tecport Dr, Harrisburg, PA 17111
      View Details
    • $1,850 /Mo

      Retail and Professional Space Available

      Retail/professional space in Harrisburg, PA, move-in ready, high-visibility location.
      7795 Allentown Blvd, Harrisburg, PA 17112
      View Details
    • $1,570 /Mo

      Versatile Commercial Space for Lease

      Retail, office, and warehouse spaces available in Harrisburg.
      7839 Allentown Blvd, Harrisburg, PA 17112
      View Details
    • $4,250 /Mo

      Renovated Flex Space with Loading

      Renovated flex space featuring loading dock and drive-in garage.
      2200 Woodview Dr, Harrisburg, PA 17112
      View Details
    • Contact for pricing
      21,000 SF

      Class A Office Space Harrisburg

      Class A office space in downtown Harrisburg's prestigious building.
      17 North 2Nd St, Harrisburg, PA 17101
      View Details
    • $14 SF/Yr

      Flexible Office/Retail Space Available

      Bright office/retail suites starting at 385 SF on Jonestown Road.
      4807-4815 Jonestown Rd, Harrisburg, PA 17109
      View Details
    • $14 SF/Yr

      Flexible Office/Retail Space Available

      Bright office/retail suites starting at 385 SF on Jonestown Road.
      4807-4815 Jonestown Rd, Harrisburg, PA 17109
      View Details
    • $9 SF/Yr

      Medical/Professional Building with Indoor Pool

      Professional/medical suites with flexible layouts and unique indoor pool.
      450 Powers Ave, Harrisburg, PA 17109
      View Details
    • $6 SF/Yr
      30,000 SF

      Union Deposit Road Office Suites

      Medical and professional office suites available for lease.
      4700 Union Deposit Rd, Harrisburg, PA 17111
      View Details

    FAQs

    What type of property is this?
    Distribution center - Modern Warehouse, Excellent Location, 77,374 SF
    Where is this distribution center located?
    The property is located at 471 Jplwick Dr Harrisburg, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 77,374 SF total building area, 7,330 SF vacant.; Single-tenant occupancy.; Retail and industrial property, warehouse subtype.
    (717) 761-5070 Call to check price and availability
    Request Owner's contact information
    471 Jplwick Dr Harrisburg, PA 17111
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    471 Jplwick Dr
    Harrisburg, PA 17111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    471 Jplwick Dr Harrisburg, PA 17111
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing William Gladstone
    William Gladstone
    Real Estate License ID: RS163443A
    (717) 761-5070 (717) 319-9022
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!