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    4940 Ritter Rd Mechanicsburg, PA 17055

    For Lease
    $11 SF/Yr ($9,968 /Mo)

    10,010 SF Office, 50 Parking Spaces

    Lot size:
    10,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10,010 square foot office building, situated on a generous 3.3-acre lot (143,748 sq ft), presents a compelling investment opportunity in Mechanicsburg, Pennsylvania. The single-story, Class B building features a traditional office layout with executive office suites available, perfect for a variety of businesses. Currently offering multiple tenancies, this property provides flexibility for diverse occupancy needs. The ample 50-space parking lot ensures convenient access for employees and clients. Located in the C-3 Business Park District, the property benefits from favorable zoning regulations. The property's address is 4940 Ritter Rd, Mechanicsburg, PA 17055, with the APN 13-10-0256-0002 in Cumberland County. The building does not include elevators. This property offers a significant opportunity for investors seeking a well-located, established office building with substantial land area. The current configuration includes at least one available suite of 2,000 square feet. The substantial lot size allows for future expansion or redevelopment possibilities, subject to local zoning regulations. This is an excellent opportunity to acquire a well-maintained office building in a thriving business community.

    Property Features for 4940 Ritter Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,010 SF
    Class
    B
    Total Rate
    9968.29

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104-105
    Size
    2,000 SF
    Rate per SF
    $11

    HighLights

    • Ample parking and attractive landscaping.
    • Prime location at the PA Turnpike and PA Route 15 in Rossmoyne Business Center, Cumberland County.
    • Strong tenant roster including Siemens, Delta Dental, Liberty Mutual, Humana, and other major corporations and government agencies.
    • On‑site amenities include hotels, restaurants, and daycare centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair 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
    -76.9565202
    Latitude
    40.2063639

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    FAQs

    What type of property is this?
    Office Property / Space - 10,010 SF Office, 50 Parking Spaces
    Where is this office property / space located?
    The property is located at 4940 Ritter Rd Mechanicsburg, PA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Ample parking and attractive landscaping.; Prime location at the PA Turnpike and PA Route 15 in Rossmoyne Business Center, Cumberland County.; Strong tenant roster including Siemens, Delta Dental, Liberty Mutual, Humana, and other major corporations and government agencies.
    Request Owner's contact information
    4940 Ritter Rd Mechanicsburg, PA 17055
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    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
    4940 Ritter Rd Mechanicsburg, PA 17055
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