Add Listing
    For Sale
    • 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

    2771 Harrisburg Pike Middletown, PA 17057

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

    9 Acres, C-2 Zoning, Prime Location

    Property Features for 2771 Harrisburg Pike

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    We can help!

    Listing Contact
    Larry Kostelac
    Larry Kostelac

    Listing Agency: Campbell Commercial Partners Listing Agent: Larry Kostelac

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 9.1-acre commercial land parcel presents a unique investment opportunity in Middletown, Pennsylvania. Strategically located at 2771 E Harrisburg Pike, this property boasts a C-2 Commercial zoning designation, opening doors to a wide array of commercial development possibilities. The site plan suggests potential uses such as quick-service restaurants (QSRs), hotels, and convenience stores, making it highly attractive to various businesses. Infrastructure is already in place, including common storm water management and shared access drives, simplifying the development process and reducing upfront costs. The property's size and zoning provide ample flexibility for large-scale projects. Its convenient location offers excellent accessibility, situated off Toll House Road, Exit I-283, providing seamless connectivity between Harrisburg and Lancaster. Furthermore, its proximity to Harrisburg International Airport and major highways, including the Pennsylvania Turnpike (I-76), I-283, and I-81, ensures high visibility and convenient access for employees and customers alike. The asking price is negotiable, making this an attractive proposition for developers seeking a prime location with significant growth potential in a thriving commercial corridor. The Dauphin County address and 17057 zip code further solidify its strategic position within a bustling commercial area. This is a rare opportunity to acquire a substantial tract of land ready for immediate development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Bar & Pub Garden Center Electrical Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.688037
    Latitude
    40.1919306

    Nearby Similar for Sale

    • New
      $399,000
      3,186 SF

      Mixed-Use Investment Opportunity

      High cash flow mixed-use property in downtown Middletown.
      219 S Union St, Middletown, PA 17057
      View Details
    • Contact for pricing
      15,000 SF

      Turnkey Restaurant Opportunity in Middletown

      Equipped restaurant with seating for 200 near PSU Harrisburg.
      1 South Union St, Middletown, PA 17057
      View Details
    • $695,000
      5,000 SF

      Upgraded Office Building on Acreage

      5,000 SF office building on 2.74 acres for sale.
      1500 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • $286,000

      Commercial Office Building with Parking

      Functional office space with parking near major transportation routes.
      3265 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • $250,000
      5,500 SF

      Versatile 5,500 SF Commercial Building

      5,500 SF building with open space and loading dock.
      109 Poplar St, Middletown, PA 17057
      View Details
    • $7,900,000
      65,000 SF

      Spacious Warehouse with Office Space

      65,000 SF warehouse and office on 11 acres.
      1441 Stoneridge Dr, Middletown, PA 17057
      View Details
    • Contact for pricing

      High Bay Industrial Complex

      Multi-tenant industrial complex with flexible design and abundant dock loading.
      1001 Aip Dr, Middletown, PA 17057
      View Details
    • $350,000
      2,480 SF

      Middletown Retail Investment Opportunity

      High-growth area, 2,480 SF retail space
      405 Spruce St, Middletown, PA 17057
      View Details
    • $7,735,000
      40,671 SF

      PA Gov't Net Lease Office Building

      Investment-grade, 40K SF, Harrisburg MSA
      3240 Schoolhouse Rd, Middletown, PA 17057
      View Details
    • $570,000
      3,296 SF

      Middletown Restaurant & Bar for Sale

      Turnkey Restaurant/Bar with Liquor License
      15 Mill St, Middletown, PA 17057
      View Details
    • Contact for pricing
      59,637 SF

      Executive Office Building, Middletown PA

      Class A Office Space, 59,637 SF
      1201 Fulling Mill Rd, Middletown, PA 17057
      View Details

    FAQs

    What type of property is this?
    Land - 9 Acres, C-2 Zoning, Prime Location
    Where is this land located?
    The property is located at 2771 Harrisburg Pike Middletown, PA.
    What are key features of this property?
    This property features: Excellent access to I-283, connecting Harrisburg and Lancaster, via the Toll House Rd exit.; Close proximity to Harrisburg International Airport and major highways (PA Turnpike I-76, I-283, I-81).;
    (717) 737-6161 Call to check price and availability
    Request Owner's contact information
    2771 Harrisburg Pike Middletown, PA 17057
    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.
    2771 Harrisburg Pike
    Middletown, PA 17057
    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
    2771 Harrisburg Pike Middletown, PA 17057
    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 Larry Kostelac
    Larry Kostelac
    Real Estate License ID: RS323735
    (717) 737-6161 (717) 645-9563
    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!