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Property profile & analytics

4200 Crums Ml Rd Harrisburg, PA 17112-2899

  • Office Properties & Spaces
  • 26,024 SF
  • 3.89 lot acres
OFF-MARKET
Last Sale
Jun 03, 2024
$3,700,000
Value Estimations
$3,820,000
Show details
Cap Rate Potential
9.6%
Office Properties & Spaces
Location Intelligence
Property ID
US73-5830640
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • GrandView Asset Management / Stock Broker / Financial Consultant
  • CDMS / Computer Software Store
  • Senior Financial Services / Financial Planner
  • Aflac / Insurance Agency
  • Martin Owens Group / Media Consultant / Public Relations Firm

Property Details for 4200 Crums Ml Rd

Year built
1997
Construction
FRAME
Lot size
3.89 lot acres
Property size
26,024 SF
Property type
Office Properties & Spaces
APN
35-039-028
APU
35039028

Description

This exceptional Class A office building, located at 4200 Crums Mill Rd, Harrisburg, PA 17112, presents a unique owner/user or investment opportunity. The 34,000 square foot, three-story building boasts a desirable location in Lower Paxton Township, featuring beautiful glass windows and an elevator. Currently housing four tenants, the property offers a multi-tenant configuration with a gross lease structure and credit-rated tenants. The asking price is $4,500,000 ($132.35/sq ft). A significant portion of the building is available for immediate occupancy. The ground level (13,500 sq ft), recently renovated in 2019, features an open floor plan, twelve private perimeter offices, and in-suite bathrooms. This space can be made available with 30 days' notice. Additionally, a 6,100 sq ft unfinished garden level suite, previously a childcare facility, is also available. The second floor, with Class A finishes, has a tenant with a lease extending through 2026, including a 1-5 year option. The property sits on a 3.89-acre lot and includes 155 parking spaces. Built in 1997 and renovated in 2019, this property is zoned for Business Campus use (APN: 35-039-28). The anticipated occupancy date for available spaces is March 11, 2024. This is a rare opportunity to acquire a well-maintained, high-quality office building in a prime Harrisburg location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,700,000
    ML approach
    $3,700,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $5,945,000
    6.5%
    $5,490,000
    7%
    $5,095,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Harrisburg
County
Dauphin
State
Pennsylvania
Longitude
-76.8267
Latitude
40.3089
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,491
$338,400
$1,128,500
$1,466,900
-
$338,400
$1,128,500
$1,466,900
More about this property
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