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    4314 Derry St Harrisburg, PA 17111

    For Lease
    $125,000

    1.3-acre lot, prime Harrisburg location.

    Lot size:
    47,916 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.3-acre commercial land parcel presents a remarkable investment opportunity in the thriving Harrisburg, Pennsylvania market. Situated at 4314-4316 Derry Street, this single-tenant property boasts a highly visible location along Derry Street, which experiences a daily traffic volume of 11,289 vehicles. The site's strategic positioning offers unparalleled access to major transportation arteries, including Interstate 83 (96,732 VPD) and Interstate 283 (59,830 VPD), ensuring seamless connectivity and convenient commutes. This prime location is further enhanced by its proximity to a cluster of established national retailers, including Target, Home Depot, PetSmart, Sherwin Williams, and Panera Bread, creating a vibrant and desirable commercial environment. The property is zoned CG within Dauphin County and offers a blank canvas for a wide range of commercial developments. With its substantial size and strategic location, this land parcel represents a unique chance to capitalize on the consistent growth of the Harrisburg market. The property is ideal for businesses seeking high visibility and convenient access to a dense population base and major transportation networks. This is a rare opportunity to acquire a significant commercial land holding in a highly sought-after area.

    Property Features for 4314 Derry St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,916 SF
    Total Rate
    125000

    Unit(s) available at that property

    Space
    Available Space
    Size
    47,916 SF
    Rate per SF
    $125,000

    HighLights

    • 1.3‑acre commercial land parcel in Harrisburg, PA, at 4314‑4316 Derry Street.
    • High‑visibility location on Derry Street (11,289 VPD), with proximity to I‑83 (96,732 VPD) and I‑283 (59,830 VPD).
    • Located near major national retailers including Target, Home Depot, PetSmart, Sherwin Williams, and Panera Bread.
    • CG zoning in Dauphin County, suitable for various commercial developments.
    • Exceptional investment opportunity in a high‑growth market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.809199
    Latitude
    40.258382

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    FAQs

    What type of property is this?
    Land - 1.3-acre lot, prime Harrisburg location.
    Where is this land located?
    The property is located at 4314 Derry St Harrisburg, PA.
    What is the lease rate?
    The lease rate is $125,000.
    What are key features of this property?
    This property features: 1.3-acre commercial land parcel in Harrisburg, PA, at 4314-4316 Derry Street.; High-visibility location on Derry Street (11,289 VPD), with proximity to I-83 (96,732 VPD) and I-283 (59,830 VPD).; Located near major national retailers including Target, Home Depot, PetSmart, Sherwin Williams, and Panera Bread.
    Request Owner's contact information
    4314 Derry St Harrisburg, PA 17111
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    Harrisburg, PA 17111
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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
    4314 Derry St Harrisburg, PA 17111
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