Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1310-1312- Holly Pike Carlisle, PA 17013
    Back to Search
    Property profile & analytics

    1310-1312- Holly Pike Carlisle, PA 17013

    View on Map
    • Land
    • 1.71 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1310-1312- Holly Pike

    Lot size
    1.71 lot acres
    Property type
    Land

    Description

    This exceptional 1.71-acre commercial land parcel, located at 1310-1312 Holly Pike in Carlisle, Pennsylvania (APN 11137837), presents a unique investment opportunity. Priced at $3,500,000, this fee simple property boasts a prime location at a signalized intersection near I-81, ensuring high visibility and accessibility. The property is zoned C-2 (Commercial General) and R-H (Residential High Density), offering considerable flexibility for development. The lot features a combination of level and sloping terrain and is improved with block and brick structures. Public water and sewer services are available. Annual property taxes are $2,662. The property includes 1310 & 1312 Holly Pike and 20 Marsh Drive. Additional information, including details on the possibility of leasing 2.3 and 1.2-acre tracts for $7,954 and $4,151 per month respectively (NNN), is available in associated documents. This corner lot offers unparalleled exposure and potential for a variety of commercial or high-density residential projects. The South Middleton Township location provides access to a thriving community and robust infrastructure. Don't miss this chance to acquire a strategically located property with significant development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.1931
    Latitude
    40.1773

    Comparable in this City

    • Value Estimation by Request
      1.75 Acres

      Suncrest Dr And Spg Rd

      Land • 1.75 Acres
      0 Suncrest Dr And Spg Rd, Carlisle, PA 17013
      View Details
    • Value Estimation by Request
      3.86 Acres

      81 Cranes Gap Rd

      Land • 3.86 Acres
      81 Cranes Gap Rd, Carlisle, PA 17013
      View Details
    • Value Estimation by Request
      48.00 Acres

      50 Carlisle Springs Rd

      Individual retail properties • 9,000 SF
      50 Carlisle Springs Rd, Carlisle, PA 17013
      View Details
    • Value Estimation by Request

      299 Westminster Dr

      Land
      299 Westminster Dr, Carlisle, PA 17013
      View Details
    • Value Estimation by Request
      1.63 Acres

      I-81 W . Trindle Rd

      Mixed-use properties • 71,003 SF
      I-81 W . Trindle Rd, Carlisle, PA 17013
      View Details
    • Value Estimation by Request
      0.86 Acres

      Harrisburg Pike

      Land • 0.86 Acres
      0 Harrisburg Pike, Carlisle, PA 17013
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      1.43 Acre Storage Unit Lot

      1.43 acre lot with preliminary approval for storage units.
      3101 Spring Rd, Carlisle, PA 17013
      View Details
    • Contact for pricing

      Carlisle PA Pad Site Available

      Pad site for ground lease in Carlisle, Pennsylvania.
      226 Westminster Dr, Carlisle, PA 17013
      View Details
    • Contact for pricing

      Prime Commercial Land For Sale

      1.63 acre commercial land with highway frontage and high traffic.
      1900 W Trindle Rd, Carlisle, PA 17013
      View Details
    • $1,750,000

      21.92 Acres Commercial Land

      Commercial land near major highways, ideal for various businesses.
      11 And Pa Tpke, Carlisle, PA 17013
      View Details
    • Contact for pricing

      5.73 Acres at Signalized Intersection

      Commercial and residential land for sale at signalized intersection.
      1310-1312 Holly Pike, Carlisle, PA 17013
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,560 SF

      Kohl's Pad Site: Carlisle, PA

      Prime 1-Acre Commercial Land, Carlisle, PA.
      226 Westminster Dr, Carlisle, PA 17013
      View Details
    • Contact for pricing

      Carlisle Retail Lot For Lease

      0.75 AC lot ideal for service-related retail or office.
      800 Belvedere St, Carlisle, PA 17013
      View Details
    • Contact for pricing

      Freestanding Building with Fenced Storage

      Commercial building with outside storage and high visibility frontage.
      437 E High St, Carlisle, PA 17013
      View Details
    • $1,200 /Mo
      14,375 SF

      Downtown Carlisle Office Space Available

      Affordable professional office space in the heart of Downtown Carlisle.
      1 Irvine Row, Carlisle, PA 17013
      View Details
    • Contact for pricing

      Former Bank Pad Site Available

      3,669 SF pad site in Carlisle Commons for lease.
      20 Noble Blvd, Carlisle, PA 17013
      View Details
    • Contact for pricing
      11 SF

      Carlisle Trailer Lot for Lease

      Trailer lot with 210 spaces near I-81, Carlisle, PA.
      100 Logistics Dr, Carlisle, PA 17013
      View Details
    Request Owner's contact information
    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.
    1310-1312- Holly Pike
    Carlisle, PA 17013
    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
    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

    Thank You for Inquiry
    1310-1312- Holly Pike, Carlisle, PA, 17013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!