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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

340 Allen Rd Carlisle, PA 17013

1,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 0.68-acre commercial property, located at 340 Allen Road in Carlisle, Pennsylvania (zip code 17013), presents a unique investment opportunity. The property, zoned I-C, boasts a total building area of 1,500 square feet, currently vacant and ready for immediate development. The lot offers excellent visibility along Allen Road, which sees an average daily traffic count of 19,120 vehicles. Its strategic location within a mile of Carlisle Commons, a significant 387,383 square foot power center anchored by Walmart and including tenants such as T.J. Maxx, Regal Cinema, and Tractor Supply, ensures high traffic and strong market potential. A proposed site plan includes convenient paved parking on both sides of the building and a drive-thru lane, making it ideally suited for a quick-service restaurant or similar business. The property's Cumberland County location (APN: 50-08-0581-015) offers easy access from Logistics Drive. This single-tenant property is perfect for an entrepreneur looking to establish a presence in a thriving retail area. The property is classified as both residential and commercial.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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