Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    100 Legacy Dr Mechanicsburg, PA 17055

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    100 Legacy Dr Mechanicsburg, PA 17055

    View on Map
    • Land
    • 1,200 SF
    • 0.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 100 Legacy Dr

    Year built
    2021
    Lot size
    0.50 lot acres
    Property size
    1,200 SF
    Property type
    Land

    Description

    Exceptional opportunity to acquire prime commercial land in Mechanicsburg, Pennsylvania's thriving Market Square at Legacy Park. These pad sites, ranging from 0.5 to 2.5 acres, are zoned for mixed-use development and offer unparalleled visibility on Market Street, a major thoroughfare boasting over 13,000 vehicles per day. The development is part of a vibrant live-work-play community, already featuring an award-winning brewery, a restaurant, martial arts studio, and other retail establishments. Future tenants include an Asian restaurant. This location benefits from proximity to major retailers such as Sheetz, Giant Foods, Starbucks, and more, ensuring high traffic and strong consumer base. Four distinct pad site options are available for purchase: a 3,695 square foot condo pad, a 5,000+ square foot condo pad, an 11,000+ square foot condo pad, or a combined 16,000+ square foot option (combining the 5,000 and 11,000 square foot pads). The property is Class A, built in 2021, and offers buildable space ranging from 1,200 to 16,000 square feet. This is an ideal investment for developers seeking to capitalize on the explosive growth in the West Shore market. The site is supported by a planned 650+ unit residential community currently under construction. Don't miss this chance to secure a piece of Mechanicsburg's most exciting new development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9978
    Latitude
    40.2007

    Comparable in this City

    • Value Estimation by Request
      2.81 Acres

      Gray Dr

      Land • 2.81 Acres
      0 Gray Dr, Mechanicsburg, PA 17055
      View Details
    • Value Estimation by Request
      6.52 Acres

      315 Winding Hill Rd

      Land • 6.52 Acres
      315 Winding Hill Rd, Mechanicsburg, PA 17055
      View Details
    • Value Estimation by Request
      25.00 Acres

      Locust Point Rd

      Land • 25.00 Acres
      0 Locust Point Rd, Mechanicsburg, PA 17055
      View Details
    • Value Estimation by Request
      25.00 Acres

      York St

      Land • 25.00 Acres
      0 York St, Mechanicsburg, PA 17055
      View Details
    • Value Estimation by Request
      20.00 Acres

      1206 Market St

      Farms • 20.00 Acres
      1206 Market St, Mechanicsburg, PA 17055
      View Details
    • Value Estimation by Request
      20.00 Acres

      1206 Market St

      Farms • 20.00 Acres
      1206 Market St, Mechanicsburg, PA 17055
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      101 Wesley Dr, Mechanicsburg, PA 17055
      View Details
    • $2,590,000
      2,888 SF

      Historic Mechanicsburg Estate

      39-Acre Estate, 4BR Farmhouse
      1435 Williams Grove Rd, Mechanicsburg, PA 17055
      View Details
    • $167,000
      1.19 Acres

      Residential Lot in Mechanicsburg, PA

      Residential building lot in Lower Allen Township with exclusive builder.
      Liberty Cv, Mechanicsburg, PA 17055
      View Details
    • $172,500
      0.43 Acres

      Residential Land in Mechanicsburg, PA

      Residential land for sale in a private community.
      Pennington Dr, Mechanicsburg, PA 17055
      View Details
    • $162,750
      0.48 Acres

      Land in Private Mechanicsburg Community

      Residential land in Mechanicsburg, PA, with mountain views and trails.
      Pennington Dr, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing

      Retail Site on Gettysburg Pike

      6.5 acre retail site in a dense commercial corridor.
      315 E Winding Hill Rd, Mechanicsburg, PA 17055
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mechanicsburg Outdoor Storage Land

      Over 30 acres of secured outdoor storage available for rent.
      34 Sinclair Rd, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing

      Mechanicsburg Land with Riding Rink

      20 acres with home, barn, and indoor riding rink.
      1206 S Market St, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing

      Mechanicsburg Agricultural Land with Riding Rink

      20-acre Mechanicsburg property with home, barn, and indoor riding rink.
      1206 South Market St, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing

      Mechanicsburg Build-to-Suit Land For Rent

      Land suitable for flex building with permitted uses.
      5041 Richard Ln, Mechanicsburg, PA 17055
      View Details
    • Contact for pricing

      Land Ready for Build-to-Suit

      3-acre land suitable for up to 18,000 SF building.
      5041 Louise Dr, Mechanicsburg, PA 17055
      View Details
    • $18 SF/Yr
      48,000 SF

      Westport Business Center: Mechanicsburg, PA

      Class A Office Space, 7,088 SF Available
      4550 Lena Dr, Mechanicsburg, PA 17055
      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.
    100 Legacy Dr
    Mechanicsburg, PA 17055
    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

    100 Legacy Dr, Mechanicsburg, PA, 17055

    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!