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    6416 Carlisle Pike Rte Mechanicsburg, PA 17050
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    6416 Carlisle Pike Rte Mechanicsburg, PA 17050

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    • Lifestyle centers
    • 569,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 6416 Carlisle Pike Rte

    Property size
    569,000 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Silver Spring Square, a prime retail location in Mechanicsburg, Pennsylvania, offers 7,018 square feet of vacant space within a 569,000 square foot shopping center. This exceptional opportunity is situated at the high-traffic intersection of Carlisle Pike (Route 11), boasting over 40,000 vehicles per day. The property enjoys a central location, providing excellent visibility and accessibility to residents and commuters alike. With an impressive 5.9 million annual visits and approximately 736,000 visitors, Silver Spring Square is a thriving retail hub serving Mechanicsburg, Camp Hill, and Carlisle. The center's success is further evidenced by the over 100% year-over-year growth experienced by an existing tenant, Ulta Beauty. This strategic location offers easy access via major highways I-81, I-83, and I-76 (Pennsylvania Turnpike). The property features a prominent signalized main entrance, along with additional access and egress points, and ample parking for customer convenience. Available spaces range from 2,500 to 4,518 contiguous square feet, making it ideal for a variety of retail uses. The property is located in Cumberland County, Pennsylvania, with the address being 6416 Carlisle Pike (Route 11), Mechanicsburg, PA 17050.

    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
    -77.0089
    Latitude
    40.2488

    Comparable in this City

    • Value Estimation by Request
      243,000 SF

      4900 Carlisle Pike

      Neighborhood centers • 243,000 SF
      4900 Carlisle Pike, Mechanicsburg, PA 17050
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    • Value Estimation by Request
      276,733 SF

      5950 Carlisle Pike.

      Neighborhood centers • 276,733 SF
      5950 Carlisle Pike., Mechanicsburg, PA 17050
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    • Value Estimation
      $565,000
      11.26 Acres

      6560 Carlisle Pike

      MINI-MALL • 11.26 Acres
      6560 Carlisle Pike, Mechanicsburg, PA 17050-8246
      View Details
    • Value Estimation by Request
      2,968 SF

      6520 Carlisle Pike

      MINI-MALL • 2,968 SF
      6520 Carlisle Pike, Mechanicsburg, PA 17050-5251
      View Details
    • Value Estimation
      $3,605,000
      228,719 SF

      4830 Carlisle Pike

      MINI-MALL • 228,719 SF
      4830 Carlisle Pike, Mechanicsburg, PA 17050-7707
      View Details
    • Value Estimation
      $4,055,000
      231,631 SF

      95 Gtwy Dr

      MINI-MALL • 231,631 SF
      95 Gtwy Dr, Mechanicsburg, PA 17050-2904
      View Details

    Similar Nearby for Sale

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      28,380 SF

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      Retail space with high visibility in a strong market.
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    • $850,000

      Established Corner Retail/Restaurant Opportunity

      Corner retail/restaurant for sale with high traffic volume.
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      Retail Space on Carlisle Pike

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      6100 Carlisle Pike, Mechanicsburg, PA 17050
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      Retail Space on Carlisle Pike

      Retail space available with high visibility and traffic.
      4713 Carlisle Pike, Mechanicsburg, PA 17050
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    • $850,000
      1,100 SF

      Corner Retail/Restaurant Opportunity

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      5155 Simpson Ferry Rd, Mechanicsburg, PA 17050
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    • Contact for pricing

      Carlisle Pike Development Opportunity

      3.83 acres on high-traffic commercial corridor.
      6230 Carlisle Pike, Mechanicsburg, PA 17050
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    Similar Nearby for Lease

    • Contact for pricing

      High-Traffic Retail Space Available

      Retail space in a high-visibility, high-traffic shopping center.
      6416 Carlisle Pike Rte 11, Mechanicsburg, PA 17050
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    • Contact for pricing
      11,707 SF

      Retail Space in Windsor Park

      Retail space available in established Mechanicsburg shopping center.
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      1,199 SF

      Mechanicsburg Retail Space Available

      Retail spaces for lease in high-visibility Mechanicsburg shopping center.
      5202-5260 Simpson Ferry Rd, Mechanicsburg, PA 17050
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    • Contact for pricing
      4,518 SF

      Prime Retail Space on Carlisle Pike

      High-traffic retail space in Silver Spring Square.
      6416 Carlisle Pike, Mechanicsburg, PA 17050
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    • Contact for pricing

      Retail Center on Carlisle Pike

      Retail space available in Mechanicsburg with high traffic and visibility.
      5950 Carlisle Pike, Mechanicsburg, PA 17050
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      Retail Space on Carlisle Pike

      Grocery-anchored retail shopping center with high visibility and access.
      4900 Carlisle Pike, Mechanicsburg, PA 17050
      View Details
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    Mechanicsburg, PA 17050
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    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
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    6416 Carlisle Pike Rte, Mechanicsburg, PA, 17050
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