Property profile

0 Highspire Rd Harrisburg, PA 17111

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a remarkable ground lease opportunity in a high-traffic area of Harrisburg, Pennsylvania. Boasting excellent frontage on Eisenhower Road, this property offers unparalleled visibility and accessibility. Its strategic location provides easy access to major thoroughfares, including Route 283 and Route 83, ensuring convenient commutes for employees and customers from surrounding communities such as Hummelstown, Middletown, Camp Hill, and Hershey. The site benefits from its proximity to a robust retail environment, with numerous national retailers nearby. These include, but are not limited to, Raymour and Flanigan, Chick-fil-A, Target, JCPenney, and Dollar General, creating a strong commercial ecosystem and high consumer traffic. The property's size and location make it suitable for a variety of commercial developments, presenting a significant opportunity for investors seeking a high-return investment in a thriving market. The single-tenant designation offers flexibility and control for the future development. This is a rare opportunity to acquire a well-situated commercial land parcel in a rapidly growing area of Dauphin County. The 1.5-acre lot size provides ample space for a substantial development project. This property is zoned for commercial use (verification of zoning with local authorities is recommended).

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highspire Rd Harrisburg, PA 17111
Harrisburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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