6563 Carlisle Pike Mechanicsburg, PA 17050
- Investment properties
- 1,458 SF
- 4.99 lot acres
Current Use by Public Records
- Investment properties
Property Details for 6563 Carlisle Pike
- Year built
- 1955
- Lot size
- 4.99 lot acres
- Property size
- 1,458 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 38-19-1612-008
- APU
- 38191612008
Description
This exceptional 10.7-acre mixed-use property, located at 6563 Carlisle Pike in Mechanicsburg, Pennsylvania, presents a significant redevelopment opportunity. The property consists of two adjacent parcels (APN 38-19-1612-008 & 38-19-1612-007A) zoned R-1 Residential, offering flexibility for various development plans. Boasting approximately 975 feet of frontage on Carlisle Pike, this location benefits from exceptional visibility and high traffic volume. The average daily traffic count on Carlisle Pike is 11,225 vehicles northbound and 11,600 vehicles southbound, ensuring significant exposure for any future development. The asking price for this prime Cumberland County land is $5,500,000. This substantial acreage provides ample space for a diverse range of commercial and/or residential projects, making it an attractive investment for developers seeking a high-impact location with strong potential for return. The property's strategic location and significant frontage on a major thoroughfare make it an ideal site for a variety of commercial ventures, while the R-1 zoning allows for residential development options as well. This is a rare opportunity to acquire a large parcel of land in a thriving Pennsylvania community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $95,000
- 6.5%
- $95,000
- 7%
- $105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $110,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $90,000
- Retail
- $95,000
- Mixed-Use
- $110,000
- Hospitality
- $90,000
- Educational
- $90,000
- Residential Income
- $110,000
- Energy
- $105,000
- Income-Based Land
- $105,000
- Food Service
- $115,000
Location Insight
- Map
- Local Demand
- City
- Mechanicsburg
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -77.0304
- Latitude
- 40.2451
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA