5700 Derry StHarrisburg, PA 17111

  • Industrial properties
  • 12,809 SF
For Sale
$1,250,000 View listing

Property Details for 5700 Derry St

Year built
1965
Lot size
1.96 AC
Property size (Sq ft)
12,809 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
63-015-042
APU
63015042

Description

This exceptional 12,800 square foot flex building in Harrisburg, Pennsylvania, presents a unique investment opportunity. Located at 5700 Derry St, this Class B property sits on a 1.96-acre lot and features a mix of office, showroom, and warehouse space, ideal for a variety of uses. The building, constructed in 1965, offers 1,435 square feet of office/showroom/retail space and 11,374 square feet of shop/warehouse space, perfect for businesses needing both office and storage capabilities. The building boasts a ceiling height ranging from 8 to 9.5 feet, one drive-in door, and one dock-high door, facilitating efficient loading and unloading. Ample parking is available with 14 spaces. The property is zoned for Commercial Limited use and benefits from convenient access to major roadways, including US 322, I-83, and PA 283, providing easy commutes for employees and clients. Currently leased until December 2024, this property offers a strong investment opportunity with potential for lease renegotiation or owner-occupancy starting January 2025. The asking price is $1,250,000, translating to $97.66 per square foot. The property's APN is 63-015-042. This is a rare opportunity to acquire a versatile flex space in a prime Harrisburg location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,367,567
    Hospitality
    $2,168,679
    Educational
    $1,804,315
    Medical
    $1,866,368
    Retail
    $2,806,712
5700 Derry St, Harrisburg, Pennsylvania

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.2634
Longitude
-76.7902
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,360
$151,500
$249,400
$400,900
-
$151,500
$249,400
$400,900

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