1000 Nationwide Dr Harrisburg, PA 17110
- Parking lots & garages
- 2.11 lot acres
Current Use by Public Records
- Nationwide Insurance Co: Schofield Andrea / Insurance Agency
- ATM / Atm
- Mechanicsburg Car Insurance / Auto Insurance Agency
Property Details for 1000 Nationwide Dr
- Year built
- 2000
- Lot size
- 2.11 lot acres
- Property type
- Parking lots & garages
- APN
- 62-023-027
- APU
- 62023027
Description
This exceptional 165,000-square-foot office building presents a rare investment opportunity in Harrisburg, Pennsylvania. Located at 1000 Nationwide Drive, this prominent three-story building, constructed in 1976 and renovated in 2009, sits on a substantial 17.57-acre lot. Its prime location offers unparalleled visibility, boasting 1,575 feet of frontage on I-81, with easy access to the I-81/Progress Avenue interchange. The property benefits from its proximity to major roadways, including I-83 and Route 22, both within a five-minute drive. This strategic location places the building near numerous amenities, including the Shoppes at Susquehanna Marketplace, Colonial Park Mall, and a concentration of restaurants, banks, healthcare facilities, and hotels. The building itself features a large cafeteria with a full kitchen, a fitness center, and ample conference and training facilities. Above-standard parking (8 spaces per 1,000 square feet) provides flexibility for various uses. The existing furniture, fixtures, and equipment (FF&E) offer a turnkey opportunity for immediate occupancy. The property's high visibility and convenient location make it ideal for a variety of users, including corporate headquarters, medical offices, and traditional office spaces. The property's Assessed Parcel Number (APN) is 62-023-027. This vacant building offers significant potential for owner-users seeking a substantial and well-situated office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,450,000
- 6.5%
- $4,885,000
- 7%
- $5,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,990,000
- Geo Method
- $5,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,775,000
- Retail
- $5,285,000
- Mixed-Use
- $6,420,000
- Hospitality
- $5,770,000
- Educational
- $6,005,000
- Residential Income
- $5,095,000
- Energy
- $6,345,000
- Income-Based Land
- $4,970,000
- Food Service
- $6,345,000
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8477
- Latitude
- 40.3062
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA