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Property profile & analytics
OFF-MARKET Estimated value $2,000,000
Office buildings

1200 Walnut Btm Rd Carlisle, PA 17015-7766

18,576 SF 2 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-2382506
Property summary
AI-generated overview

This Carlisle, PA commercial property at 1200 Walnut Bottom Road offers a variety of office spaces for lease, totaling 24,442 square feet across a single, Class C building on a 2-acre lot. The property is zoned C-2 Commercial and features 94 parking spaces. Multiple suites are available, ranging from approximately 700 square feet to a maximum contiguous space of approximately 4,296 square feet. The entire third floor (approximately 4,296 square feet minimum divisible space of 1,415 square feet) is available and includes private offices, a kitchenette, conference rooms, and a large additional room. On the second floor, a 700 square foot suite is available, and the first floor offers a 1,000 square foot suite with three private offices and a large room suitable for use as an office or conference room. Additionally, a 0.75-acre pad site is available for lease, with a concept plan outlining a potential 10,500 square foot, two-story building with 35 parking spaces. The property's address is 1200 Walnut Bottom Road, Carlisle, PA 17015. The property is suitable for various office uses, including traditional, medical, creative, and executive office spaces. The building has a total of 27 suites. Currently, 5,296 square feet of space is vacant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 18,576 SF
Lot 2 ac (87,120 SF)
APN 40-23-0604-008
UPID US73-2382506
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bare Canvas Hair Salon Nail Salon
  • Dynamic Massage Therapy Alternative Medicine Practice Spa & Massage Center
  • Dr. Cynthia Christenson Physician Medical Clinic
  • Bolio Family Therapy Crisis Center Medical Clinic
  • Heartland Hospice Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$2.00M
Owner & transaction history
1200 Walnut Bottom Associates · 4 yrs held
1200 Walnut Bottom Associates
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.3M +32.6%
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