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Property profile & analytics
FOR SALE
Office Spaces

1201 Fulling Mill Rd Middletown, PA 17057

38,280 SF 5.01 ac lot Built 1997
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US73-2349017
Property summary
AI-generated overview

This exceptional Class A executive office building, located at 1201 Fulling Mill Road in Middletown, Pennsylvania, presents a unique investment opportunity for owner-users and investors alike. The property encompasses 59,637 square feet across three stories, situated on a generous 5.01-acre lot. Built in 1997, the building boasts ample parking with 168 spaces, catering to the needs of a substantial workforce. Its zoning designation is CP-L Industrial Park Limited. The property's strategic location offers unparalleled convenience and accessibility. It's within a five-minute drive of Harrisburg International Airport, providing seamless travel for employees and clients. Furthermore, the building enjoys easy access to major highways, ensuring effortless commutes and efficient logistics. The multi-tenant structure is ideal for a variety of business needs, offering flexibility and scalability. The property's prime location in Dauphin County, Pennsylvania, places it near a variety of restaurants and retailers, enhancing the overall appeal and convenience for occupants. The APN is 36-009-359. This is a rare opportunity to acquire a high-quality, well-located commercial property in a thriving area of Central Pennsylvania. The building's size, amenities, and location combine to create a compelling investment prospect.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1997
Total area 38,280 SF
Lot 5.01 ac (218,236 SF)
APN 36-009-359
UPID US73-2349017
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.16M
Comparable Approach Comparable
$5.65M
Blend (final) Blend
$5.74M
Owner & transaction history
Waterford Med Partners LP · 5 yrs held
Waterford Med Partners LP
since 2021
3 recorded transactions
2021
Price N/A
2021
$3.5M
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $6.3M +70.3%
Auto repair, garage $6.2M +67.2%
Retail stores $5.6M +49.3%
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