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1227 Ritner Hwy Carlisle, PA 17013-9582

OFF-MARKET Investment properties Google Maps
2,039 SF 0.26 ac lot
Individually Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US73-1605721

Property summary

AI-generated overview

This exceptional mixed-use property at 1227 Ritner Highway in Carlisle, PA, presents a unique investment opportunity. The 2,016 square foot building sits on a 0.26-acre lot and boasts a high-visibility, high-traffic location, ideal for a variety of businesses. The first floor offers 1,008 square feet of C-3 zoned commercial space, perfect for service industries. This area features a spacious waiting area, a private office, a half bath, and a kitchenette, allowing for flexible configuration to suit individual business needs. Upstairs, a 1-bedroom, 2-bathroom loft apartment with newly installed carpeting provides excellent rental income potential. Adding to the income potential is a three-bay garage, which can be rented separately or integrated into the business operations. Separate heating and cooling systems for both the commercial and residential units ensure efficient energy management. Furthermore, a substantial corrugated steel storage building, approximately 1,600 square feet, is equipped with three overhead garage doors and an electrical circuit breaker system, though it is unheated. This versatile property offers a blend of commercial and residential income streams, making it an attractive investment in a prime Carlisle location. The asking price is $435,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Total area 2,039 SF
Lot 0.26 ac (11,326 SF)
APN 49-08-0579-012
UPID US73-1605721

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2025
1 recorded transaction
2025
$420,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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