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Property profile & analytics
OFF-MARKET Estimated value $9,700,000
Warehouses

1351 Eisenhower Blvd Harrisburg, PA 17111-2341

34,650 SF 8.17 ac lot Built 2002
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5790105
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 81,200-square-foot industrial flex business park in Harrisburg, Pennsylvania's desirable Eisenhower Boulevard location. The property comprises two single-story buildings constructed between 2001 and 2003, situated on 8.17 acres of land zoned for Limited Manufacturing. With eight tenants occupying 100% of the space, this multi-tenant property offers a diverse and stable income stream, featuring staggered lease expirations and built-in rent bumps. The buildings boast 14 loading docks, 80 parking spaces, and a flexible layout accommodating tenants ranging from 2,450 to 7,500 square feet. The strategic location provides easy access to major interstates (I-81/78, 83, and 76), offering seamless connectivity to the Northeast and Mid-Atlantic regions. Proximity to significant employers, including Penn State Hershey Medical Center and Hershey Food Corporation, further enhances the property's appeal. The property benefits from the robust Central Pennsylvania industrial market, fueled by regional parcel hubs, intermodal yards, and deep-water port access. This fee-simple offering presents a rare chance to acquire a well-maintained, high-occupancy industrial asset with significant value-add potential through near-term rent adjustments. The property is professionally managed, with no deferred maintenance, ensuring a smooth transition for the new owner. This prime location, coupled with the strong tenant base and excellent access to transportation networks, makes this a compelling investment opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Total area 34,650 SF
Lot 8.17 ac (355,885 SF)
APN 63-062-094
UPID US73-5790105
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
  • Spectra Contract Flooring General Contractor Renovation Specialist
  • Amersham Health Health
  • RestoreCore Construction Company General Contractor
  • Harrisburg News Co Media Distribution Postal Service
  • ADI Global Distribution - Harrisburg Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.70M
Owner & transaction history
Eisenhower Blvd Associates LLC · 1 yrs held
Eisenhower Blvd Associates LLC
since 2024
Last sale
$9.7M
7 recorded transactions
2024
Price N/A
2024
$9.7M
2011
Price N/A
2006
$5.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $6.5M +245.1%
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