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    Property profile & analytics

    1515 Commerce Ave Carlisle, PA 17015-9586

    • Showrooms
    • 12,000 SF
    • 2.75 lot acres
    OFF-MARKET
    Value Estimation
    $1,955,000
    Last Sale
    Mar 28, 2025
    $2,400,000
    Location Intelligence
    Property ID
    US73-1536684
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for 1515 Commerce Ave

    Lot size
    2.75 lot acres
    Property size
    12,000 SF
    Property type
    Showrooms
    APN
    40-09-0527-061
    APU
    40090527061

    Description

    This exceptional 15,600-square-foot industrial property, situated on a 2.75-acre lot in Carlisle, Pennsylvania, presents a compelling owner-user opportunity. The building boasts a desirable flex/warehouse configuration, ideal for a variety of uses. Key features include 24-foot clear ceiling heights, three drive-in doors, and a substantial 3,000-square-foot two-story office/showroom space. Its strategic location offers unparalleled access to major transportation arteries, including I-81, US-11, I-76 (PA Turnpike), and I-78, making it perfect for last-mile logistics and distribution. The property's ample lot size allows for extensive drop-lot parking or the potential for fenced outdoor storage. This turnkey facility is situated in a thriving industrial submarket, benefiting from proximity to numerous corporate giants such as Amazon, Apple, PepsiCo, and many others. The asking price is $2,600,000, translating to $166.67 per square foot. The property is zoned for industrial and transportation uses, and its APN is 40-09-0527-061. This highly visible location provides excellent visibility and accessibility, making it an attractive investment for businesses seeking a prime location in Central Pennsylvania.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,320,000
      6.5%
      $2,205,000
      7%
      $2,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,125,000
      Geo Method
      $2,455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,705,000
      Retail
      $2,900,000
      Mixed-Use
      $2,115,000
      Hospitality
      $2,235,000
      Educational
      $2,825,000
      Residential Income
      $2,235,000
      Energy
      $2,105,000
      Income-Based Land
      $2,560,000
      Food Service
      $2,775,000

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.2328
    Latitude
    40.1853
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,999
    $568,800
    $481,000
    $1,049,800
    -
    $568,800
    $481,000
    $1,049,800

    Comparable in this City

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      SHOW ROOM, WAREHOUSE • 13,674 SF
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      View Details

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    1515 Commerce Ave
    Carlisle, PA 17015-9586
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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