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    Property profile & analytics

    1582 Holly Pike Carlisle, PA 17015

    • Investment properties
    • 6,917 SF
    • 2.06 lot acres
    For Sale
    View listing
    $1,250,000
    Value Estimation
    Location Intelligence
    Property ID
    US73-5948653
    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

    • Mike's Woodworks Plus / Antique Store

    Property Details for 1582 Holly Pike

    Lot size
    2.06 lot acres
    Property size
    6,917 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    40-10-0632-017
    APU
    40100632017

    Description

    This exceptional investment opportunity presents a thriving Carlisle, Pennsylvania restaurant and motel complex. The property encompasses a substantial 8,064 square feet situated on a generous 2.06-acre lot, zoned C-2 Commercial. The main structure houses a fully equipped 4,250 square foot restaurant, ready for immediate operation. A separate building offers 13 rentable motel rooms, generating supplemental weekly income. This turnkey operation includes all furniture, fixtures, and equipment (FF&E), significantly streamlining the transition for a new owner. A valuable Cumberland County "H" Liquor License is also included in the sale, adding considerable value and potential. Conveniently located just 10 minutes from Interstate 81 and the Pennsylvania Turnpike, this property benefits from excellent accessibility and high visibility. The property's APN is 40-10-0632-017, and the asking price is $1,250,000. This is a rare chance to acquire a well-established, income-producing business with significant upside potential in a desirable location. Don't miss this opportunity to own a thriving restaurant and motel complex in the heart of Carlisle.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $350,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $380,000
      Mixed-Use
      $325,000
      Hospitality
      $310,000
      Educational
      $370,000
      Residential Income
      $400,000
      Energy
      $330,000
      Income-Based Land
      $355,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.1965
    Latitude
    40.1534
    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
    $6,639
    $128,000
    $282,000
    $410,000
    -
    $128,000
    $282,000
    $410,000

    Comparable in this City

    • Value Estimation by Request
      1,785 SF

      1953 Holly Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 1,785 SF
      1953 Holly Pike, Carlisle, PA 17015-7514
      View Details
    • Value Estimation
      $265,000
      2,949 SF

      817 Lindsey Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,949 SF
      817 Lindsey Rd, Carlisle, PA 17015-9223
      View Details
    • Value Estimation
      $320,000
      816 SF

      12 Mooredale Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 816 SF
      12 Mooredale Rd, Carlisle, PA 17015-9377
      View Details
    • Value Estimation
      $405,000
      2,016 SF

      255 Mt Zion Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,016 SF
      255 Mt Zion Rd, Carlisle, PA 17015-8919
      View Details
    • Value Estimation
      $500,000
      3,411 SF

      726 Petersburg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,411 SF
      726 Petersburg Rd, Carlisle, PA 17015-9231
      View Details
    • Value Estimation by Request
      1,426 SF

      1505 Pne Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,426 SF
      1505 Pne Rd, Carlisle, PA 17015-7906
      View Details

    Similar Nearby for Sale

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      View Details
    • Contact for pricing
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    1582 Holly Pike
    Carlisle, PA 17015
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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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