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Property profile & analytics
OFF-MARKET Estimated value $1,665,000
Super regional malls

1706 Spg Rd Carlisle, PA 17013-1176

45,483 SF 4.51 ac lot Built 1969
Individually Owned 2-yr Hold Free & Clear
Property ID
US73-1816455
Property summary
AI-generated overview

Carlisle Plaza, located at 1706 Spring Rd, Carlisle, PA 17013, offers a fantastic retail opportunity. This single-story, 6,492 square foot storefront space is situated within a thriving neighborhood center at the highly visible, signalized intersection of Spring Road and Calvary Road. The property enjoys excellent access and visibility, benefiting from ample parking (272 spaces) and pylon signage. The center is strategically positioned to serve both the Borough of Carlisle and North Middleton Township. Strong anchors include Karns Grocery and Family Dollar, providing significant foot traffic and drawing customers from the surrounding area. The location also offers convenient proximity to Member's First Bank, Rite Aid, the Carlisle Fairgrounds, and Carlisle Barracks. This space is ideal for a retailer seeking a prominent location in a growing commercial corridor. The property is in Cumberland County and easily accessible from Sterretts Gap Ave. This is a rare opportunity to secure a substantial retail space in a well-established and highly visible location.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1969
Total area 45,483 SF
Lot 4.51 ac (196,456 SF)
APN 29-17-1585-213
UPID US73-1816455
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
  • Family Dollar Discount Store
  • Debra L. Margeson, RPH Pharmacy
  • Margo Bitcoin ATM Atm Crypto Atm
  • Carlisle Plaza Shopping Center Shopping Center & Mall
  • Karns Foods Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.67M
Owner & transaction history
Commonwealth Of Pennsylvania · 2 yrs held
Commonwealth Of Pennsylvania
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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