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Property profile & analytics
FOR LEASE
Community centers

1958 Spring Rd Carlisle, PA 17013

2.13 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-2587228
1958 Spring Rd, Carlisle, PA 17013 For Lease
$650,000
1958 Spring Rd, Carlisle, PA 17013
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Property summary
AI-generated overview

This exceptional 2,240-square-foot retail space, situated at 1958 Spring Road in Carlisle, Pennsylvania, presents a compelling investment opportunity. Previously occupied by a bank and a restaurant, this single-tenant property boasts a highly visible location directly on Spring Road, benefiting from an estimated 8,000 vehicles passing daily. The 2.13-acre lot provides ample parking for customers and employees, ensuring convenient access. Its strategic location near the Carlisle exit of the Pennsylvania Turnpike and the Carlisle Fair Grounds guarantees significant foot traffic and exposure to a large customer base. The property's proximity to established national retailers like Karns, Family Dollar, and Rite Aid further enhances its appeal and potential for success. This versatile space is ideal for a variety of retail uses, office spaces, or even a restaurant, offering a unique blend of accessibility, visibility, and established commercial presence within a thriving community in Cumberland County. The property's size and location make it an attractive option for businesses seeking a prominent presence in a high-traffic area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Lot 2.13 ac (92,783 SF)
APN 29-16-1094-192
UPID US73-2587228
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k
Owner & transaction history
Diwa2 LLC · 4 yrs held
Diwa2 LLC
since 2022
Last sale
$615,000
6 recorded transactions
2024
Price N/A
2023
Price N/A
2022
$615,000
2018
$750,000
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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