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    2404 Gettysburg Rd Camp Hill, PA 17011
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    Property profile & analytics

    2404 Gettysburg Rd Camp Hill, PA 17011

    View on Map
    • Showrooms
    • 124,902 SF
    • 10.25 lot acres
    For Lease
    $8 SF/Yr
    View Listing →
    Functional Warehouse with Ample Loading For Lease
    $8 SF/Yr

    Functional Warehouse with Ample Loading

    Warehouse featuring 30' ceilings, loading docks, and truck court.

    2404 Gettysburg Rd, Camp Hill, PA 17011
    View Listing
    Property ID
    US73-1332916
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Digitek Computer Products / Computer Wholesaler
    • ARLINGTON / Big Box & Wholesale Store
    • NIVEL / Warehouse & Storage
    • Excel inc. / Business To Business Service

    Property Details for 2404 Gettysburg Rd

    Lot size
    10.25 lot acres
    Property size
    124,902 SF
    Property type
    Showrooms
    APN
    13-23-0549-003
    APU
    13230549003

    Description

    This exceptional 168,660-square-foot industrial property, located at 2404 Gettysburg Road in Camp Hill, Pennsylvania, 17011, presents a unique investment opportunity. Built in 1996 and renovated in 2016, the property boasts a highly functional design ideal for various industrial uses. The warehouse features a substantial 30-foot clear ceiling height, providing ample vertical space for storage and operations. Twelve loading docks ensure efficient loading and unloading, complemented by a 120-foot truck court for easy maneuverability of large vehicles. The property sits on 10.25 acres of land, offering significant outdoor space. The interior includes new T-5 fluorescent light fixtures and a professionally finished office core. The building's robust construction features a steel frame, masonry block, and metal panel exterior. On-site parking is available for delivery vehicles, contributing to streamlined operations. The property is zoned for industrial use and offers low operating expenses, making it a cost-effective solution for businesses seeking efficient and well-maintained warehouse space. Currently, one 43,758 square foot space is available for lease within the larger building. This property offers a blend of functionality, modern amenities, and a strategic location in Camp Hill, Pennsylvania.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,318,000
      Market price range: $10.3M - $26.9M
      AI Estimate
      $10,877,000
      Market price range: $10.9M - $24.2M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $15,800,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9227
    Latitude
    40.2303
    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
    $108,349
    $1,306,400
    $4,043,600
    $5,350,000
    -
    $1,306,400
    $4,043,600
    $5,350,000

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

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      View Details
    • Value Estimation by Request
      8.31 Acres

      811 Spangler Rd

      SHOW ROOM, WAREHOUSE • 8.31 Acres
      811 Spangler Rd, Camp Hill, PA 17011-5823
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    • Value Estimation by Request

      485 Terminal Rd

      SHOW ROOM, WAREHOUSE
      485 Terminal Rd, Shiremanstown, PA 17011-5725
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    • Value Estimation by Request
      0.21 Acres

      St Johns Church Rd

      SHOW ROOM, WAREHOUSE • 0.21 Acres
      St Johns Church Rd, Camp Hill, PA 17011
      View Details
    • Value Estimation
      $11,640,000
      144,865 SF

      460 Sterling St

      SHOW ROOM, WAREHOUSE • 144,865 SF
      460 Sterling St, Camp Hill, PA 17011-5701
      View Details
    • Value Estimation
      $13,625,000
      171,070 SF

      470 Saint Johns Church Rd

      SHOW ROOM, WAREHOUSE • 171,070 SF
      470 Saint Johns Church Rd, Shiremanstown, PA 17011-5753
      View Details

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    Camp Hill, PA 17011
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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