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    Property profile & analytics

    2507 Gettysburg Rd Camp Hill, PA 17011

    • Office buildings
    • 2,178 SF
    • 0.50 lot acres
    For Sale
    View listing
    Last Sale
    Mar 09, 2021
    $260,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1578972
    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

    • Madeira Chiropractic / Alternative Medicine Practice
    • Christine Higgins Psy.D / Physician / Medical Clinic
    • Massage Therapy Associates / Alternative Medicine Practice / Spa & Massage Center
    • Julie Niedwick / Alternative Medicine Practice

    Property Details for 2507 Gettysburg Rd

    Lot size
    0.50 lot acres
    Property size
    2,178 SF
    Property type
    Office buildings
    APN
    13-23-0551-114
    APU
    13230551114

    Description

    This exceptional commercial land parcel, located at 2507 Gettysburg Road, presents a unique investment opportunity. The 0-square-foot lot is zoned C-2, allowing for a wide variety of retail uses. Its strategic corner location at the signalized intersection of Gettysburg Road and Hartzdale Drive provides excellent visibility and accessibility. The property benefits from its proximity to several established retail centers, including Capital City Mall, Capital City Plaza, and Hartzdale Plaza, as well as the recently redeveloped Lower Allen Commons, home to popular national brands such as Trader Joe's, SpringHill Suites by Marriott, Chick-fil-A, Bonefish Grill, Texas Roadhouse, and Burger King. This high-traffic area ensures significant potential for customer reach and business success. The property is available for both sale and ground lease options. For the ground lease option, the owner will deliver a pad with utilities already installed, simplifying the development process. Permitted uses under the C-2 zoning include restaurants (with drive-thru capabilities), car washes, and financial institutions, among other possibilities. This prime location and flexible options make this an ideal site for a variety of retail ventures. The property's strategic placement and the surrounding commercial activity make it a compelling investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9259
    Latitude
    40.228
    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
    $4,557
    $103,600
    $121,400
    $225,000
    -
    $103,600
    $121,400
    $225,000

    Comparable in this City

    • Value Estimation by Request
      508,952 SF

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      OFFICE BUILDING • 508,952 SF
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      $2,215,000
      11,252 SF

      3920 Market St

      OFFICE BUILDING • 11,252 SF
      3920 Market St, Camp Hill, PA 17011-4202
      View Details
    • Value Estimation
      $3,465,000
      17,612 SF

      3500 Market St

      OFFICE BUILDING • 17,612 SF
      3500 Market St, Camp Hill, PA 17011-4354
      View Details
    • Value Estimation
      $3,765,000
      1.48 Acres

      3314 Market St

      OFFICE BUILDING • 1.48 Acres
      3314 Market St, Camp Hill, PA 17011-4465
      View Details
    • Value Estimation
      $1,200,000
      6,089 SF

      4665 Trindle Rd

      OFFICE BUILDING • 6,089 SF
      4665 Trindle Rd, Shiremanstown, PA 17011
      View Details
    • Value Estimation
      $520,000
      0.64 Acres

      3510 Trindle Rd

      OFFICE BUILDING • 0.64 Acres
      3510 Trindle Rd, Camp Hill, PA 17011-4439
      View Details

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    Similar Nearby for Lease

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      Turn-Key Office Building For Rent

      Recently renovated office building in Camp Hill, PA for rent.
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      Class A Office Sublease

      Class A office space available for sublease in Camp Hill.
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      Professional Office Building on Carlisle

      Professional office building with unmatched visibility and convenient location.
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      Grandview Corporate Place Office Suites

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    2507 Gettysburg Rd
    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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