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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2535 Molly Pitcher Hwy Chambersburg, PA 17202

    • Industrial properties
    • 1,500 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3337529
    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

    • Industrial properties

    Property Details for 2535 Molly Pitcher Hwy

    Year built
    1962
    Lot size
    0.48 lot acres
    Property size
    1,500 SF
    Property type
    Industrial properties

    Description

    This attractive 1,500 square foot brick rancher, situated on a 0.48-acre lot in Chambersburg, Pennsylvania, presents a unique investment opportunity. Located in the Industrial zoning area of Guilford Township, the property offers significant versatility. The main floor boasts three bedrooms and one and a half bathrooms, providing comfortable living space. A mostly finished basement offers the potential for a fourth bedroom, or additional living space, complete with a second fireplace and a full bar – ideal for entertaining or creating a home theater. The main living area features a cozy fireplace, seamlessly connecting the living room, dining area, and kitchen, which opens to a sunroom. Exterior features include a substantial three-car detached garage and additional sheds, providing ample storage. This property's combination of residential features and industrial zoning allows for a wide range of uses, making it an attractive option for both business and residential purposes. The property's location in Chambersburg offers easy access to major transportation routes and local amenities. The flexible layout and generous outdoor space make this property a compelling investment opportunity with significant upside potential. The property is priced at $309,900.

    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
    Chambersburg
    County
    FRANKLIN
    State
    Pennsylvania
    Longitude
    -77.67407
    Latitude
    39.9017

    Comparable in this City

    • $2,200,000
      15,000 SF

      Prime Chambersburg Industrial Space

      Spacious Warehouse, 4+ Acres, I-81 Access
      5785 Sunset Pike, Chambersburg, PA 17202
      View Details
    • Contact for pricing
      624,000 SF

      Industrial Land Available

      Large industrial land parcel available for sale.
      Guilford Spring Rd, Chambersburg, PA 17202
      View Details
    • $464,000
      4.64 Acres

      Kriner Road Industrial Development Site

      Prime I-81 Corridor Distribution Land
      0 Kriner Rd, Chambersburg, PA 17202
      View Details
    • Contact for pricing
      621,400 SF

      High Bay Warehouse Space Available

      447,000 SF high bay warehouse space for lease.
      2294 Molly Pitcher Hwy, Chambersburg, PA 17202
      View Details
    • $199,000
      0.42 Acres

      Chambersburg Commercial Property

      High-traffic location, income potential
      3462 Black Gap Rd, Chambersburg, PA 17202
      View Details
    • $1,548,000
      5.16 Acres

      Chambersburg Commercial Land Opportunity

      5.16 Acres, High-Traffic Location
      0 Wayne Rd, Chambersburg, PA 17202
      View Details

    Similar Nearby for Sale

    • $2,200,000
      15,000 SF

      Prime Chambersburg Industrial Space

      Spacious Warehouse, 4+ Acres, I-81 Access
      5785 Sunset Pike, Chambersburg, PA 17202
      View Details
    • Contact for pricing
      624,000 SF

      Industrial Land Available

      Large industrial land parcel available for sale.
      Guilford Spring Rd, Chambersburg, PA 17202
      View Details
    • $464,000
      4.64 Acres

      Kriner Road Industrial Development Site

      Prime I-81 Corridor Distribution Land
      0 Kriner Rd, Chambersburg, PA 17202
      View Details
    • Contact for pricing
      621,400 SF

      High Bay Warehouse Space Available

      447,000 SF high bay warehouse space for lease.
      2294 Molly Pitcher Hwy, Chambersburg, PA 17202
      View Details
    • $199,000
      0.42 Acres

      Chambersburg Commercial Property

      High-traffic location, income potential
      3462 Black Gap Rd, Chambersburg, PA 17202
      View Details
    • $1,548,000
      5.16 Acres

      Chambersburg Commercial Land Opportunity

      5.16 Acres, High-Traffic Location
      0 Wayne Rd, Chambersburg, PA 17202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      185,000 SF

      Approved Warehouse Space, Rail Capable

      Up to 185,000 SF warehouse space with rail access.
      Nitterhouse Dr, Chambersburg, PA 17202
      View Details
    • Contact for pricing
      1,000,350 SF

      Distribution Facility I-81 Frontage

      Class A distribution facility with I-81 frontage for lease.
      Lighthouse Rd, Chambersburg, PA 17202
      View Details
    • Contact for pricing

      Warehouse/Distribution Building in Chambersburg, PA

      511,000-sf warehouse/distribution building located in Chambersburg, Pennsylvania.
      2999 Guilford Spring Rd, Chambersburg, PA 17202
      View Details
    • Contact for pricing

      Chambersburg Warehouse Space Available

      Warehouse space available for rent in Chambersburg, Pennsylvania.
      Guilford Spring Rd, Chambersburg, PA 17202
      View Details
    • $18 SF/Yr
      15,362 SF

      Chambersburg Executive Office Space

      Prime Chambersburg location, 7,125 sq ft available.
      138 Franklin Farm Ln, Chambersburg, PA 17202
      View Details
    • $18 SF/Yr
      174,047 SF

      Franklin Center Retail Space

      Chambersburg, PA Retail Center - 174,047 SF
      1320 Lincoln Way, Chambersburg, PA 17202
      View Details
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    Chambersburg, PA 17202
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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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