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

    2920 Market St Camp Hill, PA 17011-4537

    • Investment properties
    • 3,214 SF
    • 0.22 lot acres
    OFF-MARKET
    Last Sale
    Mar 13, 2023
    $360,000
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    4.8%
    Investment properties
    Location Intelligence
    Property ID
    US73-2325485
    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

    • Edward Lamarque / Physician

    Property Details for 2920 Market St

    Year built
    1970
    Lot size
    0.22 lot acres
    Property size
    3,214 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01-21-0273-304
    APU
    1210273304

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $510,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $500,000
      6.5%
      $465,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $567,000
      Market price range: $266k - $692k
      AI Estimate
      $507,000
      Market price range: $280k - $624k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $495,000
      Current use
      OFFICE BUILDING
      $495,000
      Change: +0% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9306
    Latitude
    40.2404
    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
    $8,718
    $43,900
    $308,800
    $352,700
    -
    $43,900
    $308,800
    $352,700

    Comparable in this City

    • Value Estimation by Request
      2,310 SF

      1950 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,310 SF
      1950 Market St, Camp Hill, PA 17011-4701
      View Details
    • Value Estimation by Request
      1,404 SF

      99 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,404 SF
      99 36th St, Camp Hill, PA 17011-2762
      View Details
    • Value Estimation by Request
      2,002 SF

      1603 Carlisle Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,002 SF
      1603 Carlisle Rd, Camp Hill, PA 17011-7506
      View Details
    • Value Estimation by Request
      1,200 SF

      Gettysburg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      Gettysburg Rd, Camp Hill, PA 17011
      View Details
    • Value Estimation by Request
      1,863 SF

      3118 Harvard Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,863 SF
      3118 Harvard Ave, Camp Hill, PA 17011-5238
      View Details
    • Value Estimation by Request
      0.17 Acres

      1713 Hummel Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.17 Acres
      1713 Hummel Ave, Camp Hill, PA 17011-5530
      View Details

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      Gettysburg Road Corner Land

      Land at the corner of Gettysburg Road and Hartzdale Drive.
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      Turnkey Restaurant Business Opportunity

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      Gettysburg Road Corner Land

      Land available at the corner of Gettysburg Road and Hartzdale.
      2507 Gettysburg Rd, Camp Hill, PA 17011
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    • $1,500,000
      3,000 SF

      Market Street Office Building

      Prime Camp Hill location, modern office space.
      3800 Market St, Camp Hill, PA 17011
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    • $1,195,000
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      Camp Hill Industrial Flex Space

      Owner-User Industrial Property, $1.195M
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    Similar Nearby for Lease

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      Grandview Corporate Place Office Suites

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      West Shore Office Space Available

      Aesthetically pleasing office building in the heart of West Shore.
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      Retail Space in Camp Hill

      Retail space available for lease in Camp Hill, PA.
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    • $2,000 /Mo
      1,344 SF

      Camp Hill Office Building For Lease

      Single-tenant office building with parking in Camp Hill, PA.
      23 W Main St, Camp Hill, PA 17011
      View Details
    • $21 SF/Yr
      42,000 SF

      Camp Hill Class A Office Space

      Premium Harrisburg Office Suites Available
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    • $18 SF/Yr
      18,000 SF

      Prime Camp Hill Office Space

      Class A Executive Suites, 8,000 SF Available
      3500 Market St, Camp Hill, PA 17011
      View Details
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    2920 Market St
    Camp Hill, PA 17011-4537
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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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