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    3401 Hartzdale Dr Camp Hill, PA 17011
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    3401 Hartzdale Dr Camp Hill, PA 17011

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    • Super regional malls
    • 8,180 SF
    • 2.33 lot acres
    For Lease
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    Revitalized Retail Space in Camp Hill For Lease
    Contact for pricing

    Revitalized Retail Space in Camp Hill

    Retail space in a growing commercial hub near major retailers.

    3401 Hartzdale Dr, Camp Hill, PA 17011
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    Property ID
    US73-1651228
    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

    • Dr. Daniel F. Dunn Jr, DMD / Dental Office
    • Edible Arrangements / (Bike/Boat/Book/etc) Store / Florist
    • Camp Hill Barber / Barber Shop
    • Poblano Burrito / Restaurant
    • Happy Nails / Nail Salon

    Property Details for 3401 Hartzdale Dr

    Lot size
    2.33 lot acres
    Property size
    8,180 SF
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    13-23-0551-111C
    APU
    13230551111C

    Description

    Capital City Plaza, a 105,560 square foot Class B strip center in Camp Hill, Pennsylvania, offers exceptional retail space. Located at 3401 Hartzdale Dr, this single-story building, constructed in 1988 and extensively renovated in 2022, sits on a 12.08-acre lot. The property boasts 458 parking spaces and is zoned C4-Regional Commercial in Cumberland County. Multiple spaces are available, ranging from a minimum of 760 square feet to a maximum contiguous space of 3,600 square feet, with a total of 12,560 square feet currently vacant. The property features 100 Amp, 240 Volt power. Its strategic location at the intersection of Hartzdale Drive and Lower Allen Drive provides excellent visibility and accessibility. Capital City Plaza benefits from its proximity to major retailers including a Walmart Supercenter, the expanded Capital City Mall (including Dave & Buster's), and the newly developed Lower Allen Commons (including Trader Joe's). This prime location offers easy access to major highways, placing it within a rapidly growing commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9251
    Latitude
    40.2248
    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
    $16,202
    $413,200
    $386,800
    $800,000
    -
    $413,200
    $386,800
    $800,000

    Comparable in this City

    • Value Estimation
      $5,200,000
      1.12 Acres

      3540 Gettysburg Rd

      REGIONAL SHOPPING CENTER, MALL • 1.12 Acres
      3540 Gettysburg Rd, Camp Hill, PA 17011-6801
      View Details
    • Value Estimation
      $920,000
      587,647 SF

      32 32nd St

      REGIONAL SHOPPING CENTER, MALL • 587,647 SF
      32 32nd St, Camp Hill, PA 17011-4401
      View Details
    • Value Estimation by Request
      4,823 SF

      34 Erford Rd

      REGIONAL SHOPPING CENTER, MALL • 4,823 SF
      34 Erford Rd, Camp Hill, PA 17011-2303
      View Details
    • Value Estimation
      $1,985,000
      95,100 SF

      3401 Hartzdale Dr

      REGIONAL SHOPPING CENTER, MALL • 95,100 SF
      3401 Hartzdale Dr, Camp Hill, PA 17011-7200
      View Details
    • Value Estimation
      $10,000,000

      3545 Gettysburg Rd

      REGIONAL SHOPPING CENTER, MALL
      3545 Gettysburg Rd, Camp Hill, PA 17011-6802
      View Details
    • Value Estimation
      $605,000
      21,008 SF

      3300 Hartzdale Dr

      REGIONAL SHOPPING CENTER, MALL • 21,008 SF
      3300 Hartzdale Dr, Camp Hill, PA 17011-7236
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,912 SF

      Grocery-Anchored Retail Center For Sale

      Newly constructed, fully leased retail center anchored by Trader Joe’s.
      3539-3545 Gettysburg Rd, Camp Hill, PA 17011
      View Details
    • Contact for pricing
      123,214 SF

      Camp Hill Shopping Center For Sale

      Grocery-anchored shopping center in Camp Hill, Pennsylvania.
      3433 Simpson Ferry Rd, Camp Hill, PA 17011
      View Details
    • Contact for pricing
      3,546 SF

      Camp Hill Contemporary Office Building

      Contemporary office building in Camp Hill, 100% occupied.
      3800 Market St, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Gettysburg Rd Commercial Land Available

      2.24 acre commercial land near Capital City Mall.
      2511 Gettysburg Rd, Camp Hill, PA 17011
      View Details
    • $8,250,000

      Retail/Flex Building on 11+ Acres

      106,000 SF retail/flex building with ample parking.
      3805 Hartzdale Dr, Camp Hill, PA 17011
      View Details
    • Contact for pricing
      4,500 SF

      Camp Hill Commercial Space Available

      Contemporary building with natural light, suitable for office or retail.
      3820 Market St, Camp Hill, PA 17011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,714 SF

      Camp Hill Retail Opportunity

      Retail space in a strategically positioned Camp Hill shopping center.
      3431-3437 Simpson Ferry Rd, Camp Hill, PA 17011
      View Details
    • $9 SF/Yr

      Retail/Flex Building with Large Parking

      106,000 SF retail/flex building on 11+ acre site.
      3805 Hartzdale Dr, Camp Hill, PA 17011
      View Details
    • $2,300 /Mo
      1,400 SF

      Retail Space in Camp Hill

      Retail space in a well-traveled Camp Hill shopping center.
      1104 Carlisle Rd, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Revitalized Retail Space in Camp Hill

      Retail space in a growing commercial hub near major retailers.
      3401 Hartzdale Dr, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Capital City Mall Retail Opportunity

      618,000 SF shopping mall with strong national anchors.
      3506 Capital City Mall Dr, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Camp Hill Retail Power Center

      Large shopping center with diverse tenant mix in Camp Hill.
      3307 E Trindle Rd, Camp Hill, PA 17011
      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.

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