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    3500 Market St Camp Hill, PA 17011
    Property profile & analytics

    3500 Market St Camp Hill, PA 17011

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    • Office buildings
    • 17,612 SF
    • 2.18 lot acres
    For Lease
    $18 SF/Yr
    View Listing →
    Class A Office Suite Available For Lease
    $18 SF/Yr
    18,000 SF

    Class A Office Suite Available

    Highly visible Class A office space for lease in Camp Hill.

    3500 Market Street, Camp Hill, PA 17011
    View Listing
    Property ID
    US73-1257318
    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

    • Greta Slagill at CrossCountry Mortgage, LLC / Loan Service / Bank
    • CrossCountry Mortgage, LLC / Loan Service / Bank
    • TeamLMI / Training Center
    • Ameriprise Financial / Financial Advisor
    • Terri Milne at CrossCountry Mortgage / Loan Service / Bank

    Property Details for 3500 Market St

    Lot size
    2.18 lot acres
    Property size
    17,612 SF
    Property type
    Office buildings
    APN
    10-21-0275-090
    APU
    10210275090

    Description

    This exceptional Class A office building, located at 3500 Market Street in Camp Hill, Pennsylvania, presents a unique opportunity for businesses seeking prestigious and functional space. The property boasts a total of 18,000 square feet, with 8,000 square feet currently available for lease. Situated on a 1.5-acre lot, this two-story building offers a highly visible presence at the intersection of 35th and Market Street (Carlisle Pike), providing excellent accessibility to Route 581 and Routes 11/15. Built in 1989, the building features attractive ribbon windows and a beautiful atrium lobby, reflecting its meticulous upkeep. The available space is ideal for executive or professional office use, offering 8.5-foot ceilings and ample natural light. The building provides 90 parking spaces for tenants and employees, ensuring convenient access. The property is zoned for commercial use and benefits from a 600-amp electrical power supply. Modern conveniences include elevators for easy access to both floors. Its central location in Camp Hill offers proximity to a wide array of West Shore amenities, including restaurants, fitness centers, and retail establishments. This is an exceptional opportunity to secure a highly desirable office space in a thriving commercial area of Cumberland County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,980,000
      6.5%
      $3,670,000
      7%
      $3,410,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,679,000
      Market price range: $1.53M - $3.68M
      AI Estimate
      $3,041,000
      Market price range: $845k - $3.04M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,720,000
      Current use
      COMMERCIAL (GENERAL)
      $2,720,000
      Change: -0% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,230,000
      Change: -18% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9423
    Latitude
    40.2397
    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
    $48,697
    $545,000
    $2,888,500
    $3,433,500
    -
    $545,000
    $2,888,500
    $3,433,500

    Comparable in this City

    • Value Estimation
      $3,575,000
      29,776 SF

      1200 Cp Hl Byp

      OFFICE BUILDING • 29,776 SF
      1200 Cp Hl Byp, Camp Hill, PA 17011-3700
      View Details
    • Value Estimation
      $700,000
      1,960 SF

      3130 Morningside Dr

      OFFICE BUILDING • 1,960 SF
      3130 Morningside Dr, Camp Hill, PA 17011-5820
      View Details
    • Value Estimation
      $715,000
      5,748 SF

      3514 Trindle Rd

      OFFICE BUILDING • 5,748 SF
      3514 Trindle Rd, Camp Hill, PA 17011-4444
      View Details
    • Value Estimation
      $1,105,000
      9,760 SF

      4661 Trindle Rd

      OFFICE BUILDING • 9,760 SF
      4661 Trindle Rd, Shiremanstown, PA 17011-5603
      View Details
    • Value Estimation
      $1,275,000
      11,148 SF

      3705 Trindle Rd

      OFFICE BUILDING • 11,148 SF
      3705 Trindle Rd, Camp Hill, PA 17011-4334
      View Details
    • Value Estimation
      $1,700,000

      55 Utley Dr

      OFFICE BUILDING
      55 Utley Dr, Camp Hill, PA 17011-8028
      View Details

    Similar Nearby for Sale

    • $1,550,000
      6,400 SF

      Camp Hill Office Building

      6,400 SF office building for sale in Camp Hill.
      3912 Trindle 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
      4,500 SF

      Camp Hill Market Street Property

      Fully leased commercial property on Market Street in Camp Hill.
      3900 Market St, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Class A Office Space Available

      Class A office building with on-site amenities and ample parking.
      200 Corporate Center Dr, Camp Hill, PA 17011
      View Details
    • Contact for pricing
      29,300 SF

      Camp Hill Multi-Tenant Office Investment

      Multi-tenant office building in Camp Hill, fully leased or owner-occupied.
      355 N 21St St, 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

      Class-A Office Space Available

      Class-A office space for lease in Camp Hill, PA.
      275 Grandview Ave, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Renovated Office Building For Lease

      Class A office space available in Camp Hill, PA.
      101 Erford Rd, Camp Hill, PA 17011
      View Details
    • $15 SF/Yr

      Professional Office Building on Carlisle

      Professional office building with unmatched visibility and convenient location.
      4242 Carlisle Pike, Camp Hill, PA 17011
      View Details
    • $171,514
      12,251 SF

      Class A Office Sublease

      Class A office space available for sublease in Camp Hill.
      425 North 21St St, Camp Hill, PA 17011
      View Details
    • Contact for pricing

      Grandview Avenue Office Space Available

      Office building with convenient location and upcoming improvements.
      205 Grandview Ave, Camp Hill, PA 17011
      View Details
    • $12 SF/Yr

      West Shore Office Space Available

      Aesthetically pleasing office building in the heart of West Shore.
      3507 Market St, Camp Hill, PA 17011
      View Details
    View Listing
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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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