3800 Market St Camp Hill, PA 17011
- Office buildings
- 12,516 SF
- 0.94 lot acres
Current Use by Public Records
- Focus America Inc / Consultant
- LingaTech / Business Management Consultant
- Keystone Tax / Tax Preparation Service
- The Gianni Cavero-Aponte Team GCA / Real Estate Agent
- Julia M. Pollard, REALTOR® - Joy Daniels Real Estate Group / Real Estate Agent
Property Details for 3800 Market St
- Lot size
- 0.94 lot acres
- Property size
- 12,516 SF
- Property type
- Office buildings
- APN
- 10-21-0275-098
- APU
- 10210275098
Description
This stunning, newly constructed (2023) two-story office building at 3860 Market Street in Camp Hill, Pennsylvania, presents a unique investment opportunity. Boasting 3,000 square feet of net rentable space, this Class C building is currently vacant and available for immediate occupancy, with lease commencement on February 26, 2024. The property features a desirable executive office, medical office, or traditional office layout, adaptable to a variety of needs. The building offers ample natural light, restrooms on each floor, and a convenient coffee bar in the reception area. Rear spaces enjoy breathtaking views of the Conodoguinet Creek. The 0.72-acre lot includes 43 parking spaces, a significant advantage in this high-traffic area. Located on Market Street, the building benefits from exceptional visibility and easy access, surrounded by a thriving commercial district including other office buildings, retailers, and major healthcare providers like Penn State Health at Holy Spirit and Pinnacle Health Services. The COMMERCIAL LIMITED zoning permits diverse uses, including daycare, medical and dental offices, financial services, and personal services. The asking price is $1,500,000 ($500/sq ft), representing a stabilized investment opportunity in a fee-simple ownership structure with a triple net (NNN) lease type. Minimum leaseable space is 1,500 square feet per floor, totaling 3,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $585,000
- 6.5%
- $575,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $595,000
- Retail
- $505,000
- Mixed-Use
- $495,000
- Hospitality
- $480,000
- Educational
- $510,000
- Residential Income
- $555,000
- Energy
- $550,000
- Income-Based Land
- $600,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Camp Hill
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -76.947
- Latitude
- 40.2395
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA