Financial
Distress signals
Property profile

401 Louther St Carlisle, PA 17013

OFF-MARKET
Office buildings
Property ID
US73-2610616
58,515 SF 2.56 ac lot
Last sale Oct 2021
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Minerva Mills, located at 401 E. Louther Street in Carlisle, Pennsylvania (17013), offers a unique blend of executive office and warehouse space for lease. This three-story building, originally constructed in 1920 and extensively renovated in 2024, boasts a total of 50,000 square feet. The property sits on a 2.56-acre lot and is zoned for Entranceway Business use. Multiple tenancy is available, with a minimum divisible space of 80 square feet and a maximum contiguous space of 700 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$48k
Tax billed · 2024
Assessed value$2.10M
Assessed land$262k
Assessed improvement$1.84M
Effective rate2.29%

Value estimate

· Sep 2026
$5.13M
$4.61M – $5.64M
Submarket $/SF estimate$5.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
County average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$87 – $177

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop17.5
Realty agency14.9
Storage Facility14.9

Location

401 Louther St Carlisle, PA 17013-2657
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Clay, Carlisle, PA 17013-1581 $319,000 Aug 2025 2,262 SF
16 Pomfret, Carlisle, PA 17013-3216 $180,000 Jul 2025 2,810 SF
26 State, Carlisle, PA 17013-4457 $650,000 Dec 2022 7,312 SF
50 High, Carlisle, PA 17013-3036 $265,000 May 2022 3,186 SF
60 Pomfret, Carlisle, PA 17013-3243 $540,000 Dec 2021 7,410 SF
1415 Ritner, Carlisle, PA 17013-9300 $4,625,000 Jan 2020 17,824 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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