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4031 Executive Park Dr Harrisburg, PA 17111-1507

OFF-MARKET Office Spaces Google Maps
33,397 SF 2.6 ac lot Built 1985
Individually Owned 4-yr Hold Free & Clear
Estimated value (blended)
$2.10M
Range $1.89M – $2.31M (±10%)
Property ID US73-1617704

Property summary

AI-generated overview

This exceptional three-story Class B executive office building, located at 4031 Executive Park Drive in Harrisburg, Pennsylvania, presents a unique owner/user investment opportunity. Boasting 33,705 square feet of versatile office space, the property is situated on a generous 3.83-acre lot and includes a gross lease type. Built in 1985, the building offers various office layouts across its three stories, providing ample flexibility for a wide range of business needs. The property is zoned C-L (Limited Commercial District) and features abundant parking. A significant advantage is the inclusion of an adjacent vacant 1.23-acre lot, increasing the overall property size and potential development opportunities. The asking price for this turnkey operation is $2,750,000. The property's APN is 63-027-158 and 63-027-193, and its Harrisburg location offers convenient access to major transportation routes and amenities. This is an exceptional opportunity to acquire a substantial office building in a desirable location. The property's size and included vacant lot provide significant potential for future expansion or development. This is a rare opportunity to own a substantial commercial property in a thriving Pennsylvania market.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Construction FRAME
Total area 33,397 SF
Lot 2.6 ac (113,256 SF)
APN 63-027-158
UPID US73-1617704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advocacy Group

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.10M

Owner & transaction history

since 2022
Last sale
$2.1M
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $3.4M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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