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    Property profile & analytics

    4031 Executive Park Dr Harrisburg, PA 17111-1507

    • Office Properties & Spaces
    • 33,397 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimation
    $2,110,000
    Last Sale
    Dec 12, 2024
    $2,100,000
    Location Intelligence
    Property ID
    US73-1617704
    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.

    Current Use by Public Records

    • United Food & Commercial Workers / Labor Union

    Property Details for 4031 Executive Park Dr

    Year built
    1985
    Construction
    FRAME
    Lot size
    2.60 lot acres
    Property size
    33,397 SF
    Property type
    Office Properties & Spaces
    APN
    63-027-158
    APU
    63027158

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,415,000
      6.5%
      $2,230,000
      7%
      $2,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,135,000
      Geo Method
      $1,935,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,930,000
      Retail
      $2,175,000
      Mixed-Use
      $2,135,000
      Hospitality
      $1,910,000
      Educational
      $2,590,000
      Residential Income
      $2,270,000
      Energy
      $2,160,000
      Income-Based Land
      $2,535,000
      Food Service
      $2,660,000

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8165
    Latitude
    40.2471
    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
    2023
    $85,012
    $343,200
    $2,656,800
    $3,000,000
    -
    $343,200
    $2,656,800
    $3,000,000

    Comparable in this City

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    • Value Estimation by Request
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      4700 Un Deposit Rd

      CONDOMINIUM OFFICES • 6,496 SF
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    • Value Estimation
      $560,000
      3,500 SF

      3930 Chambers Hl Rd

      OFFICE (GENERAL) • 3,500 SF
      3930 Chambers Hl Rd, Harrisburg, PA 17111-1508
      View Details
    • Value Estimation
      $1,860,000
      14,700 SF

      940 Park Dr

      OFFICE (GENERAL) • 14,700 SF
      940 Park Dr, Harrisburg, PA 17111-2800
      View Details

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    Harrisburg, PA 17111-1507
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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