Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    412 Erford Rd Camp Hill, PA 17011-1117

    • Medical offices
    • 2,640 SF
    • 0.39 lot acres
    OFF-MARKET
    Last Sale
    Mar 21, 2023
    $340,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2529291
    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

    • Plotica Gregory / Psychologist
    • Gipe Christopher / Psychologist
    • Guidance Associates of Pa / Psychologist
    • Stecher Eugene / Psychologist
    • Graybill Dennis / Psychologist

    Property Details for 412 Erford Rd

    Lot size
    0.39 lot acres
    Property size
    2,640 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    09-17-1042-078
    APU
    9171042078

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Camp Hill
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.9273
    Latitude
    40.2722
    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
    $6,019
    $96,400
    $212,700
    $309,100
    -
    $96,400
    $212,700
    $309,100

    Comparable in this City

    • Value Estimation by Request
      1,173 SF

      1900 Chestnut St

      MEDICAL BUILDING • 1,173 SF
      1900 Chestnut St, Camp Hill, PA 17011-5406
      View Details
    • Value Estimation by Request
      3,192 SF

      3912 Trindle Rd

      MEDICAL BUILDING • 3,192 SF
      3912 Trindle Rd, Camp Hill, PA 17011-4246
      View Details
    • Value Estimation
      $680,000
      7,200 SF

      1851 Ctr St

      MEDICAL BUILDING • 7,200 SF
      1851 Ctr St, Camp Hill, PA 17011-1700
      View Details
    • Value Estimation by Request
      1,884 SF

      1822 Market St

      MEDICAL BUILDING • 1,884 SF
      1822 Market St, Camp Hill, PA 17011-4824
      View Details
    • Value Estimation by Request
      0.25 Acres

      605 Saint Johns Rd

      MEDICAL BUILDING • 0.25 Acres
      605 Saint Johns Rd, Camp Hill, PA 17011-6829
      View Details
    • Value Estimation by Request
      1,772 SF

      201 32nd St

      MEDICAL BUILDING • 1,772 SF
      201 32nd St, Camp Hill, PA 17011-5103
      View Details

    Similar Nearby for Sale

    • $3,200,000
      29,300 SF

      Camp Hill Office Building Investment

      29,300 SF Office Building, Value-Add Opportunity
      355 21St St, Camp Hill, PA 17011
      View Details
    • Contact for pricing
      24,996 SF

      Camp Hill Office Building

      24,996 SF Office Space, Excellent Location
      207 House Ave, Camp Hill, PA 17011
      View Details
    • $1,500,000
      3,000 SF

      Market Street Office Building

      Prime Camp Hill location, modern office space.
      3800 Market St, Camp Hill, PA 17011
      View Details
    • $1,850,000

      Leased Office/Retail Building For Sale

      Fully leased office/retail building in prime Camp Hill location.
      3900 Market St, Camp Hill, PA 17011
      View Details
    • New
      $945,000
      0.53 Acres

      Turn Key Medical/Office Building

      Camp Hill medical/office building, partially leased, convenient location.
      104 Erford Rd, Camp Hill, PA 17011
      View Details
    • $1,800,000
      4,500 SF

      Camp Hill Office Building For Sale

      Modern Office Space, Prime Location
      3820 Market St, Camp Hill, PA 17011
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,575 SF

      Camp Hill Commercial Space Available

      Office, retail, and medical spaces for lease in Camp Hill.
      405 Saint Johns Church Rd, Camp Hill, PA 17011
      View Details
    • $18 SF/Yr
      24,996 SF

      Prime Camp Hill Office Space

      Class B Office Building, Multiple Suites Available
      207 House Ave, Camp Hill, PA 17011
      View Details
    • $20 SF/Yr
      2,854 SF

      Camp Hill Office Space Available

      Modern office, prime Camp Hill location.
      3820 Market St, Camp Hill, PA 17011
      View Details
    • $19 SF/Yr
      58,701 SF

      Camp Hill Office Building For Sale

      Class A Office Space, Abundant Parking
      275 Grandview Ave, Camp Hill, PA 17011
      View Details
    • $11 SF/Yr
      75,600 SF

      Slate Hill Business Center: Camp Hill, PA

      Class B Office/Flex Space Available
      3901-3913 Hartzdale Dr, Camp Hill, PA 17011
      View Details
    • $13 SF/Yr
      7,168 SF

      Trindle Road Office/Medical Space

      Second-floor office/medical space with excellent visibility and convenient access.
      3916 Trindle Rd, Camp Hill, PA 17011
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    412 Erford Rd
    Camp Hill, PA 17011-1117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.