Property profile

4250 Crums Mill Rd Harrisburg, PA 17112

FOR LEASE
Office Spaces
Property ID
US73-5810841
73,900 SF 7.98 ac lot Built 2001
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 4250 Crums Mill Road in Harrisburg, Pennsylvania, offers 72,844 square feet of versatile space across three stories. Built in 2001 and extensively renovated in 2020, the property boasts modern amenities and a prime location. The building features ample parking with a ratio of 4 spaces per 1,000 square feet, and convenient elevator access. Multiple tenancy options are available, ranging from 1,800 to 17,500 square feet, making it suitable for a variety of businesses. Situated on a 7.98-acre lot, the building enjoys excellent visibility at the signalized intersection of Crums Mill Road and Colonial Road, providing exceptional signage opportunities. Recent upgrades include extensive common area improvements, reflecting a commitment to providing a high-quality work environment. The property benefits from its proximity to major roadways, including I-81, I-83, and the Pennsylvania Turnpike, ensuring easy access for employees and clients. Furthermore, it is conveniently located near a wealth of local amenities, such as shopping centers (including Colonial Park Mall), banks, and restaurants. Over 30,000 square feet of space has been leased within the past year, demonstrating strong market demand. This property presents a unique opportunity to establish a presence in a thriving Harrisburg business community within Dauphin County, zip code 17112.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2001
Total area 73,900 SF
Lot 7.98 ac (347,609 SF)
APN 35-039-023
UPID US73-5810841

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
  • Physician
  • Physician
  • Employment Agency Business Service Center
  • Physician
  • Physician

Location

4250 Crums Mill Rd Harrisburg, PA 17112
Harrisburg metro Census 22403 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.04M

Owner & transaction history

since 2016
7 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A

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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