4401 Linglestown Rd Harrisburg, PA 17112
- Office Properties & Spaces
- 4,892 SF
- 0.63 lot acres
Current Use by Public Records
- Detwiler Marianna DDS / Dentist
- Dentist Harrisburg PA / Dentist
- Clougherty Marianna DDS / Dentist / Cosmetic Dentist
- American Postal Workers Union / Labor Union
- Hershery Medical Center / Dentist
Property Details for 4401 Linglestown Rd
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 0.63 lot acres
- Property size
- 4,892 SF
- Property type
- Office Properties & Spaces
- APN
- 35-011-064
- APU
- 35011064
Description
This exceptional Harrisburg, PA office complex presents a compelling value-add opportunity. Comprising two buildings totaling approximately 154,761 square feet on 9.38 acres, this property offers significant upside potential. 1800 Linglestown Road, a four-story, 52,761 square foot building, has been multi-tenanted since construction in 1989. The adjacent 4401 Deer Path Road building, a four-story structure encompassing 102,000 square feet, was originally built for single-tenant occupancy but offers multi-tenant possibilities. Both buildings boast ample natural light and 800 parking spaces (approximately 5.2 spaces per 1,000 square feet). The property is zoned BOR (Business Office Residential), allowing for diverse uses, including refurbishment for owner-occupancy, office leasing, or even residential conversion given the approximately 6.5 acres zoned BOR and 3.1 acres zoned R1. Strategically located on the Linglestown Road corridor, it provides convenient access to I-81, I-83, and US 322, with nearby amenities including restaurants, shopping, and healthcare facilities. While marketed together, the owner will consider separate sales, with preliminary shared access agreements in place. This unique combination of a multi-tenant building and a larger single-tenant building presents a rare opportunity in a highly desirable business corridor. The buildings were constructed between 1989 and 2001 and are classified as Class B. The property consists of two eight-story buildings and is situated in Dauphin County, PA, 17110. The APN numbers are 62-009-204 and 62-009-246.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,070,000
- ML approach
- $1,130,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $915,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $775,000
Market price range: $490k - $1.02M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $725,000 Current use
- AUTO REPAIR, GARAGE
- $915,000 Change: +27% Conversion: Difficult
- MEDICAL BUILDING
- $720,000 Change: -1% Conversion: Easy
- RETAIL STORES
- $690,000 Change: -5% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8199
- Latitude
- 40.3362
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
