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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Strip malls

5600 Allentown Blvd Harrisburg, PA 17112-4040

7,835 SF 0.91 ac lot Built 1977
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-2751766
Property summary
AI-generated overview

This exceptional 2-acre commercial land parcel is situated at 5600 Allentown Boulevard in Harrisburg, Pennsylvania, Dauphin County (APN 35-033-035). Zoned for General Commercial use, this single-tenant property boasts unparalleled visibility along Route 22, a major thoroughfare with approximately 50,000 vehicles per day. Its convenient location just off I-81 exit provides easy access and high traffic exposure. The property presents a prime redevelopment opportunity, with conceptual plans illustrating potential uses such as an 8,000 square foot medical facility or a mixed-use development including a 3,000 square foot bank with drive-thru and a 4,000 square foot retail building. The site benefits from its proximity to numerous national retailers, including McDonald's, Burger King, Kohl's, Target, Costco, and Best Buy. Land lease pricing is negotiable and will be determined based on the level of land improvement responsibilities assumed by the owner. The ownership is open to build-to-suit options for both sale and lease arrangements. This is an exceptional opportunity for investors and developers seeking a high-traffic location with significant redevelopment potential in a thriving commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Construction FRAME
Total area 7,835 SF
Lot 0.91 ac (39,640 SF)
APN 35-033-035
UPID US73-2751766
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Class Car Co Law Firm
  • Taco King Restaurant
  • Camelot Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M
Owner & transaction history
Class Development LLC · 3 yrs held
Class Development LLC
since 2022
Last sale
$1.2M
3 recorded transactions
2022
$1.2M
2018
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $960,000 +283.1%
Commercial (general) $830,000 +232.0%
Restaurant $810,000 +224.0%
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