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    Investment properties

    6563 Carlisle Pike, Mechanicsburg, PA 17050

    1,458 SF 4.99 ac lot Built 1955
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US73-2859221
    Property summary
    AI-generated overview

    This exceptional 10.7-acre mixed-use property, located at 6563 Carlisle Pike in Mechanicsburg, Pennsylvania, presents a significant redevelopment opportunity. The property consists of two adjacent parcels (APN 38-19-1612-008 & 38-19-1612-007A) zoned R-1 Residential, offering flexibility for various development plans. Boasting approximately 975 feet of frontage on Carlisle Pike, this location benefits from exceptional visibility and high traffic volume. The average daily traffic count on Carlisle Pike is 11,225 vehicles northbound and 11,600 vehicles southbound, ensuring significant exposure for any future development. The asking price for this prime Cumberland County land is $5,500,000. This substantial acreage provides ample space for a diverse range of commercial and/or residential projects, making it an attractive investment for developers seeking a high-impact location with strong potential for return. The property's strategic location and significant frontage on a major thoroughfare make it an ideal site for a variety of commercial ventures, while the R-1 zoning allows for residential development options as well. This is a rare opportunity to acquire a large parcel of land in a thriving Pennsylvania community.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1955
    Total area 1,458 SF
    Lot 4.99 ac (217,364 SF)
    APN 38-19-1612-008
    UPID US73-2859221
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    June J Essis · 1 yrs held
    June J Essis
    since 2024
    Last sale
    $111,000
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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