70 W King St Chambersburg, PA 17201
Property profile & analytics
70 W King St Chambersburg, PA 17201
- Office buildings
- 0.32 lot acres
Property ID
US73-0910299
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.
Location Intelligence
Current Use by Public Records
- Nova Corporation / IT Consulting Firm / (Bike/Boat/Book/etc) Store
- American Heritage Property Management / Property Management Company
- Berkshire Hathaway HomeServices - Bobbi Washabaugh / Real Estate Agency
- Diné Development Corp / Corporate Office
- Brooke Hill, Realtor / Real Estate Agency
Property Details for 70 W King St
- Lot size
- 0.32 lot acres
- Property type
- Office buildings
- APN
- 05-1C49-41
- APU
- 051C4941
Description
This fee-simple investment opportunity presents a 7,800 square foot, single-tenant office building located at 70 W King St, Chambersburg, PA 17201. The property, built in 1900 and extensively renovated in 2023 (over $600,000 in improvements), is currently 100% occupied by a Berkshire Hathaway HomeServices franchisee under a triple-net (NNN) lease. The lease commenced March 1, 2022, and has a remaining term of approximately 7.3 years, extending to March 1, 2032, with a one-year option to renew. The lease includes 2% annual rent escalations, providing predictable income growth. The building is classified as Class B and offers a strong 8.00% cap rate based on a Net Operating Income (NOI) of $129,842. The tenant, a well-established franchise with over 35 locations, recently exercised a five-year renewal option early, demonstrating a significant commitment to the property. This investment offers a stable, passive income stream with long-term occupancy assurance. The property sits on a 0.32-acre lot and is categorized as a Creative, Executive, and Traditional Office space. The asking price is $1,623,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,555,000
- ML approach
- $1,555,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6625
- Latitude
- 39.939
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN 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
$10,312
$7,870
$46,320
$54,190
-
$7,870
$46,320
$54,190
