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724 Colonial Rd Harrisburg, PA 17112-1920

OFF-MARKET Industrial properties Google Maps
9,112 SF 8.36 ac lot Built 2006
Entity Owned ~ Est. High Equity
Estimated value (blended)
$955k
Range $860k – $1.05M (±10%)
Property ID US73-1082339

Property summary

AI-generated overview

Colonial Crossings offers a fantastic retail opportunity in Harrisburg, Pennsylvania. This single-story, Class B retail center, built in 2006, totals 12,000 square feet and sits on an 8.36-acre lot. Currently, 2,000 square feet of contiguous space is immediately available, with a minimum divisible space of 2,000 square feet. The property is zoned CN - Commercial Neighborhood, and its APN is 35-039-016. Located at 724 Colonial Rd, Harrisburg, PA 17112, this center benefits from its high-traffic location near the I-83 and Route 22 interchange, ensuring excellent visibility and accessibility for customers. The strong business and residential demographics in the area contribute to a robust customer base. This presents a unique chance to establish or expand a retail presence in a thriving community. The property's convenient location and ample space make it an attractive option for a variety of retail businesses. The building features a single story, making it easily navigable for both customers and staff. This opportunity is ideal for businesses seeking a well-established location with high foot traffic and strong community ties. Don't miss this chance to secure a prime retail space in a desirable Harrisburg location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Total area 9,112 SF
Lot 8.36 ac (364,162 SF)
APN 35-039-016
UPID US73-1082339

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$955k

Owner & transaction history

since 2026
5 recorded transactions
2026
$2.5M
2008
$3.3M
2005
Price N/A
2005
$550,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +46.1%
Medical building $1.3M +45.1%
Retail stores $1.3M +39.4%

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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