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    800 Corporate Cir Harrisburg, PA 17110
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    Property profile & analytics

    800 Corporate Cir, Harrisburg, PA 17110

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    • Office Spaces
    • 27,492 SF
    • 2.00 lot acres
    For Lease
    $3,395,000
    View Listing →
    Premium Office Suites Available For Lease
    $3,395,000

    Premium Office Suites Available

    High-end office suites in a professionally managed complex.

    800 Corporate Cir, Harrisburg, PA 17110
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    Property ID
    US73-2697850
    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.
    Value Estimations
    $3,395,000
    Cap Rate Potential
    9.8%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Harrisburg Symphony / Music Venue / Theater & Performing Art Venue
    • Chavis Law Firm, LLC / Law Firm
    • Albright College / College
    • Congressman Scott Perry / Federal Government Office
    • Allied Universal® Security Services / Security Service

    Property Details for 800 Corporate Cir

    Year built
    1979
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Property type
    Office Spaces
    APN
    62-023-064
    APU
    62023064

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 28, 2025 $4,128,000 Cohen & Parker Properties LLC Linlo Properties II LLC Deed $200k · Linlo Properties II LLC
    Feb 23, 2022 — Linlo Properties II LLC — Deed · related $4.2M · Acnb Bank
    Oct 11, 2018 — Llinlo Properties II LP — Deed · related $750k · Union Community Bank
    Sep 5, 2018 — Linlo Properties II LP — Grant Deed · related $2.4M · Union Cmnty Bk
    Jul 22, 2016 — Linlo Properties II LP Linlo Properties II LP Quit Claim Deed · related —
    Nov 12, 2014 $1,680,000 Properties Linlo II Jpmcc 2007-cibc19 Harrisburg O Grant Deed $2.2M · Union Cmnty Bk
    Apr 18, 2014 $3,018 2007-cibc19 Harrisburg O Jpmcc Marshall Of Dauphin County Trustees Deed —
    Apr 10, 2007 $10,640,000 Harrisburg Realty Assocs Brandywine Central Grant Deed $36.5M · Cibc INC
    — — Linlo Properties II LP — Deed Of Trust · related $400k · Union Cmnty Bk

    Description

    This exceptional Class A office building, Liberty Plaza, located at 800 Corporate Circle in Harrisburg, Pennsylvania (zip code 17110), offers 18,300 square feet of traditional office space in a multiple-tenancy setting. Built in 1979 and extensively renovated in 2016, the property sits on a 2-acre lot in Dauphin County and provides ample parking with a ratio of 4.0 spaces per 1,000 square feet. Currently, one 2,000 square foot suite is available. The building features elevators for convenient access to all floors. Its prime location just off Interstate 81 offers easy access to major transportation routes, serving the US East Coast. The surrounding area boasts over 1,500 residential homes, providing a readily available workforce and convenient commuting options for employees. Liberty Plaza's strategic position, strong local workforce, and excellent accessibility make it an ideal location for a company headquarters, call center, or satellite office. This property presents a unique opportunity to establish a presence in a thriving Harrisburg business community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,395,000
      ML approach
      $3,310,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,110,000
      Current use
      AUTO REPAIR, GARAGE
      $5,150,000
      Change: +144% Conversion: Difficult
      MEDICAL BUILDING
      $4,035,000
      Change: +91% Conversion: Easy
      RETAIL STORES
      $3,880,000
      Change: +84% Conversion: Easy
      RESTAURANT
      $3,790,000
      Change: +80% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,780,000
      Change: +32% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $2,350,000
      Change: +12% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8492
    Latitude
    40.3076
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN 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
    2023
    $42,642
    $261,400
    $1,096,200
    $1,357,600
    -
    $261,400
    $1,096,200
    $1,357,600

    Comparable in this City

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      3035 Progress Ave

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      View Details
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      32,706 SF

      2040 Linglestown Rd

      OFFICE (GENERAL)
      2040 Linglestown Rd, Harrisburg, PA 17110-9515
      View Details
    • Value Estimation by Request
      7,454 SF

      2323 Linglestown Rd

      CONDOMINIUM OFFICES
      2323 Linglestown Rd, Harrisburg, PA 17110-9424
      View Details

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    Harrisburg, PA 17110
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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