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Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Medical Office Space
850 Walnut Btm Rd Carlisle, PA 17013-3615
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0778607
Property summary
AI-generated overview
This exceptional Carlisle, PA office building, located at 850 Walnut Bottom Road, offers 49,939 square feet of space in a single, one-story building constructed in 1979 and renovated in 2007. Currently, 3,470 square feet is available for lease. The property sits on a 3.15-acre lot and boasts ample on-site parking. The building features a 21,000 Amp, 3-phase electrical system, and an elevator. Ceiling height is 9 feet. The property is classified as Class B and is zoned for Neighborhood Commercial use (APN: 04-22-0481-164). Its highly visible location provides direct access to Interstate 81, enhancing its appeal and accessibility. Ninety percent of the current tenants are medical offices, with the remainder being professional offices. This presents a unique opportunity for businesses seeking a well-maintained, established location in a thriving community. The property's size and amenities make it suitable for a variety of uses, from executive offices to medical practices. The ample parking and convenient highway access are significant advantages for both employees and clients. This is a rare opportunity to secure space in a well-established and highly visible building in Cumberland County.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
22,740 SF
Lot
3.15 ac (137,214 SF)
APN
04-22-0481-164
UPID
US73-0778607
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
-
Associated Otolaryngologists of Pennsylvania Physician
-
Shukla Hersh Physician
-
Andrea C. Shukla, PT Physician
-
Matthew A. Kase, PT Physician
-
Orthopedic & Spine Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.96M
Owner & transaction history
Brucha LLC · 6 yrs held
Brucha LLC
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+13.9%
Office building
$2.5M
+1.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlisle submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,440,000
Current use
AUTO REPAIR, GARAGE
$2,780,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$2,465,000
Change: +1% · Conversion: Easy
RESTAURANT
$2,160,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$86 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$59,468
Tax year 2024
Assessed value
$2,600,000
Assessed 2024
Previous assessed
$2,600,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,000,400
Assessed improvement
$1,599,600
Land market value
$1,000,400
Improvement market value
$1,599,600
Total market value
$2,600,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Total area
22,740 SF
Lot
3.15 ac (137,214 SF)
APN
04-22-0481-164
UPID
US73-0778607
Jurisdiction
CUMBERLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
3.15 ac
Current owner
From public records · entity-resolved
Brucha LLC
Entity
Mailing address
144 RTE 59TH 4TH STE #4, SUFFERN, NY 10901-5007
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2019
$3,150,000
Brucha LLC
Belvedere Professional Center LLC
Warranty Deed
$2,520,000 · S&t Bank
Oct 17, 2014
—
Belvedere Professional Center
Belvedere Associates
Quit Claim Deed
related
$2,324,000 · Farmers & Merchants Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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