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Property profile & analytics
OFF-MARKET Estimated value $6,540,000
Community centers

950 Walnut Btm Rd Carlisle, PA 17015-7636

84,335 SF 8.24 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-2013831
Property summary
AI-generated overview

This exceptional investment opportunity presents 88,772 square feet of commercial space within the Stonehedge Square Shopping Center, situated at 950 Walnut Bottom Rd, Carlisle, PA 17015. The single-story, 17-suite building, constructed in 1990, sits on 9 acres of land and is zoned C-2. The property boasts a diverse tenancy, including a mix of national and regional retailers such as Giant Food Stores (51,667 SF), M&T Bank, UPS Store, Fine Wine & Good Spirits, Great Clips, and Monroe Muffler. Its strategic location off Interstate-81 provides excellent visibility and accessibility. The center's proximity to Carlisle Regional Medical Center, a 165-bed UPMC Carlisle hospital, and a high concentration of medical offices makes it particularly attractive for medical, health and wellness, and service-oriented businesses, as well as food users. The property is professionally managed and offers various suite sizes to accommodate a range of business needs. This is a rare opportunity to acquire a well-established property in a thriving commercial area. The property's strong tenant mix and prime location ensure a stable and potentially lucrative investment.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Total area 84,335 SF
Lot 8.24 ac (358,934 SF)
APN 40-09-0529-063
UPID US73-2013831
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
  • The UPS Store Courier Service Postal Service
  • Fine Wine & Good Spirits (Bike/Boat/Book/etc) Store
  • Stonehedge square Shopping Center & Mall
  • Pennsylvania Department of Transportation – Driver License Center, Carlisle Department Of Transportation Department Of Motor Vehicles
  • Puff & Bean Inc. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.27M
Blend (final) Blend
$6.54M
Owner & transaction history
7 Sc Stonehedge Square LLC · 6 yrs held
7 Sc Stonehedge Square LLC
since 2019
1 recorded transaction
2019
$15.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $9.1M +164.6%
Auto repair, garage $9.0M +162.2%
Office building $8.5M +148.4%
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