Office Warehouse

Wertzville Road Development Site

6987 Wertzville Rd, Enola, PA 17025

Listing Price: $900,000

Cap Rate
4.86%
Gross SF
4,500
Price/Gross SF
$200.00
Lot Size
4.88 acres
Year Built
1960
Rentable SF
4,500

Investment Overview

Marcus & Millichap is pleased to present 6987 Wertzville Rd, Enola, PA 17025.

The Subject Property is a 4.88 acre site that currently has 2 buildings and large parking area that is leased for tractor trailer parking. This site is ideally located adjacent to the PA-114 intersection and sits across the street from locally acclaimed fine dining restaurant Vissagio's. The Property had 2 short term leases that allows an investor the opportunity to receive cash flow while the development process takes place. The tenants include a single-tenant multipurpose flex space that pays their own utilities, and the parking lot has a our year lease to a transportation tenant for parking and storage.

The Wertzville Road corridor has been the focus of development for many users because of the top two medical systems building state of the art facilities just off the Interstate 81 exit. The top positioned sites are selling for over $1,000,000 per acre which is causing expansive growth to the west of the site. This site proves to be the best location of the comparable sites because of sitting directly to the East of the PA-114 intersection. This commuter route is heavily traveled by Mechanicsburg residents that work in Downtown Harrisburg and the new Hospitals at Wertzville. New office development one PA-114 has sparked employment just South of the site from international firms such as Deloitte.

Wertzville Road, which is PA-944, runs parallel to I-81 along the south base of Blue Mountain connecting Historic US-11/15 to all major areas on Cumberland County primarily Mechanicsburg and Carlisle.

Ownership has had engineering work completed to provide an investor some basis for planned uses.

Investment Highlights

  • Five (5) Acre Site On Growth Corridor
  • Cash Flowing Property Ideal For Development
  • Ideally Located Near Intersection of Wertzville Rd & PA-114 (A.M. Side)
  • Zoned C-1 Which Allows For Many Uses
  • Close To Both UPMC & PSU-HMC New Hospitals on Wertzville Road Near I-81

Exclusively Listed By

Office Warehouse

Wertzville Road Development Site

Listing Price: $900,000

Cap Rate
4.86%
Gross SF
4,500
Price/Gross SF
$200.00
Lot Size
4.88 acres
Year Built
1960
Rentable SF
4,500

Investment Highlights

  • Five (5) Acre Site On Growth Corridor
  • Cash Flowing Property Ideal For Development
  • Ideally Located Near Intersection of Wertzville Rd & PA-114 (A.M. Side)
  • Zoned C-1 Which Allows For Many Uses
  • Close To Both UPMC & PSU-HMC New Hospitals on Wertzville Road Near I-81

Investment Overview

Marcus & Millichap is pleased to present 6987 Wertzville Rd, Enola, PA 17025.

The Subject Property is a 4.88 acre site that currently has 2 buildings and large parking area that is leased for tractor trailer parking. This site is ideally located adjacent to the PA-114 intersection and sits across the street from locally acclaimed fine dining restaurant Vissagio's. The Property had 2 short term leases that allows an investor the opportunity to receive cash flow while the development process takes place. The tenants include a single-tenant multipurpose flex space that pays their own utilities, and the parking lot has a our year lease to a transportation tenant for parking and storage.

The Wertzville Road corridor has been the focus of development for many users because of the top two medical systems building state of the art facilities just off the Interstate 81 exit. The top positioned sites are selling for over $1,000,000 per acre which is causing expansive growth to the west of the site. This site proves to be the best location of the comparable sites because of sitting directly to the East of the PA-114 intersection. This commuter route is heavily traveled by Mechanicsburg residents that work in Downtown Harrisburg and the new Hospitals at Wertzville. New office development one PA-114 has sparked employment just South of the site from international firms such as Deloitte.

Wertzville Road, which is PA-944, runs parallel to I-81 along the south base of Blue Mountain connecting Historic US-11/15 to all major areas on Cumberland County primarily Mechanicsburg and Carlisle.

Ownership has had engineering work completed to provide an investor some basis for planned uses.

Exclusively Listed By

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