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Building B 1051 Hummel Ave 25,375 SF 100% Leased Industrial Building Lemoyne, PA 17043 $2,000,000 ($78.82/SF) 7.73% Cap Rate
Investment Highlights
- Below-Market Industrial/Flex Basis: Offered at $78.82/SF, providing an attractive entry point relative to regional sale comps.
- Functional Industrial/Flex Layout: Building includes warehouse space, office buildout, concrete floors, dock access, and drive-in loading.
- Strategic Highway Access: Located near Route 581, I-83, the PA Turnpike, and I-81.
- Strong Pro Forma Upside: NOI is projected to increase from $154,591 to $237,454 through leasing and rent optimization.
- Flexible Multi-Suite Configuration: Three-suite layout supports multiple tenant types and leasing strategies.
- Value-Add Income Opportunity: Current lease rollover and market rent upside create a clear path to improved returns.
Executive Summary
Scope Commercial Real Estate is pleased to present 1045-1051 Hummel Ave, Lemoyne, PA 17043, a 25,375 SF industrial/flex investment opportunity located in Cumberland County, Pennsylvania. The property is positioned within the Lemoyne industrial corridor with convenient access to Route 581, I-83, the Pennsylvania Turnpike, and I-81, supporting strong regional connectivity for warehouse, contractor, service, and flex users.
The asset is configured with a functional multi-suite industrial layout, featuring warehouse space, limited office buildout, concrete floors, gas heat, HVAC, one exterior dock, and one 12' x 12' drive-in door. The property's industrial zoning, Hummel Avenue frontage, and flexible building configuration provide usability for a range of distribution, contractor, service, showroom, and light industrial tenants.
The asset is configured with a functional multi-suite industrial layout, featuring warehouse space, limited office buildout, concrete floors, gas heat, HVAC, one exterior dock, and one 12' x 12' drive-in door. The property's industrial zoning, Hummel Avenue frontage, and flexible building configuration provide usability for a range of distribution, contractor, service, showroom, and light industrial tenants.
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- Offering Memorandum
Property Facts
| Price | $2,000,000 | Lot Size | 2.40 AC |
| Price Per SF | $78.82 | Rentable Building Area | 25,375 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.73% | Year Built/Renovated | 1980/2022 |
| Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | Industrial | ||
| Price | $2,000,000 |
| Price Per SF | $78.82 |
| Sale Type | Investment |
| Cap Rate | 7.73% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.40 AC |
| Rentable Building Area | 25,375 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2022 |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial |
Utilities
- Gas
- Water
- Sewer
- Heating - Gas
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-22-0824-005 | Improvements Assessment | $580,500 |
| Land Assessment | $294,500 | Total Assessment | $875,000 |
Property Taxes
Parcel Number
12-22-0824-005
Land Assessment
$294,500
Improvements Assessment
$580,500
Total Assessment
$875,000
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