Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hotel with Extensive Guest Amenities Title is generated by Realmo AI

    4751 LINDLE RD, Harrisburg, PA 17111

    View on Map
    Claim this Listing
    For Sale
    $14,500,000

    274-room hotel featuring multiple pools and on-site restaurant.

    Type:hospitality.full_service
    Added:
    Mar 7, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 7 at 7:01 pm

    Property Features for 4751 LINDLE RD

    General Information

    Standard status
    Active
    Property subtype
    hospitality.full_service

    Building Details

    Year Built
    1972

    We can help!

    Listing Contact
    Keith Thompson

    Listing agent Keith Thompson

    Listing office Avison Young

    Listing date Mar 7, 2026

    Source Avisonyoung

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Avison Young

    HighLights

    • 274 Guestrooms with King and Queen Beds
    • Enjoy the Onsite Restaurant
    • Three Pools (Outdoor, Indoor, and Jetted Tub)
    • Hotel‑Wide Wireless Internet Access
    • Fitness Center available
    • Guestroom Amenities: Refrigerator and Microwave

    Overview

    This hospitality property is a two, three, and four-story, interior corridor hotel. It features an on-site restaurant and three pools, including outdoor, indoor, and jetted tub options. Additional amenities include an all-sports court, fitness center, business center, and game room. Hotel-wide wireless internet access is available. The property offers 274 guestrooms furnished with king and queen beds. Each guestroom is equipped with a flat screen television, work desk with ergonomic chair, refrigerator, microwave, coffee maker, and wireless internet.
    Location Intelligence

    Current Use by Public Records

    Red Lion Hotel ... Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8006649
    Latitude
    40.2417733

    Nearby Similar for Sale

    • $850,000

      Versatile Commercial Property on Paxton

      Mixed-use property with retail, office, and warehouse space.
      2515 PAXTON Street, HARRISBURG, PA 17111
      View Details
    • $860,000
      1,728 SF

      Six-Unit Apartment Building with Garages

      Six units with separate entrances, plus two rentable garages, with owner-paid sewer and trash.
      310 S 28TH Street, HARRISBURG, PA 17103
      View Details
    • $950,000
      1,646 SF

      Mixed-Use Property with Salon Suites

      A single-parcel package with a fully leased triplex plus commercial nail and hair salon and multiple barber and salon suites.
      160 LINGLESTOWN Road, HARRISBURG, PA 17110
      View Details
    • $499,900
      4,267 SF

      Harrisburg Multifamily Investment Opportunity

      Fully occupied multifamily property with additional garage rental income.
      502 2ND Street, HARRISBURG, PA 17113
      View Details
    • $359,900
      3,820 SF

      Three-Story Mixed-Use Building

      A maintained three-story property with on-site office space and two occupied residential units, plus off-street parking.
      2223 N 2ND Street, HARRISBURG, PA 17110
      View Details
    • $995,000
      8,560 SF

      Harrisburg Apartment Building with River Views

      8-unit apartment building with river views and value-add potential.
      315 N FRONT Street, HARRISBURG, PA 17101
      View Details
    • $215,000
      1,968 SF

      Two-Unit Property in Harrisburg, PA

      Two-unit property with rental income potential in Harrisburg, PA.
      1942 NORTH Street, HARRISBURG, PA 17103
      View Details
    • $330,000
      2,244 SF

      Harrisburg Duplex Investment Opportunity

      Renovated duplex in Harrisburg with strong rental income.
      1201-1203 MARKET Street, HARRISBURG, PA 17103
      View Details
    • $280,000
      2,436 SF

      Well-Maintained Harrisburg Duplex For Sale

      Income-generating duplex with two rented units and owner financing.
      2038 MARKET Street, HARRISBURG, PA 17103
      View Details
    • $160,000
      1,584 SF

      Harrisburg Two-Unit Investment Opportunity

      Well-maintained two-unit property in Harrisburg, vacant and ready for investment.
      1811 MARKET Street, HARRISBURG, PA 17103
      View Details
    • $874,000
      6,908 SF

      Medical/Professional Office Space Available

      6,908 SF medical/professional office space for sale or lease.
      Union Deposit Rd, Suite 210/330, Harrisburg, PA 17111
      View Details
    • $95,000

      Affordable Office Space in Harrisburg

      Modest office space with 5 rooms, kitchenette, and extra land.
      420 S 21ST Street, HARRISBURG, PA 17104
      View Details

    FAQs

    What type of property is this?
    Hotel - 274-room hotel featuring multiple pools and on-site restaurant.
    Where is this hotel located?
    The property is located at 4751 LINDLE RD Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $14,500,000.
    What are key features of this property?
    This property features: 274 Guestrooms with King and Queen Beds; Enjoy the Onsite Restaurant; Three Pools (Outdoor, Indoor, and Jetted Tub)
    (404) 307-5116
    We can help!
    Listing Contact
    Keith Thompson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4751 LINDLE RD, HARRISBURG, Pennsylvania 17111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!