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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Office buildings
801 Belvedere St, Carlisle, PA 17013-4002
Individually Owned
Absentee Owner
Free & Clear
Property ID
US73-2296195
Property summary
AI-generated overview
This Carlisle, Pennsylvania office property, located at 801 Belvedere Street (lower level), offers 3,820 square feet of immediately available executive office space. The building, constructed in 1970 and renovated in 2014, features a single story with 9-foot ceilings and is situated on a 2.21-acre lot. Two suites are available, ranging from a minimum of 1,220 square feet to a maximum contiguous space of 2,600 square feet. The property boasts ample space for a variety of office configurations, including large rooms and private offices, making it ideal for startups or established businesses. The building is zoned C-4 Neighborhood Commercial and has a 200-amp power supply. While there are no elevators, the single-story design ensures easy accessibility. This location offers convenient access to downtown Carlisle and Interstate 81, placing your business near other professional offices and national retailers. The property's APN is 04-22-048-171, and it's situated within the Harrisburg Area West submarket cluster in Cumberland County. The total building size is 18,496 square feet.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
7,934 SF
Lot
2.21 ac (96,268 SF)
APN
04-22-0481-171
UPID
US73-2296195
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
-
Neidlinger Rentals, LLC Real Estate Agency
-
Duffield Associates, Inc. Engineering Consultant Environmental Engineer
-
Bethany Walker with HomeSale Mortgage Loan Service Bank
-
The Neidlinger Companies Corporate Office Financial Advisor
-
Linda Shover Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.33M
Owner & transaction history
SUSAN W BARNES
SUSAN W BARNES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+2.9%
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%
$1,790,000
6.5%
$1,655,000
7%
$1,535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,070,000
Current use
COMMERCIAL (GENERAL)
$1,100,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$920,000
Change: -14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$885,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±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
$168 / 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
$21,248
Tax year 2024
Assessed value
$929,000
Assessed 2024
Previous assessed
$929,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$481,800
Assessed improvement
$447,200
Land market value
$481,800
Improvement market value
$447,200
Total market value
$929,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Total area
7,934 SF
Lot
2.21 ac (96,268 SF)
APN
04-22-0481-171
UPID
US73-2296195
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
OFFICE BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$885,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2.21 ac
Current owner
From public records · entity-resolved
SUSAN W BARNES
Individual
Free & Clear · 0 yrs held
Mailing address
14 E HARMON DR, CARLISLE, PA 17015-7649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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