Financial
Distress signals
Property profile

405 Spruce St Middletown, PA 17057

FOR SALE
Automotive properties
Property ID
US73-0129349
2,768 SF 0.22 ac lot Built 1952
Last sale Dec 2019 · $200,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,480-square-foot retail property, located at 405 Spruce Street in Middletown, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1952 and extensively renovated in 2022, sits on a 0.23-acre corner lot at the intersection of Spruce and East Main Streets, offering excellent visibility and accessibility. Currently configured as a convenience store, storefront, and auto shop, the property boasts Commercial Highway zoning, allowing for a wide

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$145k
Assessed land$57k
Assessed improvement$88k
Effective rate4.12%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 7.11% cap applied$25k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$163/SF
County average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$74 – $270
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.11%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAUPHIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.3
Realty agency13.3
Dental Office11.0

Location

405 Spruce St Middletown, PA 17057
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2101 Harrisburg, Middletown, PA 17057-3935 $550,000 Sep 2023 4,280 SF
2069 Harrisburg, Middletown, PA 17057-4919 $250,000 Apr 2023 2,172 SF
231 Oak Hl, Middletown, PA 17057-2023 $315,000 Dec 2022 2,370 SF
435 Newberry Rd, Middletown, PA 17057-3520 $230,000 Feb 2021 3,450 SF
210 Main, Middletown, PA 17057-1217 $15,235 Apr 2020 1,945 SF
200 Main, Middletown, PA 17057-2229 $387,000 Dec 2019 2,536 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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