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    1001 6th St Harrisburg, PA 17102-1726

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    1001 6th St Harrisburg, PA 17102-1726


    • Office properties & Spaces
    • 54,740 SF
    • 1.07 lot acres
    Off-Market
    Last Sale Dec 10, 2024
    $6,775,000
    Property ID
    US73-1661512
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,775,000
    Show details
    Cap Rate Potential
    9.8%
    Office properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • Dauphin County Children & Youth Services / Child Welfare Organization / Foster Care Service

    Property Details for 1001 6th St

    Year built
    1985
    Lot size
    1.07 lot acres
    Property size
    54,740 SF
    Property type
    Office properties & Spaces
    APN
    07-102-045
    APU
    7102045

    Description

    This exceptional investment opportunity presents a fully occupied, single-tenant net-leased office building in Harrisburg, Pennsylvania's Central Business District. The three-story, 58,014-square-foot Class B building, constructed in 1982 and renovated in 2006 and 2020, boasts a commanding 11.44% cap rate. Located at 1001 N 6th St, this fee-simple property sits on a 1.07-acre lot and features 39 on-site parking spaces, with access to an additional 200 covered spaces at a subsidized rate. The building is currently 100% occupied by Dauphin County Children & Youth Services, a long-term tenant since 2010, under a NNN lease extending into Q4 2027. Dauphin County holds an AA credit rating, minimizing landlord responsibilities. The property's prime location offers easy access to the State Capitol Complex, the new Federal Courthouse, and the State Archives Department, situated within Harrisburg's thriving Central Business District. Its proximity to major roadways and numerous amenities, including the Broad Street Market, Riverfront Park, and Strawberry Square, further enhances its appeal. This is a low-management, high-return investment with significant upside potential, benefiting from Harrisburg's ongoing economic development and revitalization efforts. The Institutional zoning allows for flexibility in future uses. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,775,000
      ML approach
      $6,775,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,752,000
      Market price range: $2.54M - $6.78M
      AI Estimate
      $5,053,000
      Market price range: $2.22M - $5.05M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,520,000
      Current use
      AUTO REPAIR, GARAGE
      $10,250,000
      Change: +127% Conversion: Difficult
      MEDICAL BUILDING
      $8,035,000
      Change: +78% Conversion: Easy
      RETAIL STORES
      $7,725,000
      Change: +71% Conversion: Easy
      RESTAURANT
      $7,545,000
      Change: +67% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $5,540,000
      Change: +23% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $4,805,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8848
    Latitude
    40.2696
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $135,643
    $272,700
    $2,706,600
    $2,979,300
    -
    $272,700
    $2,706,600
    $2,979,300
    More about this property
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