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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Banks
1002 7th St Harrisburg, PA 17102-1415
Entity Owned
5-yr Hold
Free & Clear
Property ID
US73-2431726
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1976
Construction
FRAME
Total area
8,286 SF
Lot
0.81 ac (35,284 SF)
APN
07-102-018
UPID
US73-2431726
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
-
M&T Bank ATM Atm
-
City Engineering Government Office
-
Aaron K. Johnson Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$550k
Owner & transaction history
City Of Harrisburg · 5 yrs held
City Of Harrisburg
since 2021
Last sale
$675,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$815,000
+25.1%
Restaurant
$810,000
+24.5%
Retail stores
$730,000
+11.8%
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 Harrisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisburg 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
$470,000
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$650,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +25% · Conversion: Difficult
RESTAURANT
$810,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$730,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: +0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$605,000
Change: -7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$575,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $675k (Apr 2 2021)
Last sale anchor
$675k
Apr 2 2021
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
$66 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$50,438
Tax year 2023
Assessed value
$959,600
Assessed 2024
Previous assessed
$959,600
+0.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$349,300
Assessed improvement
$610,300
Land market value
$349,300
Improvement market value
$610,300
Total market value
$959,600
Applied tax rate
10.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
8,286 SF
Lot
0.81 ac (35,284 SF)
APN
07-102-018
UPID
US73-2431726
Jurisdiction
DAUPHIN
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
FINANCIAL BUILDING Current
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$815,000
RESTAURANT
Est. value
$810,000
RETAIL STORES
Est. value
$730,000
MEDICAL BUILDING
Est. value
$660,000
OFFICE BUILDING
Est. value
$655,000
INDUSTRIAL (GENERAL)
Est. value
$605,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$575,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
Year built
1976
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
City Of Harrisburg
Entity
Free & Clear · 5 yrs held
Mailing address
10 N 2ND ST #202, HARRISBURG, PA 17101-1677
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2021
$675,000
City Of Harrisburg
Manufacturers And Traders Trust Com
Deed
—
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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