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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Office Spaces
112 Market St Harrisburg, PA 17101-2043
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5866677
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1918
Total area
50,752 SF
Lot
0.16 ac (6,970 SF)
APN
03-003-036
UPID
US73-5866677
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
-
Community Settlement LLC Law Firm
-
The Banks Law Group Law Firm
-
Dauphin County Economic Development County Government Office
-
BridgeTrust Title Insurance Agency
-
Premier Reporting, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.74M
Owner & transaction history
Veterans Building Investors LLC · 5 yrs held
Veterans Building Investors LLC
since 2021
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,340,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.93M (Mar 30 2021)
Last sale anchor
$1.93M
Mar 30 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
$34 / 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
$72,420
Tax year 2023
Assessed value
$1,238,300
Assessed 2024
Previous assessed
$1,238,300
+0.0% YoY
Effective rate
5.85%
On assessed value
Assessed land
$734,900
Assessed improvement
$503,400
Land market value
$734,900
Improvement market value
$503,400
Total market value
$1,238,300
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1918
Heating
CENTRAL
Cooling
CENTRAL
Stories
8
Total area
50,752 SF
Lot
0.16 ac (6,970 SF)
APN
03-003-036
UPID
US73-5866677
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
Building & site characteristics
From public records
Year built
1918
Heating
CENTRAL
Cooling
Yes
Stories
8
Lot
0.16 ac
Current owner
From public records · entity-resolved
Veterans Building Investors LLC
Entity
Mailing address
320 MARKET ST STE 273E, HARRISBURG, PA 17101-2201
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
—
Veterans Building Investors LLC
—
Deed
related
$4,973,000 · Mid Penn Bank
Mar 30, 2021
$1,925,000
Veterans Building Investors LLC
Dauphin County Industrial Dev Autho
Deed
$1,443,750 · Mid Penn Bank
Jun 2, 2005
$500,000
Dauphin Cnty Indl Dev Authori
County Of Dauphin
Grant Deed
related
—
—
—
Dauphin Cnty Indl Dev Authori
—
Deed Of Trust
related
$305,000 · Susquehanna Bank
—
—
Dauphin Cnty Indl Dev Authori
—
Deed Of Trust
related
$1,900,000 · Graystone Tower Bank
—
—
Walter Tweitman
—
Deed Of Trust
related
$60,000 · Countrywide Bank
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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