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1201 Fulling Mill Rd, Middletown, PA 17057
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Property summary
AI-generated overview
The property at 1201 Fulling Mill Road is a three-story office building containing approximately 59,900 square feet on a 5.01-acre lot. It is situated in Central Pennsylvania with convenient access to major highways, including I-81, I-83, I-76/PA Turnpike, and I-283, and it is located within a short drive of Harrisburg International Airport. The building is configured for corporate office use and is located near retail and dining establishments such as Target and several national restaurant operators.
Property profile
Verified
Property type
Other office properties
Use group
OFFICE (GENERAL)
Year built
1997
Total area
38,280 SF
Lot
5.01 ac (218,236 SF)
APN
36-009-359
UPID
US73-2349017
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Credit Union
-
Corporate Office Business Park
-
Credit Union
-
Training Center
-
Business Management Consultant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.16M
Comparable Approach
Comparable
$5.65M
Blend (final)
Blend
$5.74M
Owner & transaction history
since 2021
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Medical building
$6.3M
+70.3%
Auto repair, garage
$6.2M
+67.2%
Retail stores
$5.6M
+49.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.74M
Value range
$5.17M – $6.31M
±10% around blend
Estimated value / SF
$150 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$5.17M
blend $5.74M
$6.31M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
38,280 SF
Lot area
5.01 ac
Year built
1997
Stories
2
APN
36-009-359
Assessed value
$3,059,300
Annual tax
$106,145
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.16M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.75M
@ 6.5% CAP return
$7.16M
@ 7% CAP return
$6.65M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$106,145
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$5.65M
Range $1.45M – $5.65M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.74M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$97
+54%
Submarket 29 sales
$97
+54%
County 424 sales
$87
+72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $150/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+70%
vs current-use indication
Auto Repair, Garage
Retail Stores
Restaurant
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.95M
Move the market yield to see immediate price impact.
Value / SF
$286
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$690k
$13.79M
$9.85M
$7.66M
$766k
$15.33M
$10.95M
$8.52M
$843k
$16.86M
$12.04M
$9.37M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$106,145
Tax year 2023
Assessed value
$3,059,300
Assessed 2024
Previous assessed
$3,059,300
+0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$400,800
Assessed improvement
$2,658,500
Land market value
$400,800
Improvement market value
$2,658,500
Total market value
$3,059,300
Applied tax rate
36.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1997
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
38,280 SF
Lot
5.01 ac (218,236 SF)
APN
36-009-359
UPID
US73-2349017
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
5.01 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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