Entity Owned Property summary
This exceptional mixed-use property in Hershey, Pennsylvania, presents a compelling investment opportunity. Located at 1223 E Chocolate Ave, this stabilized investment boasts 2,850 square feet across two stories, situated on a 0.84-acre lot (APN 62-17-217). The property is currently 100% occupied with a diverse tenant mix, including a personal services business in a three-year lease with two five-year options, and long-term tenants in the upper-level apartment and garage/workshop. The first… floor comprises 1,400 square feet of retail space. The asking price is $515,000, representing a price per square foot of $180.70. The property is zoned Palmdale MU and offers off-street parking. Currently operating at a 6.1% cap rate, this property offers significant value-add potential through lease structure adjustments, such as transitioning tenants to a net-net-net (NNN) lease, and implementing rent escalations. This makes it an ideal addition to an existing portfolio or a strong starting point for new investors seeking a stable, income-producing asset in a highly desirable Hershey location, just minutes from the downtown area. The property includes a one-bedroom apartment and a garage/workshop, adding to its versatility and income streams.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 14 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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