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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Automotive properties
1280 Chocolate Ave Hershey, PA 17033-1221
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-0075226
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1968
Construction
FRAME
Total area
12,735 SF
Lot
0.8 ac (34,848 SF)
APN
24-006-175
UPID
US73-0075226
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.60M
Owner & transaction history
Chevrolet-cadillac I Frederick · 19 yrs held
Chevrolet-cadillac I Frederick
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+1.9%
Commercial (general)
$2.1M
+1.8%
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 Hershey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hershey 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,070,000
Current use
MEDICAL BUILDING
$2,110,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,105,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$1,850,000
Change: -11% · Conversion: Difficult
RESTAURANT
$1,795,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10%
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
$126 / 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
$26,930
Tax year 2023
Assessed value
$933,500
Assessed 2024
Previous assessed
$933,500
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$401,600
Assessed improvement
$531,900
Land market value
$401,600
Improvement market value
$531,900
Total market value
$933,500
Applied tax rate
24.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,735 SF
Lot
0.8 ac (34,848 SF)
APN
24-006-175
UPID
US73-0075226
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
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
1968
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Chevrolet-cadillac I Frederick
Individual
Mailing address
1505 QUENTIN RD, LEBANON, PA 17042-7431
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
Frederick Chevrolet Cadillac INC
—
Deed
related
$17,000,000 · First Commonwealth Bank
Jun 5, 2019
—
Frederick Chevrolet F Lebanon
—
Grant Deed
related
$4,200,000 · Frederick C Laurenzo
Apr 16, 2007
—
Chevrolet-cadillac I Frederick
—
Deed Of Trust
related
$7,462,460 · Gmac Bank
Jan 10, 2007
$1,500,000
Chevrolet-cadillac I Frederick
Andan Realty Associates
Grant Deed
$1,550,000 · Gmac Mortgage Corp
Aug 18, 2003
$1,050,000
Andan Realty Associates
Laurenzo,frederick C
Grant Deed
$3,000,000 · Michael Piazza
—
—
Chevrolet-cadillac I Frederick
—
Deed Of Trust
related
$600,000 · Graystone Bank
—
—
Chevrolet-cadillac I Frederick
—
Deed Of Trust
related
$600,000 · Graystone Bank
—
—
Laurenzo,frederick C
—
Deed Of Trust
related
$1,350,000 · Gmac Mtg Svcs
—
—
Chevrolet-cadillac I Frederick
—
Deed Of Trust
related
$1,550,000 · Gmac Mortgage Corp
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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