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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Medical Office Space
1421 Fishburn Rd, Hershey, PA 17033-9795
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-5788592
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
7,816 SF
Lot
1.3 ac (56,628 SF)
APN
24-053-005
UPID
US73-5788592
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
-
Gastroenterology Associates of Central PA P.C. Physician
-
Haley Kershner Physician
-
Carrie Leese Physician
-
Endoscopy Center Medical Clinic
-
Werkman Robert F MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$880k
Owner & transaction history
Gi Properties Of Hershey LLP · 22 yrs held
Gi Properties Of Hershey LLP
since 2003
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 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
MEDICAL BUILDING
$1,295,000
Current use
COMMERCIAL (GENERAL)
$1,295,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,270,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,135,000
Change: -12% · Conversion: Difficult
RESTAURANT
$1,100,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$113 / 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
$25,973
Tax year 2023
Assessed value
$900,300
Assessed 2024
Previous assessed
$900,300
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$283,100
Assessed improvement
$617,200
Land market value
$283,100
Improvement market value
$617,200
Total market value
$900,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Total area
7,816 SF
Lot
1.3 ac (56,628 SF)
APN
24-053-005
UPID
US73-5788592
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
MEDICAL BUILDING Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Gi Properties Of Hershey LLP
Entity
Mailing address
1421 FISHBURN RD, HERSHEY, PA 17033-9795
Ownership since
2003
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
Nov 4, 2020
—
Gi Properties Of Hershey LLP
—
Deed
related
$600,000 · Riverview Bk
Jul 21, 2003
$245,000
Gi Properties Of Hershey LLP
Hutson,george E & Beverly L
Grant Deed
—
—
—
Gl Properties Of Hershey LLP
—
Deed Of Trust
related
$100,000 · First National Bank Marysville
—
—
Gi Properties Of Hershey LLP
—
Deed Of Trust
related
$1,474,000 · Wachovia Bank NA
—
—
Gi Properties Of Hershey LLP
—
Deed Of Trust
related
$600,000 · Riverview Bk
—
—
Gl Properties Of Hershey LLP
—
Deed Of Trust
related
$825,000 · First National Bank Marysville
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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