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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Schools
1450 Pkwy W Pkwy Harrisburg, PA 17112-9106
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1072467
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1990
Total area
4,680 SF
Lot
0.88 ac (38,333 SF)
APN
35-014-255
UPID
US73-1072467
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
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$655k
Owner & transaction history
K Care Hbg LLC · 3 yrs held
K Care Hbg LLC
since 2022
Last sale
$740,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$575,000
+24.2%
Commercial (general)
$495,000
+7.6%
Office building
$465,000
+0.8%
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 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
$645,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$460,000
Current use
AUTO REPAIR, GARAGE
$575,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$465,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$415,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$415,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $740k (Dec 19 2022)
Last sale anchor
$740k
Dec 19 2022
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
$140 / 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
$12,182
Tax year 2023
Assessed value
$452,500
Assessed 2024
Previous assessed
$452,500
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$162,900
Assessed improvement
$289,600
Land market value
$162,900
Improvement market value
$289,600
Total market value
$452,500
Applied tax rate
35.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
2
Total area
4,680 SF
Lot
0.88 ac (38,333 SF)
APN
35-014-255
UPID
US73-1072467
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$460,000
AUTO REPAIR, GARAGE
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$495,000
OFFICE BUILDING
Est. value
$465,000
RETAIL STORES
Est. value
$415,000
MEDICAL BUILDING
Est. value
$415,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
1990
Heating
YES
Cooling
Yes
Stories
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
K Care Hbg LLC
Entity
Mailing address
1802 SILVER PNE CIR, MECHANICSBURG, PA 17050-8506
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$740,000
K Care Hbg LLC
Lester Stare Baron
Special Warranty Deed
$629,000 · Centric Bank
Jun 27, 2019
$511,000
Lester Stare
John V Ceperich
Deed
$334,740 · Members 1st FCU
Dec 2, 2009
$550,000
John V Ceperich
Custer Properties INC
Grant Deed
$306,985 · Fulton 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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