Financial
Distress signals
Property profile

1512 E Caracas Ave Hershey, PA 17033

FOR LEASE
Other industrial properties
Property ID
US73-2971771
4,000 SF 5.78 ac lot Built 1986
Last sale Jan 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 125-square-foot office suite within a multi-suite coworking environment in Hershey, located at 1512 E Caracas Ave just off E Chocolate Avenue. The second-floor space is accessible by an elevator and has a dedicated second-floor entrance. Tenant use includes two shared office bathrooms and a common kitchen. The overall building was constructed in 1995 and provides approximately 70 parking spaces for the building. The suite is configured for coworking use.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$289k
Assessed land$289k
Effective rate2.88%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$9k
Operating expenses−$13k
NOI · 188,135.00% cap applied$38k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$105/SF
County average, outlier-cleaned · 149 recorded sales of this use type
Observed band · Q1–Q3$37 – $177
Qualifying comparables7

Cap rate analysis

How does the asset earn?
188,135.00%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAUPHIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Pharmacy11.0
Wholesale Shop10.9

Location

1512 E Caracas Ave Hershey, PA 17033
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38 Canal, Hershey, PA 17033-2417 $50,000 Oct 2024 4,410 SF
832 Chocolate, Hershey, PA 17033-1213 $700,000 Aug 2022 3,892 SF
924 Chocolate, Hershey, PA 17033-1215 $650,000 Sep 2021 3,425 SF
309 Hockersville, Hershey, PA 17033-2079 $550,000 Jan 2021 3,675 SF
575 Chocolate, Hershey, PA 17033-1325 $1,040,000 Mar 2020 6,299 SF
1515 Chocolate, Hershey, PA 17033-1166 $610,000 Apr 2019 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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