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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Car washes
2208 Derry St Harrisburg, PA 17104-2725
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0484125
Property summary
AI-generated overview
This exceptional investment opportunity presents a thriving car wash located at 2208 Derry St, Harrisburg, PA 17104. The property, built in 2001, boasts a 3,300 square foot building situated on a 0.74-acre lot. The car wash features two automatic touchless bays (one brand new in 2024), four self-serve bays, and ten vacuum stations. Recent upgrades include new blowers (2023), a hot water heater, and a storage tank (2024), ensuring efficient and reliable operation. Additional amenities include a convenient office and restroom. The property is zoned for commercial use and benefits from a large, established clientele, making it an ideal investment for a discerning buyer. The asking price is $1,950,000, translating to $590.91 per square foot. This well-maintained, single-story building represents a strong, established business with significant growth potential in the Harrisburg market. The Derry Street Car Wash is a recognizable landmark in the city, offering a secure and profitable investment opportunity.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2001
Total area
3,392 SF
Lot
0.74 ac (32,234 SF)
APN
13-060-002
UPID
US73-0484125
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
-
Derry St. Car Wash Car Wash
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.15M
Owner & transaction history
Derry Car Wash LLC · 3 yrs held
Derry Car Wash LLC
since 2022
Last sale
$1.3M
7 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 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
$1,095,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.25M (Sep 12 2022)
Last sale anchor
$1.25M
Sep 12 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
$339 / 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
$13,871
Tax year 2023
Assessed value
$254,800
Assessed 2024
Previous assessed
$254,800
+0.0% YoY
Effective rate
5.44%
On assessed value
Assessed land
$111,300
Assessed improvement
$143,500
Land market value
$111,300
Improvement market value
$143,500
Total market value
$254,800
Applied tax rate
10.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Total area
3,392 SF
Lot
0.74 ac (32,234 SF)
APN
13-060-002
UPID
US73-0484125
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
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Derry Car Wash LLC
Entity
Mailing address
100 IRON FURNACE CT, LEWISBERRY, PA 17339-9339
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$1,250,000
Derry Car Wash LLC
Richard G Krehltng
Deed
$1,000,000 · Americhoice FCU
Nov 25, 2019
—
Richard G Krehling
—
Deed
related
$100,000 · Meridian Bk
Jul 10, 2017
—
Richard G Krehling
—
Deed
related
$300,000 · Meridian Bk
Jun 14, 2007
—
Richard G Krehling
Krehling,richard G & Diana L
Quit Claim Deed
related
—
—
—
Krehling,richard G
—
Deed Of Trust
related
$150,000 · Riverview Bk
—
—
Richard G Krehling
—
Deed Of Trust
related
$100,000 · Meridian Bk
—
—
Richard G Krehling
—
Deed Of Trust
related
$100,000 · Riverview Bank
—
—
Richard G Krehling
—
Deed Of Trust
related
$100,000 · Meridian Bk
—
—
Richard G Krehling
—
Deed Of Trust
related
$1,400,000 · Meridian Bk
—
—
Krehling,richard G & Diana L
—
Deed Of Trust
related
$360,000 · Pennsylvania St Bk
—
—
Richard G Krehling
—
Deed Of Trust
related
$300,000 · Meridian Bk
—
—
Richard G Krehling
—
Deed Of Trust
related
$462,000 · Pennsylvania State Bank
—
—
Richard G Krehling
—
Deed Of Trust
related
$588,000 · Pennsylvania State Bank
—
—
Richard G Krehling
—
Deed Of Trust
related
$1,200,000 · 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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