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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
231 Nn St Harrisburg, PA 17101-1125
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-5883545
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1936
Total area
1,786 SF
Lot
0.02 ac (871 SF)
APN
04-014-003
UPID
US73-5883545
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
-
Home 231 Restaurant
-
North Street Grocer & Trading Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$335k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Rnm Group LLC · 1 yrs held
Rnm Group LLC
since 2025
Last sale
$670,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$335,000
+163.0%
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
$550,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$360,000
6.5%
$335,000
7%
$310,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$335,000
Change: +163% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $670k (Mar 20 2025)
Last sale anchor
$670k
Mar 20 2025
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
$308 / 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
$3,941
Tax year 2023
Assessed value
$76,900
Assessed 2024
Previous assessed
$76,900
+0.0% YoY
Effective rate
5.12%
On assessed value
Assessed land
$24,100
Assessed improvement
$52,800
Land market value
$24,100
Improvement market value
$52,800
Total market value
$76,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1936
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
1,786 SF
Lot
0.02 ac (871 SF)
APN
04-014-003
UPID
US73-5883545
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
Est. value
$335,000
AUTO REPAIR, GARAGE
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
1936
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Rnm Group LLC
Entity
Mailing address
3320 DERRY ST, HARRISBURG, PA 17111-1810
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
$670,000
Rnm Group LLC
Murphy And Laus Real Estate LLC
Deed
$370,000 · Murphy And Laus Real Estate LLC
Mar 6, 2014
$325,000
Murphy & Laus Real Estate LLC
Galiardo,frederick T
Grant Deed
—
Feb 6, 2003
$175,000
Galiardo,frederick T
Defazio,michael W
Grant Deed
$140,000 · Pnc Bk/oh
—
—
Frederick T Galiardo
—
Deed Of Trust
related
$130,000 · Pnc 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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