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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
250 Chocolate Ave Hershey, PA 17033-1569
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0095181
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Total area
5,280 SF
Lot
0.27 ac (11,761 SF)
APN
24-015-011
UPID
US73-0095181
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
-
Smith's Insurance Agency, Inc. Insurance Agency
-
Madden & Gilbert Physical Therapy Medical Clinic
-
Horsepower Lawn & Home Landscaping
-
Connor S Pierce Physician
-
RYAN SHOWALTER Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$665k
Owner & transaction history
Prosperties LLC · 13 yrs held
Prosperties LLC
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$875,000
+14.1%
Commercial (general)
$875,000
+14.0%
Auto repair, garage
$860,000
+12.0%
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 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%
$880,000
6.5%
$815,000
7%
$755,000
Alternative Use
Use
Estimation
RETAIL STORES
$765,000
Current use
MEDICAL BUILDING
$875,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +12% · Conversion: Difficult
RESTAURANT
$745,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$126 / 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
$9,783
Tax year 2023
Assessed value
$339,100
Assessed 2024
Previous assessed
$339,100
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$97,200
Assessed improvement
$241,900
Land market value
$97,200
Improvement market value
$241,900
Total market value
$339,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,280 SF
Lot
0.27 ac (11,761 SF)
APN
24-015-011
UPID
US73-0095181
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
RETAIL STORES Current
Est. value
$765,000
MEDICAL BUILDING
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$860,000
RESTAURANT
Est. value
$745,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Prosperties LLC
Entity
Mailing address
420 MAPLE AVE, HERSHEY, PA 17033-1740
Ownership since
2012
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
May 27, 2022
—
Prosperties LLC
—
Deed
related
$50,000 · M & T Bank
Oct 24, 2012
$358,253
Prosperties LLC
Room One Corp
Grant Deed
—
Dec 21, 2005
$565,000
Room One Corp
Grs Properties LLC
Grant Deed
$452,000 · Manufacturers Traders & Trust
Oct 28, 2004
—
Grs Properties LLC
Sponaugle,glen R
Grant Deed
related
—
—
—
Prosperties LLC
—
Deed Of Trust
related
$355,000 · Manufacturers & Traders Tr
—
—
Glen R Sponaugle
—
Deed Of Trust
related
$440,000 · Sunbank
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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