2501 3rd St Harrisburg, PA 17110-1904
Property profile & analytics
2501 3rd St Harrisburg, PA 17110-1904
- Hospitals
Property ID
US73-5120233
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Angstadt Diane M MD / Physician
- Pennsylvania Psychiatric Institute (PPI) / Crisis Center / Medical Clinic
- Pinnacle Health System: Tan Tjiauw-Ling MD / Physician
- Amy Urenko, PT / Physician
- Pinnaclehealth Physical Therapy: Schonewolf Scott DO / Physician
Property Details for 2501 3rd St
- Property type
- Hospitals
- APN
- 10-043-013-001-0002
- APU
- 100430130010002
Description
This exceptional investment opportunity presents a fully occupied, 314,790 square foot, seven-story medical office building located at 2501 N 3rd St, Harrisburg, PA 17110. The property, built in 1964, sits on a 5.96-acre lot and boasts a 7.11% cap rate with a net operating income (NOI) of $3,840,151. The asking price is $54,000,000, translating to $171.54 per square foot. This single-tenant property is under a triple-net (NNN) master lease with a credit-rated corporate guarantor, ensuring consistent income. The tenant, UPMC, and its predecessors have occupied the site since 1909, demonstrating a long-standing commitment to this mission-critical location. The building houses various healthcare services, including the Pennsylvania Psychiatric Institute and the National Alliance on Mental Illness, along with physical therapy, an orthopedic clinic, and clinical education and development. Its central location in Uptown Harrisburg offers easy access to major highways (I-83, I-76, I-81, US-322, US-22, US-11, US-15) and proximity to UPMC Harrisburg Hospital Campus and Penn State Health Holy Spirit Hospital Campus. Ample on-site parking is available, including approximately 200 surface spaces and an adjacent parking garage. The property is subject to a 50-year ground lease. This is a rare opportunity to acquire a high-performing, strategically located medical office building with a strong tenant and significant historical presence in the Harrisburg community.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8985
- Latitude
- 40.2858
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,714
$500
$38,900
$39,400
-
$500
$38,900
$39,400
