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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Apartment buildings
255 Briggs St, Harrisburg, PA 17102-3004
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0128567
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Total area
3,852 SF
Lot
0.07 ac (3,049 SF)
APN
04-002-003
UPID
US73-0128567
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$384k
Blend (final)
Blend
$530k
Owner & transaction history
Sjl Rentals LLC · 4 yrs held
Sjl Rentals LLC
since 2022
Last sale
$625,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$720,000
+113.3%
Medical building
$565,000
+67.2%
Retail stores
$545,000
+60.7%
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
$545,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$440,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$340,000
Current use
AUTO REPAIR, GARAGE
$720,000
Change: +113% · Conversion: Difficult
MEDICAL BUILDING
$565,000
Change: +67% · Conversion: Moderate
RETAIL STORES
$545,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $625k (Jun 21 2022)
Last sale anchor
$625k
Jun 21 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
$138 / 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
$8,046
Tax year 2023
Assessed value
$142,800
Assessed 2024
Previous assessed
$142,800
+0.0% YoY
Effective rate
5.63%
On assessed value
Assessed land
$72,900
Assessed improvement
$69,900
Land market value
$72,900
Improvement market value
$69,900
Total market value
$142,800
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1920
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
3,852 SF
Lot
0.07 ac (3,049 SF)
APN
04-002-003
UPID
US73-0128567
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$340,000
AUTO REPAIR, GARAGE
Est. value
$720,000
MEDICAL BUILDING
Est. value
$565,000
RETAIL STORES
Est. value
$545,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1920
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
Sjl Rentals LLC
Entity
Mailing address
1400 FAIRHILL RD, SELLERSVILLE, PA 18960-3324
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$625,000
Sjl Rentals LLC
Eastern State Investments LLC
Deed
$500,000 · Members 1st FCU
Apr 15, 2022
$140,000
Sjl Rentals LLC
253 Briggs St LLC
Deed
—
Jan 23, 2017
—
Eastern Estate Investments LLC
—
Deed
related
$262,000 · Reliance Savings Bank
Jan 24, 2002
$186,000
Marsico,timothy J & Maryann P
Carmo,walter L & Dazimae R
Grant Deed
$148,800 · Community Bk
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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