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    Property profile & analytics

    300 Hershey Rd Harrisburg, PA 17112-9734

    • Turn key restaurants
    • 6,102 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $975,000
    Last Sale
    May 29, 2025
    $840,000
    Location Intelligence
    Property ID
    US73-2034128
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 300 Hershey Rd

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.92 lot acres
    Property size
    6,102 SF
    Property type
    Turn key restaurants
    APN
    68-030-028
    APU
    68030028

    Description

    This turnkey restaurant opportunity in Harrisburg, PA, is listed at $999,900. The 6,102 square foot building, constructed in 1960 and extensively renovated in 2023, sits on a 0.92-acre lot with 50 parking spaces. Currently operating as a restaurant, the sale includes the real estate and all fixtures, furniture, and equipment (FF&E). Its prime location, just 10 minutes from Hershey Park and 2 miles from I-81, ensures high visibility and accessibility. A significant advantage is the inclusion of a fully renovated, three-bedroom, two-bathroom apartment with a separate entrance, kitchen, laundry room, and living space located upstairs. This apartment offers excellent potential for owner-occupancy or as a rental income source, adding to the property's overall value. Lease options are negotiable. The property is ideally suited for a restaurant owner-user seeking a well-established business with significant upside potential. The sale price equates to $163.86 per square foot. Serious inquiries only. Do not disturb current business operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $835,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $945,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,035,000
      Retail
      $960,000
      Mixed-Use
      $820,000
      Hospitality
      $835,000
      Educational
      $760,000
      Residential Income
      $975,000
      Energy
      $900,000
      Income-Based Land
      $805,000
      Food Service
      $845,000

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7135
    Latitude
    40.3311
    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
    $6,395
    $52,500
    $193,300
    $245,800
    -
    $52,500
    $193,300
    $245,800

    Comparable in this City

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      5125 Jonestown Rd Ste, Unit 157

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      310 Mtn Rd

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    • Value Estimation
      $1,275,000
      5,218 SF

      4301 Linglestown Rd

      RESTAURANT • 5,218 SF
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    • Value Estimation
      $365,000
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      6791 Linglestown Rd

      RESTAURANT • 5,179 SF
      6791 Linglestown Rd, Harrisburg, PA 17112-1320
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    • Value Estimation by Request
      1,527 SF

      7510 Allentown Blvd

      RESTAURANT • 1,527 SF
      7510 Allentown Blvd, Harrisburg, PA 17112-4233
      View Details

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    Similar Nearby for Lease

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      Retail Space on Linglestown Road

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    300 Hershey Rd
    Harrisburg, PA 17112-9734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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