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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Hotels
328 Ct St Williamsport, PA 17701-6280
Entity Owned
1-yr Hold
Free & Clear
Property ID
US73-3324904
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1901
Total area
1,918 SF
Lot
0.17 ac (7,405 SF)
Zoning code
COMM
APN
63+,002.0-0117.00-000+
UPID
US73-3324904
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
-
Old Corner Hotel Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Morrone Enterprises LLC · 1 yrs held
Morrone Enterprises LLC
since 2024
Last sale
$701,474
3 recorded transactions
Zoning & alternative use
COMM · Williamsport, PA
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 Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $701k (Dec 13 2024)
Last sale anchor
$701k
Dec 13 2024
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
$365 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,913
Tax year 2024
Assessed value
$343,860
Assessed 2024
Previous assessed
$343,860
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$32,050
Assessed improvement
$311,810
Land market value
$32,050
Improvement market value
$311,810
Total market value
$343,860
Applied tax rate
63.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1901
Heating
NONE
Total area
1,918 SF
Lot
0.17 ac (7,405 SF)
Zoning code
COMM
APN
63+,002.0-0117.00-000+
UPID
US73-3324904
Jurisdiction
LYCOMING
Zoning & alternative use
COMM · Williamsport, PAZoning COMM · permitted uses
COMM · Williamsport, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Williamsport13
Building & site characteristics
From public records
Year built
1901
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Morrone Enterprises LLC
Entity
Free & Clear · 1 yrs held
Mailing address
200 GRAMPIAN BLVD, WILLIAMSPORT, PA 17701-1814
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$701,474
Morrone Enterprises LLC
Joanna Morrone
Special Warranty Deed
—
Dec 13, 2019
—
Barbara K Morrone
Barbara K Morrone
Intrafamily Transfer
related
—
Sep 14, 2009
—
Frank Morrone II
Frank Morrone II
Special Warranty Deed
—
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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