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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Assisted living facilities
3701 Vartan Way, Harrisburg, PA 17110-9442
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-4420574
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Total area
8,126 SF
Lot
0.8 ac (34,848 SF)
APN
62-021-172
UPID
US73-4420574
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
-
Susquehanna Twnshp KinderCare Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Kcp Re LLC · 10 yrs held
Kcp Re LLC
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+8.7%
Restaurant
$795,000
+8.2%
Office building
$790,000
+7.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$735,000
Current use
AUTO REPAIR, GARAGE
$800,000
Change: +9% · Conversion: Difficult
RESTAURANT
$795,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$715,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$610,000
Change: -17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$605,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$70 / 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
$16,801
Tax year 2023
Assessed value
$534,900
Assessed 2024
Previous assessed
$534,900
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$104,800
Assessed improvement
$430,100
Land market value
$104,800
Improvement market value
$430,100
Total market value
$534,900
Applied tax rate
62.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
1
Total area
8,126 SF
Lot
0.8 ac (34,848 SF)
APN
62-021-172
UPID
US73-4420574
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$800,000
RESTAURANT
Est. value
$795,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$610,000
INDUSTRIAL (GENERAL)
Est. value
$605,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1987
Heating
YES
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Kcp Re LLC
Entity
Mailing address
6310 SAN VICENTE BLVD STE #250, LOS ANGELES, CA 90048-5447
Ownership since
2015
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
Jul 27, 2021
—
Kcp Re LLC
—
Deed
related
$641,800 · Goldman Sachs Bank USA
Aug 6, 2015
—
Kcp Re LLC
Kc Propco LLC
Quit Claim Deed
related
—
Dec 13, 2005
—
Kc Propco LLC
—
Deed Of Trust
related
$650,000,000 · * Other Institutional Lenders
Aug 20, 2003
$1,200,000
Marco Polo INC
Kindercare Learning Centers In
Grant Deed
—
Jul 28, 2003
—
Kc Propco LLC
Kindercare Learning Centers In
Grant Deed
$300,000,000 · Morgan Stanley Mtg Cap
—
—
Kcp Re LLC
—
Deed Of Trust
related
$550,000,000 · Miscellaneous Ins Co
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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