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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Hotels
400 Corporate Cir Harrisburg, PA 17110-9782
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-1617630
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Construction
FRAME
Total area
18,635 SF
Lot
2.17 ac (94,525 SF)
APN
62-023-060
UPID
US73-1617630
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
-
Red Roof Inn Harrisburg North Hotel & Motel
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.65M
Blend (final)
Blend
$3.64M
Owner & transaction history
Corporate Circle Harrisburg Ll · 6 yrs held
Corporate Circle Harrisburg Ll
since 2020
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+14.8%
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
$3,370,000
ML approach
$3,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,040,000
Current use
AUTO REPAIR, GARAGE
$3,490,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$2,735,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$2,630,000
Change: -13% · Conversion: Difficult
RESTAURANT
$2,570,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.92M (Jan 3 2020)
Last sale anchor
$3.92M
Jan 3 2020
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
$195 / 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
$71,627
Tax year 2023
Assessed value
$2,280,400
Assessed 2024
Previous assessed
$2,280,400
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$768,500
Assessed improvement
$1,511,900
Land market value
$768,500
Improvement market value
$1,511,900
Total market value
$2,280,400
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
18,635 SF
Lot
2.17 ac (94,525 SF)
APN
62-023-060
UPID
US73-1617630
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
HOTEL/MOTEL Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
RESTAURANT
Est. value
$2.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
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
1979
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.17 ac
Current owner
From public records · entity-resolved
Corporate Circle Harrisburg Ll
Individual
Mailing address
34 CRES RD, OLD BRIDGE, NJ 08857-4105
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
$3,920,000
Corporate Circle Harrisburg Ll
Bw Rri II LLC
Grant Deed
$3,920,000 · First Resource Bk
Feb 8, 2018
—
Bw Rri II LLC
—
Grant Deed
related
$800,000,000 · Barclays Bk/plc
Dec 28, 2011
—
Fmw Rri I LLC
Red Roof Inns INC
Grant Deed
$275,000,000 · Fortress Credit Corp
Nov 2, 2007
—
Red Roof Inns INC
Red Roof Harrisburg North Co
Quit Claim Deed
related
—
Aug 25, 2004
—
Red Roof Harrisburg North Co
Dauphin Cnty Indl Dev Authori
Grant Deed
related
—
—
—
Bw Rri II LLC
—
Deed Of Trust
related
$720,000,000 · Barclays Bk/plc
—
—
Fmw Rri II LLC
—
Loan Modification
related
$285,000,000 · Fortress Credit Corp
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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