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Property profile & analytics
OFF-MARKET
Estimated value
$2,720,000
Turn key restaurants
421 Friendship Rd, Harrisburg, PA 17111-1206
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0782983
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1964
Construction
FRAME
Total area
16,268 SF
Lot
2.73 ac (118,919 SF)
APN
63-024-057
UPID
US73-0782983
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
-
feed your soul restaurant Restaurant
-
Lin He Buffet Restaurant Buffet
-
Captain Krab Cajun Seafood & Boil Restaurant
-
Lin Buffet and Grill in Harrisburg, Pa Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$2.72M
Owner & transaction history
Jjlh Associates Ltd · 3 yrs held
Jjlh Associates Ltd
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+35.9%
Medical building
$2.4M
+6.5%
Retail stores
$2.3M
+2.4%
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
$2,535,000
ML approach
$2,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,240,000
Current use
AUTO REPAIR, GARAGE
$3,045,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$2,390,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$2,295,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$2.72M
Range $2.45M – $2.99M · ±10% · vs last sale $2.90M (Jul 27 2022)
Last sale anchor
$2.90M
Jul 27 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
$167 / 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
$39,655
Tax year 2023
Assessed value
$1,399,400
Assessed 2024
Previous assessed
$1,399,400
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$495,000
Assessed improvement
$904,400
Land market value
$495,000
Improvement market value
$904,400
Total market value
$1,399,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1964
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
16,268 SF
Lot
2.73 ac (118,919 SF)
APN
63-024-057
UPID
US73-0782983
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
RESTAURANT Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
RESTAURANT 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
1964
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Jjlh Associates Ltd
Entity
Mailing address
4437 E ST RD, TREVOSE, PA 19053-4984
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
$2,900,000
Jjlh Associates Ltd
Witkowski Family Properties LP
Deed
—
Aug 30, 2019
—
Witkowski Family LLC
—
Deed
related
$451,000 · Americhoice FCU
Nov 24, 2017
—
Witkowski Family LLC
—
Trustees Deed
related
$355,000 · Americhoice FCU
Jul 28, 2015
—
Witkowski Family Properties LP
—
Trustees Deed
related
$100,000 · Americhoice FCU
May 4, 2015
$3,100,000
Witkowski Family Properties LP
Friendship Road Dev Group LLC
Grant Deed
$2,480,000 · Americhoice FCU
Sep 10, 2004
$1,225,000
Friendship Road Dev Group LLC
Compass Group USA INC
Deed Of Trust
related
$2,000,000 · Mid Penn Bank
—
—
Friendship Road Dev Group LLC
—
Deed Of Trust
related
$500,000 · Mid Penn Bank
—
—
Witkowski Family LLC
—
Deed Of Trust
related
$451,000 · Americhoice FCU
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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