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    Property profile & analytics

    441 Chocolate Ave Hershey, PA 17033-1324

    • Medical offices
    • 5,500 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Last Sale
    May 02, 2023
    $159,000
    Location Intelligence
    Property ID
    US73-2264363
    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

    • Finger Paint Nail Salon / Nail Salon
    • Jasmine Virk, MD / Doctor / Pediatrician
    • Fosnocht Deanne L MD / Pediatrician
    • Joanne Durbin / Pediatrician
    • Munz Sarah L / Pediatrician

    Property Details for 441 Chocolate Ave

    Year built
    1988
    Construction
    FRAME
    Lot size
    1.02 lot acres
    Property size
    5,500 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    24-020-032
    APU
    24020032

    Description

    This exceptional medical office suite, located at 441 E Chocolate Ave in Hershey, Pennsylvania 17033, offers 2,500 square feet of versatile space ideal for a variety of healthcare practices. Currently configured with multiple rooms, a reception area, and a conference room, the layout is adaptable to suit individual tenant needs. The suite boasts convenient client and staff parking directly outside the entrance, ensuring easy accessibility. Situated within a building housing other professional and medical offices, this location provides a professional and established environment. The monthly rental rate is below $2,500 and includes all utilities and expenses, offering predictable budgeting. The suite is ready for immediate occupancy, and modifications to the existing layout can be completed quickly to meet specific tenant requirements. This is a fantastic opportunity for a medical practice, financial firm, or other professional business seeking a well-appointed and conveniently located office space in Hershey, PA.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $205,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $200,000
      Retail
      $210,000
      Mixed-Use
      $220,000
      Hospitality
      $200,000
      Educational
      $245,000
      Residential Income
      $220,000
      Energy
      $230,000
      Income-Based Land
      $215,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Hershey
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.64
    Latitude
    40.2899
    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
    $28,612
    $301,100
    $690,700
    $991,800
    -
    $301,100
    $690,700
    $991,800

    Comparable in this City

    • Value Estimation
      $285,000
      1,511 SF

      1344 Chocolate Ave

      MEDICAL BUILDING • 1,511 SF
      1344 Chocolate Ave, Hershey, PA 17033-1116
      View Details
    • Value Estimation
      $375,000
      3,160 SF

      357 Governor Rd

      MEDICAL BUILDING • 3,160 SF
      357 Governor Rd, Hershey, PA 17033-2074
      View Details
    • Value Estimation by Request
      24,652 SF

      32 Nene Dr

      MEDICAL BUILDING • 24,652 SF
      32 Nene Dr, Hershey, PA 17033-2755
      View Details
    • Value Estimation by Request
      7,816 SF

      1421 Fishburn Rd

      MEDICAL BUILDING • 7,816 SF
      1421 Fishburn Rd, Hershey, PA 17033-9795
      View Details
    • Value Estimation
      $225,000
      1,988 SF

      753 Fishburn Rd

      MEDICAL BUILDING • 1,988 SF
      753 Fishburn Rd, Hershey, PA 17033-2012
      View Details
    • Value Estimation
      $250,000
      805 SF

      1742 Chocolate Ave

      MEDICAL BUILDING • 805 SF
      1742 Chocolate Ave, Hershey, PA 17033-1181
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Hershey Retail Bank Building For Sale

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    Similar Nearby for Lease

    • Contact for pricing
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    • $19 SF/Yr
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      View Details
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    Hershey, PA 17033-1324
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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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