4949 Jonestown Rd Harrisburg, PA 17109-1705
Retail space
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Entity Owned
Absentee Owner
~
Est. High Equity
For Lease
1 / 2
Contact for pricing
4949 Jonestown Rd, Harrisburg, PA 17109-1705
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Estimated value (blended)
$2.16M
Range $1.94M – $2.37M (±10%)
Property ID
US73-1327703
Property summary
AI-generated overview
This single-tenant retail property at 4949 Jonestown Rd offers 9,148 square feet of vacant space in a 16,778 square foot building situated on a 2.2-acre lot. Built in 1985, the one-story building boasts 88 parking spaces and exceptional visibility from all directions. The ceiling height is 22 feet, offering ample space for various uses. Flexible space options are available, ranging from approximately 3,200 to 10,728 square feet. The current tenant, Pep Boys, will continue tire and auto repair operations on-site. The property is ideally suited for a variety of non-competing businesses, including medical facilities (dialysis, plasma centers), daycare centers (children or pets), discount retail, furniture/mattress stores, tool/hardware retailers, and automotive businesses such as collision centers, auto glass repair, or auto parts suppliers (excluding those directly competing with the existing tenant). Negotiable cash allowances are available, contingent upon rent terms that ensure a reasonable return on investment. The landlord offers considerable flexibility in lease terms.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
17,080 SF
Lot
1.82 ac (79,279 SF)
APN
35-053-179
UPID
US73-1327703
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Parts Store
-
(Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.64M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$2.16M
Owner & transaction history
since 2026
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$3.2M
+32.7%
Medical building
$2.5M
+4.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.16M
Value range
$1.94M – $2.37M
±10% around blend
Estimated value / SF
$126 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
$1.94M
blend $2.16M
$2.37M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,080 SF
Lot area
1.82 ac
Year built
1985
Stories
1
APN
35-053-179
Assessed value
$1,102,500
Annual tax
$29,681
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.64M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.86M
@ 6.5% CAP return
$2.64M
@ 7% CAP return
$2.45M
4
Sales comparison
Partial preview
Sales approach indication
$2.00M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.2 mi away · 19,777 SF
21.5 mi away · 21,400 SF
22.3 mi away · 21,254 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.16M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 62 sales
$141
-11%
County 92 sales
$145
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $126/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+33%
vs current-use indication
Medical Building
Retail Stores · current use
Restaurant
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.10M
Move the market yield to see immediate price impact.
Value / SF
$65
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$69k
$1.39M
$992k
$772k
$77k
$1.54M
$1.10M
$858k
$85k
$1.70M
$1.21M
$943k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$2.25M
0.9 mi · Jan 2026 · $124/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,681
Tax year 2023
Assessed value
$1,102,500
Assessed 2024
Previous assessed
$1,102,500
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$636,300
Assessed improvement
$466,200
Land market value
$636,300
Improvement market value
$466,200
Total market value
$1,102,500
Applied tax rate
35.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Total area
17,080 SF
Lot
1.82 ac (79,279 SF)
APN
35-053-179
UPID
US73-1327703
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
1.82 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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