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Property profile & analytics
OFF-MARKET
Commercial land
506 Harpster Ln Boalsburg, PA 16827
Individually Owned
4-yr Hold
Absentee Owner
Property ID
US73-3550748
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.87 ac (37,897 SF)
APN
25-013-,102A,0000-
UPID
US73-3550748
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daniel B Grupp · 4 yrs held
Daniel B Grupp
since 2022
Last sale
$410,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Boalsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boalsburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.87 ac (37,897 SF)
APN
25-013-,102A,0000-
UPID
US73-3550748
Jurisdiction
CENTRE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.87 ac
Current owner
From public records · entity-resolved
Daniel B Grupp
Individual
Mailing address
201 KING OF PRUSSIA RD STE #370, RADNOR, PA 19087-5160
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
$389,900
Daniel B Grupp
William J Ceriani
Deed
—
Jan 21, 2021
—
Ronald W Propst
—
Deed
related
$400,000 · Fairway Independent Mortgage Corp
Nov 9, 2020
$410,000
Meen Rhee Chae
Carl A Anderson III
Deed
$205,000 · First National Bank Of Pennsylvania
Nov 12, 2019
$414,000
John Moryken
Claire Miller Mease
Deed
—
Nov 6, 2019
$485,000
Rocco S Simonetta
Robert W Baker
Deed
—
Aug 20, 2019
—
Carol L Glaskin
—
Deed
related
$320,000 · Citizens Bank Of Pennsylvania
Oct 11, 2018
—
Peter L Perrotta
Anthony J Perrotta
Intrafamily Transfer
related
—
Aug 31, 2017
—
Harris Township
Toa Pa IV LP
Transfer On Death Deed
—
Jul 21, 2017
$488,000
Raymond Luebbers
Roger E Shenk
Deed
—
Sep 20, 2016
$340,830
Charles E Fuller
Toa Pa IV LP
Deed
$272,000 · Wells Fargo Bank NA
Jun 20, 2016
$385,000
Larry A Crilley
Marlin J Dunlap
Deed
—
Mar 14, 2016
—
Marlin J Dunlap
Toa Pa IV LP
Deed
$407,027 · Wells Fargo Bank NA
Jul 28, 2015
$355,000
Laurence J Thorwart
Robert J Neyhart
Deed
—
Dec 17, 2014
—
Claudia L Gulley
Toa Pa IV LP
Deed
$75,100 · Wells Fargo Bank NA
Mar 12, 2014
$387,500
Carol L Glaskin
Karen Lee Schuckman
Deed
—
Jun 24, 2013
$330,531
Connie M Swan
Toa Pa IV LP
Deed
$495,797 · Reverse Mortgage Solutions INC
Nov 21, 2012
$457,038
Edward M Martin
Toa Pa IV L P
Deed
$200,000 · Wells Fargo Bank NA
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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